Month: January 2013

Santacruz Silver Confirms Continuity of GSA vein and the Stockwork area at Gavilanes; Drilling Intersects 263 g/t Ag over 5.40 m, including 2,060 g/t Ag. over 0.20 m

Santacruz Silver Mining Ltd. announces that further to its press release of November 20, 2012 the Company has received results from 18 additional diamond drill holes as part of an ongoing 6,000 meter diamond drill program at its 100% owned Gavilanes Silver project in Durango, Mexico. The current drill program is designed to test three of seven known silver-bearing veins and a stockwork area within the 7,347 hectare property.

Cortez Appoints New CEO

Cortez Gold Corp. is pleased to announce the appointment of Jose Antonio Berlanga Balderas as Chief Executive Officer of the Company and a member of the Board of Directors.

Endeavour Silver Delivers 8th Consecutive Year of Production Growth in 2012; Silver Production Up 20% to 4,485,426 oz, Gold Output up 77% to 38,687 oz

Endeavour Silver Corp. announces that production rose for the 8th consecutive year in 2012. Consolidated silver and gold production from the Company’s three operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Bolanitos and newly acquired El Cubo Mines in Guanajuato State, established new records for both annual and quarterly production at the end of the Fourth Quarter, 2012.

Canasil Closes $1,060,750 Non-brokered Private Placement

Canasil Resources Inc. announces closing of the previously announced non-brokered private placement for gross proceeds of $1,060,750 as detailed below. A commission or finder’s fee will be paid with respect to part of this placement, which is subject to final approval by the TSX Venture Exchange.

Arianne to Change Name to Arianne Phosphate Inc. and Sell Non-Phosphate Assets

Arianne Resources Inc. announced today that it will seek shareholders’ approval to change its name to “Arianne Phosphate Inc.” at its next annual general meeting of shareholders in May, 2013 to recognize the focus of its activities on developing the world class Lac à Paul phosphate deposit. Such name change will also be subject to regulatory approval.

SilverCrest Expands Santa Elena Deposit; More High Grade Intercepts 13m @ 1.6 gpt Au and 324.8 gpt Ag Including 1m @ 5.1 Au and 2,840 gpt Ag

SilverCrest Mines Inc. is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Ninety four holes of a planned 100 holes have been completed to help re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. This drill program continues to be extremely successful with several recent holes identifying multiple bonanza grade intercepts and the new El Cholugo high grade gold and silver zone. All holes included in this program will assist with Resource confirmation and reclassification to be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.

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