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Excellon Updates Progress on La Platosa Property

Excellon Resources Inc. (TSX:EXN), Mexico's highest grade silver producer, is pleased to provide an update on the status of its agrarian legal suit against the Ejido La Sierrita, which was filed in August 2012. Excellon sued the Ejido to terminate the surface rights agreement in respect of the surface rights to 1,100 hectares of exploration ground west of the La Platosa Mine and for various damages relating to the illegal blockade of the mine last year.


Brixton Metals Receives Additional Strategic Investment from Hecla Mining

Brixton Metals Corporation (TSXV: BBB) announces that Hecla Mining Company is exercising its pre-emptive right to maintain its pro-rata interest in the Company pursuant to the terms of an ancillary rights agreement between Brixton and Hecla dated February 26, 2013. As a result, a wholly-owned subsidiary of Hecla will subscribe for 1,700,000 common shares of Brixton at a price of $0.18 per Share and 450,000 Shares at a price of $0.16 per Share for aggregate gross proceeds of approximately $378,000. On closing, Hecla will own approximately 19.8% of the Company’s issued and outstanding common shares.


Lincoln Mining Announces Settlement With Elgin Mining

Lincoln Mining Corporation, TSX-V: LMG announces that further to the Company’s news release of September 14, 2012 reporting the arbitration of the Letter Agreement of March 31, 2011 with Elgin Mining Inc., Elgin and Lincoln (the ”Parties) have signed a full and final Settlement Agreement. 


Outotec: January-March 2013 Interim Report

  • Order intake: EUR 491.1 (425.4) million, +15% 
  • Order backlog: EUR 1,938.9 (1,991.8) million, -3% 
  • Sales: EUR 502.9 (410.4) million, +23% 
  • Services sales: EUR 103.8 (89.5) million, +16% 
  • Operating profit from business operations1): EUR 35.0 (30.6) million, +14% 

Maya Gold & Silver Updates on Share Exchange with Praetorian Resources Limited and Glowat Royalty

Maya Gold & Silver Inc. (TSX VENTURE:MYA) announces that it has obtained the conditional approval of the TSX Venture Exchange for the issuance of 3,500,000 common share purchase warrants of Maya to Praetorian Resources Limited in order to complete the share exchange concluded between Maya and Praetorian on July 12, 2012 and for the payment to Global Works, Assistance and Trading S.A.R.L. (“Glowat”) a royalty equal to 5% of the gross revenues generated from the Zgounder silver mine, less mining and milling costs.


Silver Bull Significantly Increases the Size and Grade of the Silver Resource to 167.5 Million Ounces of Indicated Silver at a 72.5G/T Average Grade at the Sierra Mojada Project, Coahuila

Silver Bull Resources, Inc. (TSX: SVB, NYSE MKT: SVBL) ("Silver Bull") is pleased to provide the results that will be reported in the updated NI43-101 Technical Report ("the Technical Report") currently being completed by JDS Energy & Mining Inc. ("JDS") on the silver and zinc mineralization of the "Shallow Silver" and "Zinc" Zones at the Sierra Mojada Project in Coahuila, Mexico. Highlights at various cutoff grades for the silver include;

  • An Indicated silver resource of 71.9 million tonnes at an average grade of 72.5g/t silver totaling 167.5 million troy ounces of silver at a 25g/t silver cutoff grade.
  • An Indicated silver resource of 40.75 million tonnes at an average grade of 102.2g/t silver totaling 134.0 million troy ounces of silver at a 45g/t silver cutoff grade.
  • An Indicated silver resource of 20 million tonnes at an average grade of 147.8g/t silver totaling 94.0 million troy ounces of silver at a 80g/t silver cutoff grade.
  • An Indicated zinc resource of 2.19 billion pounds of zinc at an average grade of 1.38%.
  • An Inferred lead resource of 538 million pounds at an average grade of 0.34%.
  • An Inferred copper resource of 126 million pounds at an average grade of 0.08%.
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