Southern Silver Exploration Corp. ("Southern Silver") reported today that Electrum Global Holdings L.P. ("Electrum") has provided an additional tranche of funds to Southern Silver as operator and now has contributed a total of US$2.0 million and earned-in for an indirect 30% interest in the Cerro Las Minitas project in Durango, Mexico.
Magellan Gold Corporation is pleased to announce geochemical results from sampling at its 100% controlled Silver District Project located in La Paz County, southwest Arizona.
Eurasian Minerals Inc. is pleased to announce that it has regained 100% control of the Akarca gold-silver project in Turkey. EMX had an agreement with Çolakoglu Ticari Yatirim A.S., a privately owned Turkish company, for an option to acquire EMX's 100% owned subsidiary, AES Madencilik A.S., a Turkish corporation that controls the Property.
Cyprium Mining Corporation is pleased to announce that it has closed the acquisition of a 53% controlling interest in a joint venture (the "Joint Venture") which owns: (i) the exclusive exploitation and exploration rights of the Potosi silver mine located in the historic silver rich mining district of Santa Eulalia in Mexico; (ii) the exclusive rights of possession, usage and operations to the San Guillermo processing facility which is located seven kilometers from the Potosi silver mine; as well as (iii) all of the exclusive exploration and exploitation rights to a property adjacent to the south of the Potosi silver mine known as La Chinche (collectively the "Joint Venture Assets").
Itronics Inc. a diversified fertilizer, silver, and mineral producer, today announced that it has been awarded the "Manufacturing Excellence Award" from the Economic Development Authority of Western Nevada.
Viscount Mining Corp., is pleased to confirm that Phase 1 drilling has commenced at its flagship Cherry Creek Nevada Property, which is currently being managed and funded by Summit Mining Exploration Inc., a wholly-owned US subsidiary of Sumitomo Corporation, under the Exploration-Earn In Agreement.
Teck Resources Limited ("Teck") announced today that it and a subsidiary have entered into a long-term streaming agreement with a subsidiary of Franco-Nevada Corporation ("Franco-Nevada") linked to production at the Antamina mine. Teck holds a 22.5% interest in Compañía Minera Antamina S.A. ("CMA") which owns and operates Antamina.
Troymet Exploration Corp. ("Troymet") is pleased to update progress on its exploration program on the Redhill copper-gold-zinc-silver volcanogenic massive sulphide ("VMS") project in British Columbia. Troymet retained Frontier Geosciences Inc. of Vancouver to review the results of a Transient EM (TEM) survey conducted on the Alpha zone in 2005.
Anthem United Inc. ("Anthem" or the "Company") is pleased to announce first production of gold and silver doré from its gold milling operation in Peru (the "Koricancha Mill") as well as provide an update of commissioning activities at the Koricancha Mill.
Franco-Nevada Corporation has agreed to acquire a silver stream on production from the Antamina mine ("Antamina") in Peru from Teck Resources Limited ("Teck"). Teck owns a 22.50% interest in Compania Miñera Antamina S.A. ("CMA"), the Antamina joint venture company, along with partners BHP Billiton Plc (33.75%), Glencore Plc (33.75%) and Mitsubishi Corporation (10.00%).
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