Month: April 2013

Multará Profepa a Minerales Libertad

En la inspección, en materia de industria, se detectó que los contenedores de residuos peligrosos no cuentan con identificación y el almacén temporal de estas sustancias no cumple con todos los requisitos marcados por la normatividad ambiental; destacó que por cualquiera de estas dos irregularidades la sanción puede ser de hasta 3 millones de pesos…

Kimber Makes Changes to the Board

Kimber Resources Inc. is pleased to announce the appointment of James J. Puplava, Board member since 2004 and Kimber’s largest individual shareholder, to the position of Chairman of the Board. Mr. Puplava replaces Kimber’s Chairman Peter Nixon, who has left the Board together with directors Donald Young, Frederick Graybeal and Tim Haldane. Kimber also welcomes back former director Keith Barron, a successful geologist and mining entrepreneur, who has rejoined Kimber’s Board of Directors.

AIVN Provides Update

American International Ventures, Inc. announced that it is working diligently with their accountant and attorney to get their filings up to date and should accomplish that feat in the near future.

Oceanus Contracts Airborne Survey in Mexico

Oceanus Resources Corporation is pleased to announce that it has contracted MPX Geophysics Ltd. of Markham Ontario, to conduct a helicopter-borne geophysical survey on its recently acquired La Lajita property covering over 3,200 hectares in Durango, Mexico. The La Lajita property is located in the Sierra Madre Occidental known for its numerous gold-silver mines.

Golden Goliath Resources Ltd.: Drilling to Resume at Las Bolas/Los Hilos

The Company is pleased to announce that they have received notice that the Mexican Subsidiary of Agnico-Eagle Mines Limited is scheduled to resume drilling in early May. This will be the second year of work by them on the property since the Earn-in and Shareholders agreement was signed. Under the terms of the agreement, Agnico-Eagle can earn a 51% interest in the property by spending $5 million on exploration over a 5 year period. Agnico-Eagle will then have the option of earning an additional 20% interest by either completing a feasibility study or by spending an additional $10 million in exploration.

Sierra Metals Announces First Proven And Probable Ore Reserves At The Bolivar Mine, Mexico Supporting A 10-Year Mine Life At Its Expanded Output Rate Of 2,000 TPD

Sierra Metals Inc. (previously Dia Bras Exploration) is pleased to announce that a pre-feasibility study has been completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico. The study, mine plan and reserve estimate are based on Gustavson’s work and mine plan on a lower-grade portion of the resources, mainly at its El Gallo Inferior deposit. The evaluation of the higher grade portions of the mine still require further technical studies, which should result in additional resources and continued feed of ore to its processing plant and potentially lead to future reserve additions over the next 10 months.

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