Kootenay Silver Inc. As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosures regarding its Promontorio Silver Project and the La Negra Project, located in Sonora, Mexico.
Canasil Resources Inc. announces that MAG Silver Corp. has started the Phase 1 drill program at Canasil’s Salamandra silver-copper-lead-zinc project in Durango State, Mexico. The planned program includes a minimum of 3,000 meters of diamond drilling as part of the CAD$ 1,000,000 first year exploration expenditures required by May 2014 under an option agreement for MAG to earn up to a 70% interest in the Salamandra project.
Sierra Iron Ore Corporation is pleased to announce that it has made significant advancements to support the Company’s plan for an exploration/development field work program on the the Mazomique iron ore property. The Mazomique property is the Company’s 2(nd) prospective optioned iron ore property that is expected to be in development. The Company’s El Creston property recently received final permit approval to start major construction.
Rare Earth Minerals PLC announces that it has received analytical results for the first 6 holes of the second phase of diamond drilling (Stage 2 Programme) on the El Sauz and Fleur Lithium concessions in northern Mexico.
Starcore International Mines Ltd. has filed the results for the first quarter ended October 31, 2013 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.
Big North Graphite Corp. announces that the Company sold 125 tons of amorphous graphite to a customer within Mexico in the month of November, with the graphite screened to a 3/4 minus product at the Company’s processing facility located in Sonora, Mexico. Further, the Company has now stockpiled over 500 tons of amorphous graphite in preparation for expanding its sales.
Garibaldi Resources Corp. is pleased to report that exploration carried out by the Company has returned strong gold values from channel sampling at its recently acquired La Patilla Property, and a drill program is ready to begin. These results include separate sample intervals grading 28.4 g/t Au over 1.3 meters, 7.5 g/t Au over 6.4 m, 6.2 g/t Au over 3.3 m, and 5.8 g/t Au over 7.9 m at the Murcielago breccia, and 13.5 g/t Au over 1.3 m at the La Patilla vein system contiguous to the southeast (sample widths are estimated true widths).
It’s been a rough few weeks for Goldcorp, suffering as it has setback after setback to operations throughout the Western hemisphere, and now investors can add two more to the list: the threat of a lawsuit over its Penasquito mine in Mexico and a multimillion dollar fine for health and safety violations at its Cerro Negro project in Santa Cruz.
San Marco Resources Inc. announces that, in accordance with its Stock Option Plan, it granted, on December 9, 2013, stock options to purchase 2,100,000 common shares of the Company to its directors and officers. The options are exercisable for a period of 5 years at a price of $0.10 per share.
Animas Resources Ltd. is responding to the announcement this morning by Marlin Gold Mining Ltd. that it intends to make an offer to acquire all of the outstanding common shares of Animas at $0.10 per share. It should be noted that Marlin’s press release does not constitute a formal offer and until such time as a takeover bid circular is prepared and mailed to shareholders, there is no offer.
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