Tosca Mining Corp announces that it has entered into a contract with Layne De Mexico SA de CV, to undertake a drill program on its Carol Copper project, Sonora, Mexico. Site preparation is now underway with drilling expected to commence by the end of April.
The Company reports that it has mobilized a field crew to commence detailed and systematic outcrop sampling of its 100% owned, newly-discovered Sierra Diatreme Breccia target in Sonora, Mexico . Discovery results from seventeen grab samples of mineralized hydrothermal diatreme breccia gave assayed grades averaging 4.8% copper, 101 g/t silver and 4.4 g/t gold.
Mammoth Resources Corp. has posted the complete geophysics report, with recommendations, various surface plans and geophysical survey cross sections from the Induced Polarization and Magnetic ground geophysics survey performed in late 2013. The company announced on January 16, 2014 the completion of the survey, which covered approximately one-third of the large 15 square kilometre target area of gold and silver mineralization at its Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico (refer to the company’s web site www.mammothresources.ca, for a detailed location map).
Alta Vista Ventures Ltd. is pleased to announce that its Optionee, Tosca Mining, has entered into a contract with Layne De Mexico SV de SV to undertake a drill program on Alta Vista’s Carol project located in southern Sonora State, Mexico, and approximately 4 km from the Piedras Verdes porphyry deposit, Mexico’s third largest copper producer.
SilverCrest Mines Inc. is pleased to provide an update on activities for the expansion of the Santa Elena Mine in Sonora, Mexico. The Santa Elena Mine expansion is on budget (+/-5%) with initial start up of the new 3000 tpd operation anticipated later this month.
Camino Minerals Corp. announces that it has proposed a consolidation of the common shares of the Company.
Osisko Mining Corporation is pleased to report that following record production in Q4 2013 of 137,321 ounces gold, Osiskos flagship Canadian Malartic mine has again achieved record gold production of 140,029 ounces gold in Q1 2014. Production statistics for the quarter and the month of March are presented below. A conference call will be held this morning at 9:00 am to discuss the Q1 production results.
First Majestic Silver Corp. is pleased to announce that total production at its five operating silver mines in Mexico for the first quarter ending March 31, 2014 reached a new quarterly record of 3,631,672 equivalent ounces of silver, representing a 33% increase compared to the same quarter in 2013.
Geologix Explorations Inc. is pleased to announce that the Mexican Secretariat of Environment and Natural Resources has issued the Company’s wholly-owned subsidiary, Geologix Explorations Mexico S.A de C.V., a resolution approving the Environmental Impact Statement and Risk Assessment pertaining to the Company’s application for the development of its 100% owned Tepal Project in Mexico.
La Secretaría de Economía confirmó los intereses de la compañía Exploraciones Oceánicas S. de R.L. de C.V. para obtener la concesión de 34 mil 993 hectáreas para aprovechamiento minero de fosfato y otros concesibles en el municipio de Comondú.
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