Day: May 2, 2013

First Majestic Silver Corp. is pleased to announce that the expansion that commenced at the La Guitarra Silver Mine in November 2012 is now complete. The processing plant’s capacity increased by 40% to 500 tpd from 350 tpd and commercial production is expected to reach 500 tpd during the month of May.

International Northair Mines Ltd. is pleased to announce that Focus Ventures Ltd. has reported to Northair that a drill program has commenced at the Company’s El Reventon silver-gold property, located in the State of Durango, Mexico.

Bearing Resources Ltd. wishes to announce that further to the news releases dated November 28, 2012 and March 14th, 2013, that the Company’s agreement with Patriot Minefinders Ltd whereby Patriot could earn up to a 75% interest in the 13,400 hectare Kilometer 66 property located in Durango, Mexico has terminated. In addition the company has elected to terminate its underlying option agreement with the Mexican vendors as originally announced on March 12th 2012.

United States Antimony Corporation reported the start up of an antimony oxide mineral circuit at its Puerto Blanco antimony flotation mill located in Guanajuato, Mexico which increases its milling capacity from 150 tons per day to 225 tons per day. With the exception of USAC’s Los Juarez property, most antimony properties in Mexico contain oxide or mixed oxide-sulfide minerals. The sulfide minerals are recovered by flotation, but the oxide minerals must be recovered by gravimetric methods.