Excellon Provides Update Information Regarding La Platosa Illegal Action
August 30, 2012
Excellon Resources Inc. today provided the following background information on the illegal action at the Company’s La Platosa mine.
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Excellon Resources Inc. today provided the following background information on the illegal action at the Company’s La Platosa mine.
Silver Bull Resources, Inc. is pleased to announce the drill results for the third batch of 6 holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
International Northair Mines Ltd. announces the assay results from 6 core holes completed in the San Rafael Zone at its Sierra Rosario silver-gold project, located in Sinaloa State, Mexico.
Avino Silver and Gold Mines Ltd. is pleased to announce the results from a Technical Report on the Avino Property prepared by Tetra Tech, an independent engineering consultant commissioned by Avino. The Technical Report was filed on SEDAR on July 25, 2012, under the Company’s SEDAR profile.
The program of Reverse Circulation drilling has 30 initial holes planned for testing five prospective new zones (Target Areas 1 through 5) as outlined through the Company’s recent geophysical and surface sampling programs. Additional holes may be targeted based on assay results received during the initial drilling phase. Drilling has started within Target Area #3, where the Company recently reported a high concentration of elevated gold and silver values in rock samples within an area measuring 1,800 metres (“m”) by 600m located near the project’s proposed mill site. Individual assays up to 6.88 grams per tonne (“g/t”) gold over 2.0m and 433 g/t silver over 1.6m were sampled within Target Area #3, as previously announced (see news release dated June 13, 2012 and/or the Company’s website at www.geologix.ca for more details).
Two Delaware courts have upheld that Grupo Mexico basically took its Southern Copper Corporation subsidiary to the cleaners when SCC bought Minera Mexico from its corporate parent.
Guerrero Exploration (CVE:GEX) said it has closed its financing for a total of nearly $0.5 million in gross proceeds.
Hecla Mining Company today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock.
Aurcana Corporation is pleased to announce an updated resource estimate for La Negra Mine, the Company’s silver, zinc, lead, and copper mining operation in the State of Queretaro, Mexico.
Scorpio Gold Corporation is pleased to announce its unaudited financial and operating results for the second quarter ended June 30, 2012. This press release should be read in conjunction with the Company’s Management Discussion & Analysis, Financial Statements and Notes to Financial Statements for Q2, available on the Company’s website at www.scorpiogold.com and on SEDAR at www.sedar.com. All monetary figures are expressed in US dollars unless otherwise specified.
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