McEwen Mining Inc. is pleased to provide a summary for its fourth quarter and full year operating results, including 2013 production and cost guidance, for its mines and projects in Argentina, Mexico and Nevada.
Gold Resource Corporation is pleased to announce a new high-grade gold and silver zone at its Arista vein system with intercepts including 9.23 grams (0.27 ounces) per tonne gold and 1,039 grams (33.34 ounces) per tonne silver over 2.9 meters. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $75 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver.
Defiance Silver Corp. announces it intends to seek TSX Venture Exchange approval to extend the expiry date of certain previously issued warrants, being: (i) 937,500 warrants exercisable at $0.21333 per share (issued April 15, 2011) from April 15, 2013 to April 15, 2014; (ii) 397,225 warrants exercisable at $0.30 per share (issued April 17, 2012) from April 17, 2013 to April 17, 2014; and (iii) 175,025 warrants exercisable at $0.65 per share (previously issued April 17, 2012) from April 17, 2013 to April 17, 2014. The warrant term expiry date extensions are subject to Exchange approval.
Cerro Resources NL has filed its Interim Financial Statements and Directors’ Report for the half-year period ended December 31, 2012. They can be viewed on the Company’s website at www.cerroresources.com and have been filed on SEDAR at www.sedar.com.
Excalibur Resources Ltd. is pleased to provide an update on the sampling program at the Catanava property in Pinos, Zacatecas State, Mexico. Pinos has been mined since 1546 and was one of only three bonanza gold districts discovered by the Spanish in Mexico. It is located along the historic Fresnillo — Guanajuato Trend of Mexico, characterized by world-class precious metals mines. The program includes mapping and sampling of old mine workings, surface mapping and re-logging and sampling of drill holes completed by previous operators. The program is directed at expanding the resources at the Catanava property and in providing data for mine development planning.
“We are very pleased to have Sun River Gold Corp. as both an investor and innovative partner in the Tailings project. The Tailings Project is a potential opportunity for short term cash flow and this agreement allows us access to both capital and technology to advance this opportunity” commented Joanne Freeze, President and CEO of CDG.
Capstone Mining Corp. today announced the results of an updated National Instrument 43-101 compliant mineral resource estimate for the Mala Noche Footwall Zone at the Cozamin Mine in Zacatecas, Mexico. Drilling in the MNFWZ since the last resource update in February of 2012 has converted 92 million pounds of copper from the Inferred category to the Indicated category. This reflects drilling that was completed in the latter half of 2011 and most of 2012 that was not included in the last estimate. At a US$35 net smelter return cut-off grade, the Cozamin Mine’s total Measured and Indicated mineral resources at December 31, 2012, including adjustments for mining, were 430 million pounds of copper.
Solitario Exploration & Royalty Corp. is pleased to announce that it has signed a binding Letter of Intent with Minera Hochschild México S.A. de C.V., a 100%-owned subsidiary of Hochschild Mining plc on Solitario’s Pachuca Norte silver-gold project in central Mexico. Solitario’s 100%-owned Pachuca Norte project (formerly called Pachuca Real), encompasses approximately 19,000 hectares of mineral rights in and around the famed Pachuca silver-gold mining district. Historic production from the Pachuca district totals approximately 1.4 billion ounces of silver and over 7.0 million ounces of gold, making it one of the largest silver-gold districts in the world. A map of the project area can be viewed on Solitario’s website at http://www.solitarioxr.com/art/PachucaNorte.pdf.
Labriegos de la región de Ixtacamaxtitlan pidieron que la Comisión Nacional del Agua (CNA) realice una investigación para deslindar responsabilidades sobre el agua que está utilizando la minera canadiense Almadels Minerals en la comunidad de Tulixtic pues advirtieron que el líquido no está siendo provisto con permiso de esa comunidad.
Santacruz Silver Mining Ltd. is pleased to announce that pursuant to the San Felipe Agreement with Hochschild Mining, dated August 18, 2011, it has exercised its option to acquire the 48,057.33 hectare El Gachi project located 30 kilometers from the San Felipe project in Sonora state.
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