Kootenay Silver said Wednesday that Pinecrest Resources has started a phase I drilling program on Kootenay’s Espiritu gold-silver polymetallic project in Sonora, Mexico under a joint venture deal.
Scorpio Mining Corporation reports that production in the first quarter ended March 31, 2012 from the Nuestra Señora operation totalled 620,356 silver equivalent ounces.
McEwen Mining Inc. is pleased to announce production results for the First Quarter of 2012 from its 49% owned San Jose mine in Santa Cruz Province, Argentina. Production costs will be announced with the First Quarter financial results, which will be released in early May of 2012.
Baja Mining Corp. today announced that Gerald Prosalendis has resigned from the Board of Directors for personal and family reasons.
Starcore International Mines Ltd. is pleased to welcome Dr. Michael Gunning as a member of its Technical Advisory Board.
Stroud Resources Ltd. announced today that Herbert Gasser has resigned as a director of the Company. Stroud wishes to thank Mr. Gasser for his valuable contributions to the Company during his five years of service on the board. The Company has initiated a search for a new director to fill the vacancy created by Mr. Gasser’s resignation.
Bacanora Minerals Ltd. is pleased to report the final results obtained from its second round of drilling at its “Ventana” lithium property located in eastern Sonora, Mexico, which consisted of 1,465 metres in 8 NQ-Core holes. The Company is also pleased to announce the launch of the third round of drilling at its 100% owned “Ventana” and “El Sauz” properties.
Westminster Resources Ltd. has closed an agreement with Capstone Mining Corp. originally announced on February 9, 2012 (see NR #WMR 12-01) whereby the Company has granted Capstone an option to acquire up to a 70% interest in the Cumbral-San Bartolo prospect area of the El Cobre property through staged exploration expenditures totaling $9.3 million by December 31, 2015, and delivering a scoping study by June 30, 2016.
Colibri Resource Corporation is pleased to update exploration activities at the Ramard property near the town of Carbo and at the Colibri project located approximately 40 kilometers north of the city of Caborca in northern Sonora, Mexico.
Southridge Enterprises Inc. is pleased to announce potential asset value in excess of twelve million dollars ($12,000,000USD) from the processing of approximately 35,000 tons stockpile ores available on our Cinco Minas property. The Company has completed rock sampling of the ore stockpiles at Cinco Minas and confirmed the grades cited in the 2007 Behre Dolbear Report to be accurate.
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