Mercator Minerals Ltd is pleased to announce that production for the three months ended June 30, 2013 from its wholly-owned Mineral Park Mine was 22.7 million pounds of copper equivalent*, comprised of 9.9 million pounds of copper in concentrates and cathode copper, 2.8 million pounds of molybdenum and 155.2 thousand ounces of silver.
International Northair Mines Ltd. is pleased to announce that it intends to complete non-brokered private placements for proceeds of approximately C$1,500,000. Coeur Mining Inc. has entered into a letter of intent to purchase 9,600,000 common shares at a price of $0.14 and, in connection with this subscription to cancel all its outstanding warrants to acquire common shares of the Company.
Endeavour Silver Corp. announced today that it set new records for quarterly silver and gold production in the Second Quarter, 2013 from the Company’s three operating silver mines in Mexico, the Guanaceví Mine in Durango State and the Bolañitos and El Cubo Mines in Guanajuato State.
Orex Minerals Inc. is pleased to announce that the results from trench channel sampling along a 750 metres strike-length of Loma Verde and an 850 metres strike-length of Santo Niño structures have been received on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo plc, is managing the Coneto exploration program.
Levon Resources Ltd. is very pleased to announce that the Company has entered into an agreement to purchase a 100% interest in the Aida mining claim, located in a central part of the Cordero Project claim block. Acquisition of the Aida claim consolidates Levon’s 100% ownership of all mining claims in the Cordero mining district, and represents a significant step in the Company’s advancement of the Cordero Project. “We are very pleased that we were able to finalize a fair agreement on the Aida claim,” said Ron Tremblay, President and CEO of Levon.
First Majestic Silver Corp. is pleased to announce that total production at its five operating silver mines in Mexico for the second quarter ending June 30, 2013, reached a new quarterly record of 3,268,117 equivalent ounces of silver, representing a 55% increase compared to the same quarter in 2012.
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