Guerrero Exploration (CVE:GEX) has said that it will issue a total of 150,000 shares at a price of 6 cents each with respect to its agreement with Riverside Resources (CVE:RRI) on the Chapalota gold property in Mexico.
Evrim Resources Corp. is pleased to announce that a second phase drilling and exploration program has been approved by partner Inmet Mining Corporation at the Company’s Suaqui Verde copper-molybdenum porphyry project in Sonora, Mexico. Evrim and Inmet have also received remaining assay results from the first phase drilling program. The approved program is designed to test a combination of geophysical targets and exposed surface targets within the Adriana system and the surrounding basin and will include preliminary geological and geophysical work on the Cardelena project, recently optioned by Inmet.
Azure Minerals Limited, the Mexican-focused minerals exploration company, is pleased to provide shareholders with an update of recent developments on two of the Company’s 100%-owned properties, La Tortuga and El Tecolote. The Company has in place farm-in agreements with the Japanese Government organisation, JOGMEC, over these projects through two separate joint ventures. Azure is free-carried for the first US$16 million of exploration expenditure.
First Majestic Silver Corp. is pleased to announce an updated and restated NI 43-101 Technical Report and Pre-Feasibility Study for the Del Toro Silver Mine.
Cream Minerals Ltd. is pleased to announce that it is relocating to new offices. The move is intended to result in savings of monthly office rent. Effective Thursday August 23, 2012, the Company’s new office is located at the following address:
MAG Silver Corp. is pleased to announce that its previously disclosed private placement will be an offering of 3,526,210 common shares at a per share price of C$9.40 for gross proceeds of approximately C$33.1 million. The common shares will be subject to a four month hold period. The Offering is expected to close on or about September 5, 2012.
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