International Millennium Mining Corp. reports its 3rd Quarter 2012 financial statements and MD&A for the Quarter ended September 30, 2012 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report.
Almaden Minerals Ltd. is pleased to announce final drill results to be included in the Company’s maiden resource estimate. With the results today 225 holes accounting for 81,971.03 meters of drilling, all drilled since the discovery was made in 2010, will form the basis of the resource estimate. The exploration drilling program at Ixtaca is on-going. The results reported today demonstrate the continuity of the known mineralisation as well as the presence of high grades locally.
Pan American Goldfields Ltd. is pleased to announce the production results for the last two months of operation at its 80% owned Cieneguita project, Chihuahua, Mexico. The Cieneguita project is currently being operated on a pilot basis under an agreement between The Company and Minera Rio Tinto, a private Mexican company. The terms of the agreement were recently re-negotiated as discussed in The Company’s release on September 12th -2012. The Cieneguita project as operated by MRT produces a bulk sulfide flotation concentrate or pre-concentrate at the Cieneguita plant. This concentrate is then shipped to Choix where it is treated to produce a lead concentrate that contains the majority of the valuable metals gold and silver. This lead concentrate is then sold under contract to Trafigura who then ships the concentrate to various smelters for final metal recovery.
MAG Silver Corp. is responding to reports from local media in Mexico that landholders from Benito Juarez decided during an assembly meeting of the local community in the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium.
Camino Minerals Corporation is pleased to announce that drilling is underway at the El Secreto Gold, Silver and Copper Project, located in Sinaloa State, Mexico. The 2,000 metre reverse circulation drill program commenced over the weekend and is expected to take up to four weeks to complete. This is the first ever drill program to be carried out at El Secreto.
IMPACT Silver Corp. is pleased to announce first phase drill results from multiple veins at the La Condesa Prospect in the Royal Mines of Zacualpan District in Mexico. La Condesa area can be accessed from the underground workings of the historic Cuchara Mine, which are currently being refurbished to mine IMPACT’s nearby high grade Oscar silver zone…
NWM Mining Corporation announced today that Mr. John Van De Beuken has resigned as the COO of the Company following the completion of the initial commissioning phase for the Lluvia de Oro project. He will remain as a director of NWM.
Soltoro Ltd. has received positive gold and silver assay results from ongoing mapping and sampling on its 100% owned Tecolote Project in Jalisco, Mexico. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.
Energold Drilling Corporation, a leading worldwide operator and manufacturer of mineral exploration and energy drilling rigs, today announced the appointment of Mr. Craig Geier as Managing Director, Dando Drilling Services, effective immediately. DDS is an affiliate of the Company’s wholly owned rig manufacturer Dando Drilling International based in the United Kingdom and will be initiating the Energold Groups global water drilling services business segment. Mr. Geier was previously the Company’s Chief Financial Officer and Vice President of Corporate Development. In parallel with Mr. Geier’s appointment, the Company has appointed Mr. Steven Gold as interim CFO, who was previously Director — Corporate Development. The Company has initiated an external search for a permanent replacement of the Chief Financial Officer.
Baja Mining Corp. regrets to report that it has been informed by Minera y Metalurgica del Boleo S.A. de C.V., its 49% owned Mexican company, that an employee of a construction contractor was fatality injured at the construction site of the Boleo Project on the morning of November 15, 2012.
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