Archive for November, 2009

Excalibur Resources closes second tranche

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) today reported that the company has closed the second tranche of a non-brokered private placement announced October 5, 2009 and issued an additional 18,000,000 shares at $0.01 per share for proceeds of $180,000. The press release is quoted as saying: Of the total gross proceeds of $700,000 raised, $431,500 will [...]

Silver Standard Resources sales

Silver Standard Resources Inc. (TSX:SSO)(NASDAQ:SSRI) today announced the sale of its MAV II Class A-1 and A-2 Notes. The press release is quoted as saying: The carrying value of Silver Standard’s MAV II Class A-1, A-2, B, C and IA Tracking Notes as at September 30, 2009, was approximately US$24.9 million. The company continues to [...]

Vena Resources to start work at Esquilache property

Vena Resources Inc. (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R) today announced that a 3,000 meter drill program will commence on the Esquilache polymetallic property before the end of November. The press release is quoted as saying: Although Esquilache is known principally as a high-grade silver producer, mineralization is polymetallic with important values in lead, zinc, copper and gold. Recent studies [...]

Valley High Reports Results From Cordero Project

Valley High Ventures Ltd. (TSX VENTURE:VHV) today released the results from the remaining three holes drilled during the initial diamond drill program at the Cordero silver, gold, zinc, lead, porphyry district. This site is located 35 kilometres northeast of Hidalgo Del Parral, Chihuahua, Mexico. The press release is quoted as saying: Valley High Ventures Ltd. [...]

United Mines starts Trading on the OTC Bulletin Board

United Mines, Inc. (OTCBB: UNMN)today announced that the company recently began trading on the OTC Bulletin Board under the symbol “UNMN.” The press release is quoted as saying: The Company owns silver, gold and copper exploration projects in Arizona, U.S.A. The primary silver exploration and development project is known as The Cerro Colorado Silver Mining [...]

Maya Gold & Silver update

MAYA GOLD & SILVER (TSX VENTURE:MYA)today announced the Company’s first drilling results on the company’s Amizmiz gold and silver project in Morocco. The press release is quoted as saying: Maya Gold & Silver Inc. is a Canadian mining company newly listed on the TSX Venture Exchange which focuses on the research of gold and silver [...]

Southern Silver Announces Private Placement

Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) today announced that the company plans to issue up to 15 million common shares in a non-brokered unit private placement at a price of C$0.10 per unit to raise C$1,500,000. The press release is quoted as saying: Southern Silver Exploration Corp. is focused on the exploration and development of [...]

Silver value highest since July, 2008

On Monday, Silver ranged from $18.525 to $18.935. This was highest price since July 2008. The news release is quoted as saying: December silver SIZ9 ends up 17 cents at $18.610 an ounce, tracking gold’s rally. Click here to access the entire news release

Wildcat Silver’s drill result report

Wildcat Silver Corporation (TSX VENTURE:WS) reported drill results for nine step out holes drilled on the company’s 80%-owned Hardshell property in southern Arizona. The press release is quoted as saying: Wildcat is a Canadian mineral exploration company focused on development of the Hardshell project in Santa Cruz County, Arizona. The Hardshell property is held by [...]

Donner Metals feasibility report on Bracemac-McLeod Deposit

Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M) announced new results from the feasibility definition drill program on the Bracemac-McLeod Deposit and an expanded winter drill program for exploration of the Matagami Camp. The press release is quoted as saying: The joint Xstrata Zinc/Donner management committee for exploration of the Matagami Camp has approved an expanded program and [...]