Category: Exploration and Development

First Majestic Silver Corp. is pleased to announce that on April 24, 2013, after a lengthy trial, the Supreme Court of British Columbia ruled in favour of First Majestic with respect to the previously reported litigation against Hector Davila Santos ( not related to the Company’s Chief Operating Officer, Ramon Davila) and Minera Arroyo Del Agua, S.A. de C.V. (which subsequently became Minerales y Minas Mexicana, S.A. de C.V.).

Coeur d’Alene Mines Corporation announced that its Mexican subsidiary Coeur Mexicana was recognized with the Socially Responsible Business Distinction Award for 2012 (“Distintivo Empresa Socialmente Responsable 2012”) for its Palmarejo silver-gold mine operation in Chihuahua, Mexico.

Paramount Gold and Silver Corp. today reported that a new drill program designed to test the depth potential of the high grade Don Ese Vein has intersected outstanding gold and silver grades over greater-than-expected widths, indicating that substantial additional resources could be developed below the current resource model.

Camino Minerals Corporation is pleased to announce that diamond drilling has commenced at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico. Camino’s 3,000 metre diamond drill program will test nine different exploration targets within an extensive vein field that is over 60 square kilometres in size. Three of these targets were drilled by the Company in an earlier reverse circulation program with the remainder being new exploration targets that have never been tested before.

En México, mineras trasnacionales y consorcios del país pagan por concepto de derechos, cinco pesos anuales por hectárea explotada; cada año piden a la Secretaría de Hacienda, crédito fiscal; tienen concesiones por 50 años renovables; pagan los salarios más bajos de Latinoamérica; han impactado negativamente los recursos hídricos y ambientales de diversas comunidades, y han provocado en ellas afectaciones sociales.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an update on the status of its agrarian legal suit against the Ejido La Sierrita, which was filed in August 2012 . Excellon sued the Ejido to terminate the surface rights agreement in respect of the surface rights to 1,100 hectares of exploration ground west of the La Platosa Mine and for various damages relating to the illegal blockade of the mine last year. The Ejido also sued for termination of the SRA one week after being advised of Excellon’s suit.

Fortuna Silver Mines Inc. is pleased to report that exploration drilling has successfully extended the Trinidad ore shoot to the north and to depth with mineralization remaining open in both directions. Results are also reported for the initial infill drilling being carried out in the central portion of the Trinidad deposit for purposes of conversion of Inferred Mineral Resources to an Indicated Mineral Resource classification.

Endeavour Silver Corp. regrets to announce the death of a contractor employee yesterday due to a fatal accident underground at the El Cubo mine operations in Guanajuato State, Mexico.

En la inspección, en materia de industria, se detectó que los contenedores de residuos peligrosos no cuentan con identificación y el almacén temporal de estas sustancias no cumple con todos los requisitos marcados por la normatividad ambiental; destacó que por cualquiera de estas dos irregularidades la sanción puede ser de hasta 3 millones de pesos…

El Tigre Silver Corp. is pleased to report that the drilling program targeting the stockwork zone that was started in January 18, 2013 was concluded on April 12, 2013 with 38 holes completed and 4,862 meters drilled. El Tigre is drilling on concessions that are part of the Company’s 431 square kilometer ownership in Sonora, Mexico.