Day: August 26, 2013

Golden Goliath Resources Ltd. has received the final report from Agnico Eagle Mines Limited on their 2013 drilling program on the Las Bolas/ Los Hilos property. The diamond drill program was carried out between May 5th and May 26th, 2013, and totaled 930 meters in 10 holes; from which 992 core samples were obtained and sent to ALS Chemex laboratory for assaying. Five of these drill holes aimed to test the “El Orito” area, three drill holes were located at “Los Hilos” area and two drill holes were located at “Las Bolas-El Gambusino” area. The program aimed to test mineralized structures including veins, stockwork zones, faults and fractures parallel to known mineralized structural trends.

Mexus Gold US (OTCQB:MXSG), and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de C.V., a well-known Mexican mining exploration and mineral evaluation company, for participation in mining operations of the Mexus–Atzek Mine (formerly named Trinidad Mine).

Aura Silver Resources Inc. is pleased to confirm that the Aura Silver / Intrepid Mines Ltd. joint venture has received the payout of US $2.0 million net of prior concession fees owed to Pan American Silver Corp. as announced in Press Release #13-02 of July 16, 2013. The payment was triggered by the completion of Pan Am’s sale of the West Taviche concession to Fortuna Silver Mines Inc. and is in accordance with the agreement between the Taviche JV and Pan Am which was completed in April 2012. The April 2012 agreement allowed Pan Am to retain a 100% ownership of West Taviche with the proviso that upon a sale of an interest greater than 70% in the property, US $2.0 million would be paid to the Taviche JV. In turn, the Taviche JV received a 100% ownership interest in the East Taviche concession where the Taviche JV has had the greatest amount of drilling success. Pan Am retains a 1.5% net smelter royalty in respect of East Taviche.