Day: April 19, 2012

Ground Magnetic Survey of Western Lineament Zone at Santa Maria Del Oro Suggests Structural Similarities with Nearby Historic Mines

Prospero Silver Corp. is pleased to announce completion of a detailed ground magnetic survey on two of its claims over an area of approximately 9km x 9km in the “Western Lineament” zone of its Santa Maria del Oro Project in Durango State, Mexico. Prospero controls 33,800 Ha in the district and has identified three distinct target areas: The Western Lineament zone, the Matorral zone, and the Pastoria-Llanos de Cabrera valley. Collectively, these target areas virtually surround the past-producing Magistral del Oro high-grade gold mines (refer to Figure 1). The survey addressed in this news release focuses on the Western Lineament zone.

Yale and Overlord Finalize Orofino Option — Work to Commence Shortly

Yale Resources Ltd. is pleased to report that it has received $50,000 and 50,000 common shares from Overlord Capital Ltd. as the initial commitment for the recently finalized option of an up to 70% interest in Yale’s wholly owned Orofino Property located in Sonora State, Mexico. The transaction is Overlord’s “Qualifying Transaction”. Yale will be the initial operator and will manage the exploration on the property.

Camino Begins Soil Sampling Program at El Secreto Gold, Silver and Copper Project

Camino Minerals Corporation is pleased to announce that a soil geochemical survey is currently underway at the recently optioned El Secreto Gold, Silver and Copper Project (“El Secreto” or the “Project”), located Sinaloa State, Mexico. Over 1,260 samples will be taken in an area approximately 9,000 hectares (34 square miles) in size. The survey is expected to take three months to complete.

All News