Timmins Gold Corp. is pleased to report record production of 94,444 ounces of gold for 2012, which included production of 24,556 ounces of gold for its Q4 2012 fiscal quarter ended December 31, 2012. Timmins Gold also produced 56,252 ounces of silver during the year including 16,203 ounces of silver during the quarter.
Bacanora Minerals Ltd. announces the issuance of an aggregate of 192,000 common shares at a price of 0.25 per share to James Leahy, a director of the Corporation. The foregoing shares are being issued in payment of services rendered under a consulting agreement pursuant to which Mr. Leahy has provided various corporate financial advisory services to Bacanora. The foregoing consulting services have been recorded and disclosed in the Corporation’s most recent financial statements for the period ended September 30, 2012. The completion of this share issuance is subject to the approval of the TSX Venture Exchange. Upon issuance, the foregoing shares will be subject to a statutory four-month hold period in accordance with applicable securities laws.
Mercator Minerals Ltd. is pleased to announce its production results for the three months and year ended December 31, 2012, along with 2013 expectations for production, capital expenditures and average cash costs(ii) from its wholly-owned Mineral Park Mine in Arizona.
Capstone Mining Corp. today announced the operating results for the three and twelve months ended December 31, 2012 of its two operating mines, Cozamin and Minto. Combined production totalled 19.7 and 82.8 million pounds of copper in concentrates in the fourth quarter and full year 2012, respectively, with additional by-products of zinc, silver, gold and lead.
Silver Bull Resources, Inc. is pleased to provide 2012 year-end review and road map for the 2013 calendar year ahead. The Silver Bull management team is focused on advancing the company’s flagship Sierra Mojada silver-zinc project, located in the historic Sierra Mojada mining district in Coahuila State, northern Mexico.
Yamana Gold Inc. today provided preliminary operational results for Q4 and the full year 2012, and updated the Company’s outlook for 2013 – 2015.
NSX Silver Inc. is pleased to announce it has commenced a Phase 2 drilling program on the Dios Padre Silver Project in Mexico. The Dios Padre Project is located in the Eastern Sierra Madre Mountain range about midway between the cities of Hermosillo and Chihuahua, in east central Sonora. The Project is comprised of three contiguous exploitation concessions covering an area of 285 hectares which NSX Silver holds under option.
Victory Resources Corp. is pleased to provide a 2012 Summary update on the companies Mexican properties to date.
Tumi Resources Limited announces that it proposes to undertake a non-brokered private placement financing of up to 12,500,000 units at $0.05 per unit to raise gross proceeds of $625,000. Directors and Officers of the Company will be participating in the private placement financing. Each Unit will consist of one common share and one common share purchase warrant. Each Warrant will entitle holders to purchase one common share of the Company at a price of $0.10 per common share for a period of three years from closing of the private placement financing. The funds raised will be used to fund further work on the Company’s projects in Sweden and Mexico, and for general working capital purposes.
Mammoth Resources Corp. is pleased to report that following two tours by its geological team exploring the company’s Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico (refer to the company’s website www.mammothresources.ca, for a detailed location map), it has extended mapping and sampling of similarly altered felsic volcanics and breccia with numerous locations of vuggy silica to the northeast and south west of the area previously drilled by Masuparia Gold Corporation (Masuparia). The occurrence of these rock types, extending at least one kilometre to the northeast and one kilometre northwest are similar to those drilled by Masuparia in which it intersected up to 45 grams per gold per tonne (please refer to press release dated July 3, 2012 for the results of this work).
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