Almaden Minerals, a mineral exploration firm, has declared that additional results has been reported from the current exploration drilling carried out at the Tuligtic project in Mexico.
Canada’s Excellon Resources Inc, which in August declared a force majeure at its silver mine in Mexico due to a blockade at the site, said the Mexico government canceled Thursday’s scheduled meeting with local land holders.
Riverside Resources Inc. and its partner, Sierra Madre Developments provide an update on progress at the 350 km² Peñoles Project in Durango, Mexico. Riverside continues to have a strong cash position with $9,000,000 and major partners funding exploration work in Canada and Mexico. The Company is pleased with progress at its Peñoles project where a partially defined oxide gold prospect (referred to as El Capitan), two historic silver mines that have never been systematically drill tested (Jesus Maria and San Rafael) and multiple early stage targets are hosted within a district scale land package that covers more than half of the historic Peñoles Mining District.
Bacanora Minerals Ltd. is pleased to announce the completion and filing of an NI 43-101 Technical Report in respect of its Sonora Lithium Project in Sonora, Mexico with a total inferred resource of 43,324,000 tonnes bearing an average grade of 3,005 Li ppm or 1.6% Lithium Carbonate Equivalent (“LCE”) for 712,000 tonnes of LCE(1).
Cayden Resources Inc. is pleased to announce that it has received additional soil and rock results from the eastern part of the La Magnetita gold anomaly located at the Morelos Sur project, Guerrero State, Mexico. These results have significantly increased the size of the +100 ppb Au-in-soil anomaly (now over 5.4 km X 5.4 km from a previous extent of 5.0 X 3.7 km). The large anomaly now shows an impressive 2km square area with mostly +0.5 g/t Au-in-soils (see map on website).
Evrim Resources Corp. is pleased to announce key changes to the Company’s executive team and the appointment of Mr. Ken Paul, Director of the Company, to Chairman of the Board. Mr. Paul will serve as a key leader on the Board of Directors and help guide the strategic vision of the company.
The company is pleased to announce that it has discovered another previously unknown existing mine on the La Yesca property just North of the recently discovered La Leona Mine. This prospect, now named La Leona II, is between the La Leona and Las Cuatas mines approximately 125 meters straight north of the La Leona mine entrance. In this area of interest, 36 test samples were taken and are being submitted for analysis. The site appears interesting as there is evidence of modular to strong movement of hydrothermal fluids, quartz-pyrite in veins, and fractures with quartz infills, matrix supported silicified breccias and some evidence of potassic alteration (potassic feldspar, biotite, etc), red jasperoids, coarse grained quartz with overgrowths in open space approximately 10 centimeters and smaller. The width of the structure appears to widen at a depth of 1.6 metres. Site preparation, channel sampling, and mapping is being done between Las Cuatas and La Leona.
Excellon Resources Inc. is pleased to advise that the Company continues to access its La Platosa Mine in the state of Durango, Mexico through the alternative access opened on August 29, 2012.
Almaden Minerals Ltd. is pleased to announce further results from the on-going exploration drill program at the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-170, 174, 178, and 180. These holes were drilled into the Northeast Extension (Chemelaco) zone on section 50+100N and represent a 100 meter step out from the previously drilled and reported section, 50+000N (see Almaden news release of August 7th, 2012) . The intersections reported today demonstrate the continuity of this zone as well as the presence of high grades locally.
MAG Silver Corp. is pleased to announce results from continued definition drilling of the Jose Manto-Bridge Zone on its 100% owned Cinco de Mayo Property in northern Chihuahua, Mexico. Note that these results are not in follow up to the newly discovered Pegaso zone (see Press Release dated July 18, 2012). The best intercepts are: Hole 430, on the 383 Section at the northwest end of the Bridge Zone, which reported 84 grams per tonne (2.4 ounces per ton) silver with 1.6% lead and 11.0% zinc over 11.79 metres; including: 160 g/t (4.7 opt) silver with 3.2% lead and 12% zinc over 5.87 metres; including: 2.54 metres that grades 258 g/t (7.5 opt) silver with 7.1% lead and 25.9% zinc; and Hole 418, on the 382 Section at the southeast end of the Bridge Zone which reported 131 g/t (3.8 opt) silver with 4.6% lead and 6.8% zinc over 9.17 metres; including: 2.70 metres that grades 256 g/t (7.5 opt) silver with 6.8% lead and 8.0% zinc.
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