Cardero Resource Corp. announces that Michael Hunter has resigned as the Chief Executive Officer and President, and as a director, of the Company, effective March 19, 2013. The Company would like to thank Michael for his service and significant contribution to the Company. The Board of Directors has appointed Hendrik van Alphen as the new Chief Executive Officer and President of the Company.
Minaurum Gold Inc. reports results from the final drill holes of Ocean Park Ventures’ 2012 drill program on Minaurum’s 100%-controlled Adelita Cu-Au-Ag Project in southern Sonora, Mexico. The 12,000-hectare project includes four identified copper-silver-gold skarn prospects and two porphyry-style prospects. The Adelita project lies 7 km east of Pan American Silver’s Alamo Dorado silver mine, and approximately 60 km southeast of Frontera Copper’s Piedras Verdes copper-porphyry mine.
Prospero Silver Corp. is pleased to announce that it has signed the definitive agreement with Silver Standard Resources Inc. for an option to joint venture Prospero’s San Luis del Cordero property in central Durango State, Mexico. The initial Letter of Intent with Silver Standard to Joint Venture Cordero was news released on September 17, 2012.
Silver Bull Resources has unveiled its updated resource estimate for its Sierra Mojada project in Mexico, saying it “significantly increased” both the size and grade of the silver resource.
Gold Resource Corporation announced Tuesday record mill production last year, and stood by its outlook for 2013, despite some challenges it experienced in 2012 with the first year of underground mining at its Arista deposit – part of its El Aguila mine in Mexico.
Bearing Resources Ltd. announces that its Board of Directors, subject to shareholder and TSX.V approval, has approved the re-pricing of a total of 2,135,000 options to purchase common shares to an amended exercise price of $0.15 per Option. The closing price of the Company’s common shares on the TSX.V on Friday, March 15, 2013, prior to the approval of the Re-Pricing, was $0.07. A total of 1,935,000 of the Options had been issued on July 12, 2011 with an original exercise price of $0.72. A further 200,000 Options had been issued on December 15, 2011 at an original exercise price of $0.38.
Gold Resource Corporation today announced the appointment of KPMG LLP as its independent auditors for the year ending December 31, 2013, replacing StarkSchenkein, LLP. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $75 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Geologix Explorations Inc. is pleased to announce the results of its Prefeasibility Study at its 100% owned Tepal Gold-Copper Project in Mexico.
Azure Minerals Limited is pleased to inform shareholders that the Company has sold two of its Mexican projects – the Estacion Llano and San Juan projects, located in the state of Sonora, Mexico for US$100,000.
San Marco Resources Inc. has completed a private placement with Exeter Resource Corporation of 1,562,500 shares at a price of $0.16 per share for proceeds of $250,000. The shares were issued at a 25% premium to the 20 day VWAP ending February 14th and are subject to restrictions on transfer until July 16, 2013.
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