Day: January 25, 2013

Westridge Resources Cancels Jazzy Claims Option

Musgrove Minerals Corp. announces that Westridge Resources has canceled the Jazzy claims option agreement for the project in Sinaloa, Mexico originally announced on October 3, 2012.

Sierra Metals Announces Update On Litigation With Polo Y Ron Minerals

Sierra Metals Inc. reports that the State Court of Chihuahua, Mexico has overturned a previously announced resolution of the 8th Civil Court of the Judicial District of Morelos in Chihuahua (the ¡°8th Civil Court¡±), which absolved the Company from the claims brought against it by Polo y Ron Minerals, S.A. de C.V. The State Court has ordered the Company to: (i) transfer 17 mining concessions relating to its Bolivar project to P&R; and (ii) pay USD$422,674 to P&R.

Patriot Minefinders Appoints Mr. John LaGourgue to Board of Directors

Patriot Minefinders (Patriot) is pleased to announce theappointment of Mr. John LaGourgue to the companys Board ofDirectors, effective Jan 22, 2013. Patriots current board ofdirectors is comprised of Fred Tejada, Fred Sveinson, JohnSchweitzer, Justin Blanchet, Michael Hofer, Perparim Alikaj andJohn LaGourgue.

Bacanora Announces Preliminary Economic Assessment for La Ventana Lithium Deposit Estimated at U.S.$848 Million NPV (@8% Discount), Including Additional 16.8M Tonne Lithium Resource Estimate

Bacanora Minerals Ltd. is pleased to announce the results of a positive Preliminary Economic Assessment on the Company’s La Ventana Lithium Deposit in Sonora, Mexico. In addition, Company announces the disclosure of new inferred lithium resources, which are estimated at 16,829,000 tonnes averaging 2,557 ppm Li (1.3% Lithium Carbonate Equivalent, “LCE”(1)), bringing the total for estimated inferred resources for the Project to 60 million tonnes averaging 3,000 ppm Li (1.6% LCE or 930,000 tonnes LCE).

Camino Minerals Corporation Grants Stock Options

Camino Minerals Corporation reports that the Company has granted 1,540,000 incentive stock options to directors, officers, employees and consultants of the Company. The stock options are exercisable for a period of five years at an exercise price of $0.10 per share. The options were granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

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