Category: Exploration and Development

La minería es una de las actividades económicas de mayor tradición en México, practicada desde la época prehispánica y fuente de la expansión regional desde la colonia. En el México independiente, la participación de la industria minera fue muy importante para el desarrollo económico del país, pero nunca exenta de conflictos sociales, dada la concentración de la riqueza de esta industria en pocas manos y una gran explotación que se hizo y se sigue ejerciendo sobre los trabajadores mineros.

Sierra Iron Ore Corp. is pleased to announce the results of assays of samples taken and sent for laboratory testing. Two of the samples yielded greater than 55% Fe content. The 3rd sample from the Mazomique property requires further testing.

Oceanus Resources Corporation is pleased to announce that initial results from underground and surface channel samples collected at the Mina la Guadalupe zone on the La Lajita property have returned high grade gold over significant widths. Highlighted assay results include the following;

Silver Scott Mines, Inc. is pleased to announce the near completion of construction at the Carmen mine and processing site. Crushing machinery with associated rolling stock equipment is now arriving and planned to be operational in approximately two weeks. Leach pad and ponds with contractor installed HDPE plastic liners have been completed. Detailed laser topography data has also been acquired over the old mine and newly prepared plant sites by a local contractor service provider. This provider will also monitor in successive scans, to accurately determine the volumes of rock produced.

According to IntierraRMG, mining exploration fell once more in March, extending a 17-month decline in exploration activity.

Gold prices are expected to recover in the coming weeks and months according to the Reuters Precious Metals Poll of analysts. The news was welcomed by El Tigre executives, who also recently announced the completion of the company’s drilling program.

Almaden Minerals Ltd. is pleased to announce results from the first two holes of the 2013 drill program on the Company’s 100% owned El Cobre copper-gold porphyry project, Mexico. This new drilling was conducted on only one of the four porphyry targets identified over a 12 square kilometre area on the project. These new results continue to show the potential of the El Cobre project to host an economic copper-gold porphyry deposit.

The case arose in relation to an opportunity to purchase a silver mine in Mexico in 2006. In First Majestic Silver Corp. v. Davila, the Supreme Court of British Columbia ruled on April 24 in favour of First Majestic Silver against Hector Davila Santos and Minera Arroyo Del Agua, S.A. de C.V.

Citation Resources Inc. is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp.

El Tigre Silver Corp. is pleased to report further assay results from the 2013 drilling program that was concluded on April 12, 2013. A total of 38 holes were completed and 4,862 metres drilled. This drill program is targeting a 1.2 kilometre stockwork zone on concessions that are part of the Company’s 431 square kilometre ownership in Sonora, Mexico.