SilverCrest Announces Updated La Joya Resources
SilverCrest Mines Inc. is pleased to announce an updated resource estimation for the La Joya Property in Durango, Mexico.
SilverCrest Mines Inc. is pleased to announce an updated resource estimation for the La Joya Property in Durango, Mexico.
Citation Resources Inc. is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico’s prolific Guerrero Gold Belt.
Last week, First Majestic Silver (TSX:FR,NYSE:AG) announced initial production from its Del Toro mine in Zacatecas, Mexico. This year, the company projects production of 11.1 to 11.7 million ounces. Of that amount, Del Toro is expected to contribute about 2 million ounces. The opening of Del Toro is yet another step toward the companys goal of becoming a senior producer.
Avino Silver & Gold Mines Ltd. is pleased to provide the following update of activities at its San Gonzalo Mine 80 km North East of Durango, Mexico.
Gold producer Agnico-Eagle Limited announced that it has selected Q9 Networks to deliver high availability co-location services in support of its critical IT systems. These co-location services will be crucial for a new hybrid cloud solution, especially designed for Agnico-Eagles IT systems such as ERP, financial and web-based applications.
Highvista Gold Inc. is pleased to report that it closed a private placement financing for gross proceeds of $746,000 through the issuance of 3,820,000 units of the Company at a price of $0.20 per unit. Each unit consists of one common share of the Company and one common share purchase warrant entitling the holder to purchase one common share at an exercise price of $0.25 per share until January 25, 2015. In connection with the private placement, the Company paid a cash commission of $20,000 and issued non-transferable compensation warrants entitling the holder to subscribe for an aggregate of 100,000 common shares at a price of $0.20 per share until January 25, 2015. The securities comprising the units and underlying the broker warrants are subject to a statutory hold period that will expire on May 26, 2013.
Prospero Silver Corp. is pleased to announce the results of a further 487 soil samples obtained in the Petate East sector of it’s 6,000 hectare El Petate project. The grid is in addition to the rock chip assays from the previously reported Petate West (Apartadero) zone and was carried out over the Petate #1, #2, #3, and #4 target areas over a total length of 2 km as shown in Figures 1 to 4. The eastern sector demonstrates proportionately high silver values than Apartadero.
Goldgroup Mining Inc. is pleased to announce that it has entered into a binding agreement with Oroco Resource Corp. whereby Goldgroup will acquire 100% interest in Oroco’s Cerro Prieto Project in Sonora State, Mexico for an initial cash payment of US$4.5 million, US$1 million private placement of units in Oroco and up to an additional US$13.5 million in payments made from future gold produced at the Properties, subject to receipt of regulatory and Oroco shareholder approvals.
Oroco Resource Corp is pleased to announce that it has entered into a binding agreement with Goldgroup Mining Inc. pursuant to which Oroco will sell to Goldgroup a 100% interest in Minas de Oroco Resources, S.A. de C.V., Oroco’s Mexican subsidiary which holds a 100% interest in the Company’s Cerro Prieto Project in Sonora State, Mexico.
Berkwood Resources Ltd. is pleased to announce the engagement of Strike Communications Inc. to perform corporate advisory and investor relations services for the Company, effective November 1, 2012 for an initial period of six months, subject to TSX Venture Exchange approval. Strike will assist with the creation, coordination and implementation of the Company’s targeted objectives with respect to corporate development, producing and distributing effective marketing communication tools, and increasing investor awareness while introducing the Company to private investors, analysts, brokers, money managers, newsletter writers and other financial professionals. The agreement with Strike is subject to TSX Venture Exchange approval.
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