Southern Silver Exploration Corp. reported today that new assays from 2011 drilling have identified silver-enriched high-grade polymetallic mineralization in two separate target areas on the Cerro Las Minitas project, located in Durango State, Mexico.
Vancouver, British Columbia – Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR) today announced its financial results for the three and six months ended December 31, 2011. All amounts in this news release are in Canadian dollars. The operating results were prepared in accordance with International Financial Reporting Standards (IFRS). Kimbers condensed consolidated interim financial statements and managements discussion & analysis for the three and six months ended December 31, 2011 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.
TORONTO, ONTARIO–(Marketwire – Feb. 14, 2012) – Soltoro Ltd. (TSX VENTURE:SOL) In 2011, exploration and financing efforts met with success. Highlights included:
— Completion of a 13,400 metre diamond drill program at the El Rayo primary silver project which included the discovery of the Soledad near surface high-grade silver deposit. Soledad drilling in hole Ray11-60 returned 7m of 1,010 gpt Ag with 6.9m of 527 gpt Ag further down hole. Step out drill results at Soledad included 43.7 metres of 300 gpt Ag in hole Ray11-66 and 62m of 182 gpt Ag in hole Ray11-81.
Lone Star Gold, Inc. announced yesterday that they plan to begin initial shipments of tailings from their San Antonio del Potrero project for processing one week ahead of schedule. The company has also announced that unofficial results of samples of ore from the project show higher than reported amount of minerals (Gold, Silver, Lead and Zinc).
For the Huichol Indians, the desert mountains here are sacred, a cosmic portal with major mojo, where shamans collect the peyote that fuels the waking dreams that hold the universe together. For a Canadian mining company, these same hills look like a billion dollars worth of buried silver.
United States Antimony Corporation reported that the flotation mill in Guanajuato, Mexico is now operating on feed from the Soyatal District containing 5-6% antimony. Initial concentrates assayed 66% antimony.
Candente Gold Corp is pleased to announce that additional gold and silver mineralization has been intersected well below the historical workings of the San Rafael Vein on the El Oro gold project, Mexico. Drilling by Candente has now shown that the San Rafael Vein extends over a minimum of 3.5 kilometres in strike length and 500 meters vertical.
Westridge Resources Inc. announces a diamond drill program has commenced on its Charay Project in western Mexico. Westridge Resources has contracted Major Drilling Group International to undertake a 2,000 meter core drilling program.
Vancouver, BC – February 14, 2012 – Corex Gold Corp. (the “Company”) further to its news release of January 20, 2012 is pleased to advise it has received TSX Venture Exchange (“Exchange”) approval on the Amendment Agreement for the acquisition of the Hilda 35 Fraccion 1 mining concession.
The key terms of the Amending Agreement, and exercise of the Final Contract include:
US$150,000 to be paid on or before December 9, 2011 (paid); and
US$569,000 to be paid on or before January 23, 2012 (paid).
Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10.
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