Month: May 2012

SilverCrest Mines Inc. is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012). New results show the Trend expanding an additional 200 metres to the northeast and 100 metres to southwest with the average width increasing from 500 to approximately 700 metres along a strike length of 2,500 metres.

Windstorm Resources Inc. after reviewing the results of its exploration activities on the Escondida gold-silver property in San Luis Potosi, Mexico, has decided to give notice and has terminated its option to acquire an interest in the property.

Southridge Enterprises Inc. is pleased to announce that it has expanded its previously announced exploration program on February 13, 2012, to include the additional 80% unexplored portion of the known vein system at Cinco Minas.

Silver Sun Resource Corp. is pleased to provide an update on its mining activities at the Cherry Hill gold mine in Yreka, California as well as continued exploration work programs at the Yoreme project in Sonora State, Mexico and Zacatecas project in Zacatecas State, Mexico.

Torex Gold Resources Inc. is pleased to announce an updated National Instrument 43-101 compliant measured and indicated mineral resource estimate of 4.8 million ounces of gold at its 100% owned Morelos Gold Project in Mexico.