Month: July 2014

Grupo México evalúa la explotación de “tierras raras”, metales que por su valor estratégico son imprescindibles en las industrias electrónica, automotriz y energética.

Cayden Resources Inc. is pleased to announce initial drill results from Angostura, the third of nine priority targets that the Company is drilling at its El Barqueno Gold project. 
Highlights include 12 meters of 4.60 g/t Au including 2.0 meters of 21.45 g/t Au in hole 85 and 13 meters of 1.54 g/t Au in hole 83.

GoGold Resources Ltd. is pleased to announce that a land agreement to mine and explore on the Ejido property associated with the Santa Gertrudis Gold Mine in Mexico has been executed. The agreement allows GoGold to mine and explore the 2,006 hectares of land that is owned by the local Ejido for a period of ten years with an option to renew for a further five years. With the company’s intent to reestablish mining, this agreement will allow GoGold to fast track the Santa Gertrudis gold mine to production.

Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, has received an NI 43-101 compliant “Technical Report: Revised Assessment” that concludes the measured and indicated phosphorite resources at the Oceanica deposit now total 327.2 million ore tonnes at 18.5% P2O5, an increase of 20% over the last preliminary assessment total of 273.5 million ore tonnes.

Riverside Resources Inc. announces that it has agreed to extend the option for partner Morro Bay Resources Ltd to earn an initial 51% interest in the Company’s Penoles Project in Durango, Mexico. In order to extend the option, Morro Bay has agreed to (1) incur additional expenditures of $500,000 on the exploration and development of the Project by October 31, 2014, with the program to be managed by Riverside, and (2) pay to Riverside one-half of the $1,500,000 payment on or before July 15, 2014, which is payable in cash or Morro Bay shares as outlined in the Amended and Restated Option Agreement.

Orex Minerals Inc. is pleased to announce that a TITAN-24 ground geophysical survey team has now been deployed by Quantec Geosciences on Orex’s Los Crestones Project in Sinaloa, Mexico. A ground Induced Polarization and Magnetotelluric survey will be conducted over the next few weeks.

Alta Vista Ventures Ltd. is pleased to announce that its optionee, Tosca Mining, has released analytical results from their recently completed drill program on the Carol Copper project, located in Sonora, Mexico.