Last week Geologix Explorations announced they are now evaluating a new engineering concept and an alternative processing procedure for their flagship Tepal gold-copper project in Michoacan state, Mexico.
Paramount Gold and Silver Corp. is trading 1.7% higher after reporting results from four additional holes into the growing La Bavisa target on the company’s 100%-owned San Miguel Project in Mexico.
Cerro Resources NL reports that its shareholders have approved the grant of 1,500,000 options to one of its executive officer. The options will be exercisable at a price of $0.17 until December 31, 2014.
Golden Minerals Company today announced that Jerry W. Danni, Executive Vice President of Golden Minerals Company, has resigned from his position effective November 30, 2012 to pursue another career opportunity.
Drilling Continues to Extend High Grade Silver-Gold Mineralization at Milache, Intersects 1,885 gpt Silver and 6.8 gpt Gold Over 0.19 m True Width
Bearing Resources Ltd. is pleased to announce that the Company has executed a letter of intent with Patriot Minefinders Ltd whereby Patriot may earn up to a 75% interest in the 13,400 hectare Kilometer 66 silver-gold-lead-zinc property located in Durango, Mexico.
Animas Resources Ltd. announces that, in line with the Company’s focus on moving the Santa Gertrudis Gold Project towards a production plan, the Company has reduced its operating costs, granted options to a recently appointed director who is also a mining engineer, and dropped a project which is no longer considered a core project.
Dia Bras Exploration Inc. is pleased to announce the filing of its unaudited Financial Statements and Management Discussion and Analysis for the third quarter of 2012. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.diabras.com or SEDAR at www.sedar.com
SilverCrest Mines Inc. is pleased to announce the results of an additional 15 holes (LJ DD12-75 to LJ DD12-89) of the Phase II drill program nearing completion at its La Joya Property in Durango, Mexico. Phase II drilling reported to date has extended the Main Mineralized Trend beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.(i)(see News releases dated March 20 and May 7, 2012 and attached Figure: http://media3.marketwire.com/docs/silvercrestmap1.pdf ). Drilling and surface sampling has extended the Trend to approximately 2.5 kilometres with an average width of approximately 700 metres. Please reference our website at www.silvercrestmines.com for more information, photos and figures on La Joya.
Primero Mining Corp. is pleased to announce the appointment of Mr.Gabriel Voicuas Vice President, Geology and Exploration.
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