Rare Earth Minerals makes $0.186m new investments
September 16, 2013
Rare Earth Minerals has made further market investments totalling $0.186 million in Bacanora Minerals Limited and Western Lithium USA Corporation.
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Rare Earth Minerals has made further market investments totalling $0.186 million in Bacanora Minerals Limited and Western Lithium USA Corporation.
Newstrike Capital Inc. announces further results from the ongoing drill program at the Company’s 100% owned Ana Paula Project in Guerrero, Mexico. These results are from drilling designed to test the margins of the Breccia Zone mineralization near surface and also tested the continuity of the mineralization at depth, beneath Ana Paula’s floating cone pit.
On September 10, Gold Resource Corporation announced the sudden retirement decision of its chief executive officer William Reid. As per the companys submission to SEC, Mr Reid retirement will come into effect from the end of this month. Reid has consented to continue as the Chairman of the companys board of directors in order to effect a smooth transition. The board of directors have elected Mr Jason Reid to take the place of William Reid as CEO. He is currently serving as the president of the company and is also serving on the board of directors.
Endeavour Silver Corp. today announced updated production guidance for 2013. Endeavour is a mid-cap silver mining company that owns and operates three underground silver-gold mines in Mexico, the Guanacev� mine in Durango state and the Bola�itos and El Cubo mines in Guanajuato state.
Mexus Gold US is pleased to share the recent report furnished by geologist Ing. Javier Martinez on our newly acquired San Felix Mine at the Mexus Enterprises SA de CV project formerly Mexus Trinidad of Sonora State, Mexico. Mexus has acquired land at that site as the report indicated.
Torex Gold Resources Inc. is pleased to announce a National Instrument 43-101 compliant inferred mineral resource estimate of 5.84 million gold equivalent ounces, including 3.3 million ounces of gold, at its Media Luna Project in Mexico. The average resource grade is 4.55 g/t Au Eq. (Au – 2.63 g/t, Ag – 24.46 g/t, Cu – 0.97%) at a 2.0 g/t Au Eq. cutoff grade. The resource is contained within a single, continuous, strongly mineralized system, which remains open in several directions.
Avino Silver and Gold Mines Ltd. today announced that it has now drifted along the San Gonzalo vein for over 200 metres to the northwest and 220 metres southeast of the main crosscut across from the ramp on level 5. The San Gonzalo Mine is located on the Avino property 80 km North East of Durango, Mexico.
Focus Ventures Ltd. announces results from its Reventon project in Mexico. Focus’ subsidiary, Minera Oro Pacific S.A. de C.V., holds an option agreement covering Reventon with Grupo Northair de Mexico S.A. de C.V., a subsidiary of International Northair Mines Ltd.
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