Month: March 2013

MacMillan Update on Private Placement Financing

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 Announces 2012 Financial Results

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.

Silver Bull Confirms the Success of the Long Hole Twinning Drill Program on the Sierra Mojada Project, Coahuila, Mexico

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.

IMPACT Silver Corp. Announces Commissioning of the new Capire Production Centre in Mexico

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.

Bearing Resources Provides Update on KM66 Project, Durango, Mexico

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.

Vista Gold Corp. Announces 2012 Results and Provides Update on Recent Activities

Vista Gold Corp. today announced its audited financial results and highlights for the fiscal year ended December 31, 2012. Management’s quarterly conference call to discuss these results is scheduled for 2:30 p.m. MDT on March 14, 2013. The Company’s full audited financial statements, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

Gold Resource Corporation Acquires Two Properties Further Consolidating Mineralized Trend

Gold Resource Corporation today announced the acquisition of two gold and silver properties in Oaxaca, Mexico from Almaden Minerals. Both properties are located along the mineralized trend and geologic structural corridor running north 70 west of which the Company has land concessions approximately 48 kilometers along strike. In addition to adding these two new properties, the Company has terminated its lease on the Solaga property located north of its El Aguila Project in Oaxaca. 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.

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