Month: January 2013

Pan American Goldfields Ltd. acknowledges its receipt of Mr. Emilio Alvarez’s recent Delaware lawsuit which seeks to force the Company to hold an immediate Annual Meeting of Shareholders. The Company is disappointed and confused by Mr. Alvarez’s actions. Mr. Alvarez is a partner of Mr. Bruno Le Barber, a director of the Company. Messrs. LeBarber and Alvarez were both notified in writing on October 25, 2012 (more than two months prior to the filing of the Delaware lawsuit) of the Company’s intention to hold an Annual Meeting in June 2013 following the filing of its Annual Report on Form 10-K for its fiscal year ending February 28, 2013. The Company has formally selected June 28, 2013 as the date of its Annual Meeting, and will petition the Delaware court to allow the Company to hold the Annual Meeting on this date.

San Marco Resources Inc. has received the preliminary results of a petrographic study completed on a large 1 meter x 2.5 meter panel sample taken from the old Tompiate underground workings (100 meters below surface) on the Angeles property in Sonora State, Mexico.

Aurizon Mines Ltd. acknowledges the announcement made on January 14, 2013 by Alamos Gold Incorporated of its commencement of an unsolicited bid for all of the issued and outstanding shares of Aurizon that it currently does not own.

McEwen Mining Inc. is pleased to announce the results of its first year of production and for its Fourth Quarter 2012. For the full-year 2012, the Company produced 105,050 gold eq. oz (48,876 gold oz and 2,921,242 silver oz) and in Q4 produced 32,220 gold eq. oz (17,578 gold oz and 761,377 silver oz). Silver production has been converted into gold equivalent ounces (gold eq. oz) based on a 52:1 ratio.

Minera Frisco, a través de su subsidiaria Minera Espejeras, presentó el Manifiesto de Impacto Ambiental (MIA), requerido por la Secretaría de Medio Ambiente y Recursos Naturales (Semarnat), para reactivar el trámite de autorización de los trabajos de exploración en yacimientos de oro en el municipio de Tetela de Ocampo.