Colibri Resource Corporation is pleased to announce that it has entered into an option agreement dated December 20, 2012 for the acquisition of two additional mining claims located within the Company’s Ramard concessions in Sonora, Mexico. The two claims are called “Picacho” and “El Dorado”, and are 60 and 64 hectares in size, respectively.
SilverCrest Mines Inc. is pleased to announce the results of an additional 15 holes (LJ DD12-90 to LJ DD12-104) of the Phase II drill program at its La Joya Property in Durango, Mexico. These are the final results for the Phase II drilling program. Phase II drilling results reported to date have extended the Main Mineralized Trend beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.
Santacruz Silver Mining Ltd. is pleased to announce the completion of an updated NI 43-101 mineral resource estimate on its Rosario Project in the Charcas Mining District, San Luis Potosi, Mexico. The mineral resource estimate was completed by Gustavson Associates, LLC, of Lakewood, Colorado. The measured and indicated silver equivalent resource amounts to 10.2 million AgEq ounces while the inferred resources stand at 2.5 million AgEq ounces. The initial resource estimate at the Rosario Project included only inferred resources and subsequent exploration work performed at the property by Santacruz has successfully upgraded 86% of these inferred resources to measured and indicated.
Coeur d’Alene Mines Corporation could be moving its headquarters to Chicago, a company spokesperson confirmed on Thursday.
Mercator Minerals Ltd., further to the Company’s September 28, 2012 press release, is pleased to announce that it has executed an agreement with RMB Australia Holdings Limited (“RMB”) for a $30 million corporate debt facility arranged by RMB Resources Inc., a resource financing division of the FirstRand Group of South Africa. The Company has drawn down $27.3 million of the Facility. The remainder of the Facility will be available to Mercator once certain security is registered in Mexico.
Unmined Section Yields Average of 6.2g/t Gold Eq. over 1.8m Width for 81m Strike of Level 1 of Hilos
Cerro Resources NL today announces that it has entered into a definitive agreement with Primero Mining Corp. aimed at progressing the planned Cerro del Gallo gold/silver heap leach mine in Mexico, under which:
Forecast Production of 85 Million Pounds of Copper in Concentrates (All amounts in US$ unless otherwise specified)
Pan American Goldfields Ltd. is pleased to announce new record production results for the month of November, 2012 at its 80% owned Cieneguita project, Chihuahua, Mexico.
Yale Resources Ltd. is pleased to provide a summary of its activities in 2012 and give an overview of its plans for 2013.
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