A day after announcing it achieved record earnings in 2012, Endeavour Silver inked a deal to sell bonus concentrate from its over-achieving Bolanitos mine to local Mexican smelters in a move that positions the producer to outperform its production guidance for 2013.
Southern Silver Exploration Corp. reported that at its annual general meeting held on March 13, 2013 the following directors were re-elected: Lawrence Page, Q.C., Scott Hean, Terrence Eyton, D. Roger Scammell, Dale Janowsky and Nazlin Rahemtulla. The following officers were re-appointed subsequent to the annual general meeting: Lawrence Page, Q.C. as President, Mahesh Liyanage as Chief Financial Officer, and Arie Page as Corporate Secretary.
Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to report that, to date, the Company has received subscriptions for 4,250,000 units ($170,000) representing 68% of the maximum amount of the private placement financing of 6,250,000 units ($250,000) under terms as news released on January 29, 2013. The subscriptions include 1,050,000 units ($42,000) from Directors and Senior Officers of the Company. This represents 24.7% of subscriptions which is within the maximum limit of 25% allowed from insiders under the TSX Venture Exchange guidelines for financings under the temporary relief measures.
SilverCrest Mines Inc. is pleased to announce its audited consolidated financial results for the year and fourth quarter ended December 31, 2012 (all figures in U.S. dollars unless otherwise specified). The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2012 and associated management discussion and analysis which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
Sundance Minerals Ltd. is pleased to announce that it has entered into an option agreement with Inmet Mining Corporation whereby Inmet can earn up to a 70% interest in the Los Tamales Copper-Moly Property. The Property is located in the premier copper producing state in Mexico, Sonora.
Bearing Resources Ltd. is pleased to announce that further to the news release dated November 28, 2012 that the Company has signed a Definitive Agreement with Patriot Minefinders Ltd whereby Patriot may earn up to a 75% interest in the 13,400 hectare Kilometer 66 (“KM66”, also known as Mapimi) silver-gold-lead-zinc property located in Durango, Mexico. Additional the company provides an update on the VF property option with Aben Resources Ltd. in the Yukon.
IMPACT Silver Corp. is pleased to announce the start of preliminary operations at its second production centre in Mexico, the new Capire Production Centre. The open-pit Capire mine and pilot processing operation is located in northern Guerrero State in south-central Mexico. Construction of the 200 tpd pilot plant is now complete and first concentrate shipments are expected within the second quarter of 2013.
Silver Bull Resources, Inc. is pleased to announce that the underground drill program conducted between July 2012 and December 2012 which twinned a series of historical “long hole” drill holes at the eastern end of the “Shallow Silver Zone” and “Zinc Zone” has successfully shown the historical long hole data set is a fair representation of the grade and width of the silver and zinc mineralization in this area. The high correlation between the historical long hole data set and Silver Bull’s recently completed core twinning holes means that over 39,000 meters of historical drilling focused in mainly high grade silver and zinc mineralization will now have a more significant influence in any resource calculation at Sierra Mojada.
Avino Silver & Gold Mines Ltd. (ASM.V) reported February 2013 production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico.
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