Kootenay Silver Inc. is pleased to announce SRK Consulting Inc. (U.S.) of Lakewood, Colorado has been commissioned to provide an updated, independent resource calculation on the Company’s flagship Promontorio Silver Project in Sonora, Mexico.
NSX Silver Inc. is pleased to announce assay results from its recently completed Phase 2 drilling program at its Dios Padre Silver Project located in Sonora State, Mexico. These results are from holes DP-17-2013 through DP-32-2013 which were drilled in and beneath the area of historic mining; both in the area of old pit and adjacent to the underground mine workings. Seventeen (17) drill holes were completed during the first quarter of 2013 for a total of 3,220 meters.
NWM Mining Corporation is initiating a drill program with the objective of adding mineral resources and mineral reserves at the Company’s Lluvia de Oro mine in Sonora, Mexico. The primary focus of the program will be to upgrade a significant portion of the currently defined inferred resources (approximately 200,000 ounces / 17,000,000 tonnes at 0.36 g/t Au)*1 at the Lluvia de Oro deposit to a status of measured and indicated mineral resources. The cost structure of the current mining operations indicates that these mineral resources can then be converted to mineral reserves. In addition, the drill program will also aim to define new inferred resources along strike from the currently defined mine reserves. An updated reserve/resource estimate is expected to be completed during the summer of 2013.
Scorpio Mining Corporation announces its planned 2013 exploration program, which will concentrate on developing new resources within and around the Nuestra Señora Mine and explore for new resources within its 100% owned 26,819 hectare land package in the Cosalá District, Sinaloa, Mexico.
Santacruz Silver Mining Ltd. announces that further to its press releases of November 20, 2012 and January 15, 2013 the Company has received the results from the final five diamond drill holes of its 6,000 meter Phase one diamond drill program at its 100% owned Gavilanes Silver project in Durango, Mexico. The 7,347 hectare Gavilanes property hosts a low sulphidation epithermal system, where seven high silver grade veins and stockwork mineralized structures have been identified to date. The Phase one drill program was designed to test three of seven known silver-bearing veins and a stockwork area. The drill results reported herein are from the Guadelupe-Soledad-Aranzazú (GSA) vein.
Sundance Minerals Ltd., announced that it has applied to the British Columbia Securities Commission, the Alberta Securities Commission and the Ontario Securities Commission for a decision to cease to be a reporting issuer in British Columbia, Alberta and Ontario. If the Securities Regulatory Authorities grant such a decision, the Company will no longer be a reporting issuer in any jurisdiction in Canada and the outstanding securities of Sundance will be subject to restrictions on resale under applicable securities laws, which include that a first trade of such securities is a distribution unless Sundance is a reporting issuer in a jurisdiction in Canada at the time of the trade.
Animas Resources Ltd. is pleased to announce that it has arranged a private placement of 10,000,000 units at a price of $0.06 per Unit to raise gross proceeds of $600,000.
Excalibur Resources Ltd. is pleased to announce that effective April 4, 2013, the Company began trading on OTCQX International under the symbol “EXCFF”.
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