Month: April 2013

First Majestic Receives Positive Judgment for US$89.6 in Court Litigation

First Majestic Silver Corp. is pleased to announce that on April 24, 2013, after a lengthy trial, the Supreme Court of British Columbia ruled in favour of First Majestic with respect to the previously reported litigation against Hector Davila Santos ( not related to the Company’s Chief Operating Officer, Ramon Davila) and Minera Arroyo Del Agua, S.A. de C.V. (which subsequently became Minerales y Minas Mexicana, S.A. de C.V.).

Coeur Receives Socially Responsible Business Distinction Award in Mexico

Coeur d’Alene Mines Corporation announced that its Mexican subsidiary Coeur Mexicana was recognized with the Socially Responsible Business Distinction Award for 2012 (“Distintivo Empresa Socialmente Responsable 2012”) for its Palmarejo silver-gold mine operation in Chihuahua, Mexico.

Diamond Drill Program Underway At Camino Minerals Corporation’s El Secreto Gold And Silver Project

Camino Minerals Corporation is pleased to announce that diamond drilling has commenced at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico. Camino’s 3,000 metre diamond drill program will test nine different exploration targets within an extensive vein field that is over 60 square kilometres in size. Three of these targets were drilled by the Company in an earlier reverse circulation program with the remainder being new exploration targets that have never been tested before.

Defiance Silver Announces $0.50 Million Private Placement

Defiance Silver Corp is pleased to announce a non-brokered private placement of up to 3,333,400 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $500,000. The Offering is subject to an overallotment option whereby the Company may increase the Offering by up to 50% depending on market demand.

Sierra Metals Announces Pre-Feasibility Study To Provide Supporting Details For The Bolivar Mine, Mexico (Revised)

Sierra Metals Inc., previously Dia Bras Exploration, is pleased to provide this revised news release which includes additional supporting details on the pre-feasibility study completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico announced on April 17, 2013. The study, mine plan and reserve estimate are based on Gustavson’s work and mine plan.

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