Month: September 2012

Paget Minerals Options San Ricardo Gold-Silver Project, Sonora, Mexico

Paget Minerals Corp. announced today that it has entered into an option agreement with Sundance Minerals Ltd. whereby Paget can earn up to a 60% interest in the San Ricardo Gold-Silver Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico.

Selwyn Resources Announces Changes to its Board

Following the suspension of the strategic review process (September 6, 2012 news release), Selwyn has restructured its Board to reflect the mandate given to Harlan Meade to raise working capital to advance the Company’s business plan. Selwyn Resources Ltd. is pleased to announce that George Stevens, Lorne Anderson, and David Kwong have been appointed to the Board of Directors of Selwyn. Harlan Meade, Selwyn’s President and CEO, said, “I am pleased to welcome the new members to the Selwyn Board and look forward to working with them. Additional directors are expected to be added to the Board over the coming weeks as Selwyn completes the restructuring of the Board to better meet the needs of the Company as it seeks to advance its core mine development projects.”

Excellon reports end of La Platosa blockade

Excellon Resources Inc. is pleased to announce the ending of the illegal blockade at the Company’s La Platosa mine in the state of Durango, Mexico, which had been ongoing since July 8, 2012 by the Ejido la Sierrita with the assistance and funding of the non-governmental organization ProDESC and the Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, which is affiliated with the United Steelworkers.

McEwen Mining Announces Positive Feasibilty Study for El Gallo Phase II, Mexico

McEwen Mining Inc. is pleased to announce results of the Feasibility Study for its 100% owned El Gallo Phase II in Sinaloa, Mexico. The Feasibility Study was prepared by M3 Engineering, Independent Mining Consultants and SRK Consulting in accordance with the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.

San Marco Samples 8.46 g/t Gold; 43.0 g/t Silver; 1.2% Copper; 2.1% Lead and 0.32% Zinc at Angeles

San Marco Resources Inc. has received geochemical and geophysical results from continuing exploration at the Angeles property, Sonora State, Mexico. Underground workings, apparently 90 — 100 years old have been accessed, however most areas of previous mining activity have collapsed. At the end of one short inclined shaft, geologists were able to sample the mineralized structure (massive hematite with malachite and chrysocolla) approximately 70m below surface that was not mined in the past.

Endeavour Silver Provides El Cubo Capital Budget and Operational Update

Endeavour Silver Corp. announces that it has finalized the details of its capital investment programs for the El Cubo mine and plant for 2012 and 2013. The Company also provides an operational update on the progress to date of its initiatives to turn around the mine performance.

Allied Gold shares delisted

The Financial Services Authority has cancelled Allied Gold Mining from the Official List on the London Stock Exchange at the request of the company.

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.

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