Day: June 26, 2013

Guerrero Exploration Inc. (TSX: V.GEX) was up 4.4% to 12 cents.

The stock is reacting to news that the junior explorer had received the title certificates for its 100% owned Cibola and Coatepec concessions, and expects the Olinala concession to be granted in the coming months. Collectively, the three concessions overlap a combined surface area of 137,546 hectares in the Mixteca Terrane of eastern Guerrero State, Mexico. The company expects that exploration of these concessions will start in the fall of 2013.

Baja Mining Signs Option Agreement

Baja Mining Corp. is pleased to announce that it has entered into an option agreement whereby it can earn up to an 80% interest in Cinto Colorado S. de R.L. de C.V., a private Mexican company. Cinto’s main asset is a surface lease which entitles Cinto to process and/or sell tailings and slag now stored on the lands subject to the Lease. Baja’s preliminary due diligence review indicates the tailings and slag contain significant residual copper and cobalt.

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