Category: Exploration and Development

Santacruz Silver Mining Ltd. is pleased to report the first six holes totaling approximately 1,000 meters of the 16,000 meter Phase II drilling campaign on the 100% owned Gavilanes Silver project in Durango, Mexico. The 7,347 hectare Gavilanes property hosts a low sulphidation epithermal system, where seven high grade silver veins and a stockwork area have been identified to date. The Phase II drill program is designed to test the continuation of three of the seven known silver-bearing veins, each of the veins average 1-kilometer in length, and a stockwork area identified in previous drilling. The drill results reported herein are from the GSA vein, GSA Lower vein and Stockwork area of El Hundido. To date, the GSA vein has been drill tested over a strike length of 500 meters showing clear upside potential for an additional 500 meters of identified strike length which is visible at surface. The stockwork area of El Hundido has been successfully drilled over 250 meters on its identified 500 meters of known strike length to date.

Galore Resources Inc. announces a non-brokered private placement of up to 15 Million units at a price of 0.05 per unit to raise gross proceeds of up to 750,000. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of 0.10 per share for a period of two years from the date of closing of the financing.

Alta Vista Ventures Ltd. is pleased to report that it has terminated the Option Agreement with Overlord Capital Corp. for the 7,979 hectare (79.8 km²) Orofino Property, located 135 km southeast of Hermosillo, Sonora. The property has now returned 100% to Alta Vista.

Oceanus Resources Corporation announces the initial results from underground and surface channel samples collected within the Santo Nino zone, one of seven mineralized zones on the La Lajita property, have returned high grade gold over significant widths. Highlighted assay results include the following;

McEwen Mining Inc. is pleased to announce exploration results from two areas within the El Gallo Complex, located in Sinaloa, Mexico. 1) Drilling continues to expand the Central Zone at the El Gallo 1 mine and 2) follow-up drilling at a regional prospect called CSX, has returned high silver grades over good widths.

Crecerá 106% al final de esta década: Macquiare.

El banco australiano y Chesapeake Gold anticipan el alza tomando en cuenta los proyectos anunciados

Alta Vista Ventures Ltd. is pleased to report that it has terminated the Option Agreement with Overlord Capital Corp. for the 7,979 hectare (79.8 km²) Orofino Property, located 135 km southeast of Hermosillo, Sonora. The property has now returned 100% to Alta Vista.

Bacanora Minerals Ltd. is pleased to announce that construction of its pilot plant in Hermosillo, Mexico is complete and it is entering the commissioning phase. Commissioning is expected to take approximately two weeks. The pilot plant will initially be supplied with colemanite-bearing material excavated from the Company’s El Cajon borate deposit located near the town of Magdalena de Kino, Sonora, Mexico. Bulk sampling of approximately 2,000 tonnes of material from the El Cajon borate deposit has been completed to use as feed for the pilot plant.

NSX Silver Inc. is pleased to report results from its ongoing geochemical sampling and mapping program on the Huerigo area of the wholly-owned Oso Blanco 2 mining concession located in the municipality of Yecora, in Sonora State, Mexico. The Huerigo area comprises 8 km2 of highly prospective ground in the western portion of the Oso Blanco 2 concession and is located approximately 5 kilometers west-southwest of the Company’s Dios Padre Silver Project.

Endeavour Silver Corp. announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico continues to intersect high grade silver-gold mineralization over thick intervals along a 900 meter long by 300 m deep portion of the more than three kilometer long Terronera vein, still open for expansion.