Month: January 2014

Xtierra Inc.: Bilbao Project Update

Xtierra Inc. announces that following its recently announced US$500,000 short term financing the Company has prioritized all of its current resources on the completion of the economic study of its Bilbao project in Zacatecas, Mexico. A complete draft report is expected before the end of this month at which time the Company will review its future plans for Bilbao.

Minera Autlán crece su participación en energía

Compañía Minera Autlán, informó que llegó a un acuerdo para tomar el control de Compañía de Energía Mexicana, subsidiaria de Grupo Ferrominero, S.A. de C.V., empresa que desarrolló y opera la Central Hidroeléctrica Atexcaco y de la que Autlán ya detenta el 49 por ciento de su capital social.

Mammoth Announces Results from Ground Geophysics Survey Indicating Numerous Targets at Depth Coincident With Surface Mineralization

Mammoth Resources Corp. is pleased to report the results of a pole-dipole induced polarization and magnetic ground geophysics survey at its Tenoriba property located in the state of Chihuahua, Mexico. The magnetic survey has assisted in confirming the presence of east-west, east northeast and locally northwest trending structures (faults) which Mammoth geologists based on their mapping and sampling work has identified as controls for gold-silver mineralization. The IP survey also assisted in identifying these same structures with strike lengths of greater than 100 metres up to as much as 600 metres and in most cases these remain open beyond these lengths. A few of these structures are closely associated to artisanal mine workings (e.g. at El Moreno). These IP axes once more appear to confirm at depth the same features as were identified by company geologists mapping & sampling gold-silver mineralization and alteration controls on surface. Areas of specific interest are identified in Figure 1, Tenoriba Geophysics Survey Results, Zones A, B and C. Additional areas of interest are similarly identified on this figure between and to the north and south of these zones.

Citation Resources Inc.: Biricu Access Agreement Finalized and Drill Permitting Update

Citation Resources Inc. is pleased to announce that it has entered into a formal access agreement with the community of Mezcala at its Biricu Project granting the Company permission and access to conduct drilling activities. The Mezcala region covered by the agreement encompasses substantially all of the priority drill targets previously identified by the Company in the four target areas at the Bircu Project. Each of the four target areas contain the geophysical, geochemical and geological characteristics consistent with other discoveries in the area, including the neighboring Torex properties, Morelos and Media Luna, and Goldcorp’s Los Filos.

Almaden Infill Drilling on Main Zone, Hits 12.60 Meters of 3.76 g/t Au, 300.6 g/t Ag (9.8 g/t AuEq) at Ixtaca, Mexico

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program, completed in December 2013, was designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling.

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