Orex Minerals Inc. in conjunction with their project partner Fresnillo PLC have commenced the Phase-II 12,000 metres diamond drilling program on their Coneto Silver-Gold Project in Durango, Mexico. A joint technical committee, with both Orex and Fresnillo representation, will manage the Coneto project.
Mundoro Capital Inc. announces the filing of the Company’s financial results for the quarter ended June 30, 2012. The highlights provided in this release should be read in conjunction with the Company’s quarterly financial statements and Management Discussion and Analysis, which are available on SEDAR at www.sedar.com. All dollar amounts are in U.S. dollars unless otherwise stated.
First Majestic Silver Corp. is pleased to announce the appointment of Guillermo Lozano as Vice President of Exploration who will head all exploration activities at the Company’s growing portfolio of projects in Mexico.
Baja Mining Corp. today announced that the lenders to its 70% owned subsidiary, Minera y Metalurgica del Boleo S.A. de C.V. have agreed to a waiver to the second standstill agreement (as described in Baja’s news release of August 7, 2012).
NWM Mining Corporation is pleased to report an operating profit of $1.8 million (net income $1.0 million) for the quarter ended June 30, 2012.
MAG Silver Corp. announced today that it will hold an annual and special meeting of shareholders on October 5, 2012. The record date for shareholders entitled to vote at the AGM has been set as shareholders of record as at the close of business on September 7, 2012.
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.
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