Day: September 7, 2012

Southridge Enterprises Inc. (SRGE) Stock increases on Good Quarterly Numbers

Southridge Enterprises Inc. (OTC: SRGE) stock closed its latest trading session at $0.0032, up 33.33 percent from its previous close. Its latest trading volume has been recorded at 152 million shares, in contrast to the average daily trading volume of 15.16 million shares. The company’s market capitalization stands at $2.70 million. SRGE has 843.08 million shares outstanding in the market. The company stock’s beta is -14.22.

Riverside Resources and Partner Sierra Madre Provide Update on Developments at the Peñoles Project in Durango, Mexico

Riverside Resources Inc. and its partner, Sierra Madre Developments provide an update on progress at the 350 km² Peñoles Project in Durango, Mexico. Riverside continues to have a strong cash position with $9,000,000 and major partners funding exploration work in Canada and Mexico. The Company is pleased with progress at its Peñoles project where a partially defined oxide gold prospect (referred to as El Capitan), two historic silver mines that have never been systematically drill tested (Jesus Maria and San Rafael) and multiple early stage targets are hosted within a district scale land package that covers more than half of the historic Peñoles Mining District.

Bacanora Announces Inferred Resource of 712,000 Tonnes of Lithium Carbonate Equivalent

Bacanora Minerals Ltd. is pleased to announce the completion and filing of an NI 43-101 Technical Report in respect of its Sonora Lithium Project in Sonora, Mexico with a total inferred resource of 43,324,000 tonnes bearing an average grade of 3,005 Li ppm or 1.6% Lithium Carbonate Equivalent (“LCE”) for 712,000 tonnes of LCE(1).

Cayden Resources Provides Updates on Mexican Projects

Cayden Resources Inc. is pleased to announce that it has received additional soil and rock results from the eastern part of the La Magnetita gold anomaly located at the Morelos Sur project, Guerrero State, Mexico. These results have significantly increased the size of the +100 ppb Au-in-soil anomaly (now over 5.4 km X 5.4 km from a previous extent of 5.0 X 3.7 km). The large anomaly now shows an impressive 2km square area with mostly +0.5 g/t Au-in-soils (see map on website).

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