Month: September 2014

GoGold Resources Ltd. is pleased to provide an update on the commissioning of its Parral Tailings Project in Mexico. Commissioning of the main plant began in June 2014 and production rates have been consistently increasing as ramping up continues. As of August 31st, 2014, approximately 180,000 tonnes have been agglomerated and stacked on the lined heap leach pad and a total of 61,000 ounces of silver and 105 ounces of gold have been produced as dore. In accordance with the mine plan, the first material being treated is from Zone 3 (known as the Red Hill). The performance to date has met or exceeded expectations based on the following performance indicators:

El Tigre Silver Corp. is pleased to announce strong assay results from El Tigre’s continuing year round exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the Southern vein area where a total of 110 surface and 57 underground samples were collected. Assay results from four samples of underground backfill material ranged from 1.28 gpt Au to 4.32 gpt Au and 262 gpt Ag to 468 gpt Ag.

Soltoro Ltd. has initiated a panel sampling program on its 100%-owned Tecolote gold project located in Jalisco, Mexico. The program is intended to test several zones of hydrothermal alteration for bulk tonnage gold targets. The Tecolote Project lies within the Guachinango District, which includes Soltoro’s El Rayo Primary Silver Project and Cayden Resources’ El Barqueño Gold Project (Cayden is the subject of a recently announced acquisition by Agnico Eagle Mines Limited). In this part of Jalisco, mineralization occurs within a broad northwest-trending belt of gold-silver mining districts that also includes Endeavour Silver’s San Sebastian Project and Soltoro’s Quila Project.

Avino Silver & Gold Mines Ltd. is pleased to announce that the processing of underground material from the re-opened Avino Mine began as planned on September 1. Initial feed is from material that was blasted prior to the mine shutting down in 2001; currently this material is being processed using Circuit #2.

CANGOLD LIMITED reports that initial field work on the Guadalupe de los Reyes Gold-Silver Project in Sinaloa State, Mexico has returned high grade gold and silver assays. Cangold geologists are focusing on detailed geological mapping, trenching, and rock sampling in order to further define the numerous mineralized structures on the property.

Azure Minerals Limited is pleased to report that it has received further assays from the recently completed exploration drilling program at the Company’s 100%-owned Cascada deposit.