Category: Exploration and Development

Garibaldi Resources Corp. is pleased to report that it has completed a transaction to acquire a 100% interest in the 99 hectare La Patilla property located in the Municipality of Rosario, State of Sinaloa, Mexico.

Torex Gold Resources Inc. is pleased to report that two boreholes located approximately 100 metres southwest of the Media Luna magnetic anomaly, intersected mineralization in a non magnetic area. Borehole WZML-30 encountered 5.4 g/t Au eq. over 11.7m and borehole WZML-26 encountered 3.9 g/t Au eq. over 4.6m. In addition, the inferred resource drilling program continues to intersect high grade mineralization over significant widths within the Media Luna magnetic anomaly target at the Company’s Morelos Gold Project in Mexico. Highlighted intercepts from the three known mineralized zones reported today, include borehole NEZML-22, which intersected 8.81 g/t Au eq. over 38.2m; borehole WZML-31, which intersected 5.34 g/t Au eq. over 29.9m; borehole WZML-35, which intersected 4.09 g/t Au eq. over 37.3m; borehole CZML-03, which intersected 20.66 g/t Au eq. over 6.0m; and borehole NEZML-24, which intersected 8.49 g/t Au eq. over 13.7m.

VVC Exploration Corporation announces that it has entered into a non-binding letter of intent dated April 12, 2013 with Camex Mining Development Group Inc. Pursuant to the Letter of Intent, the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence. In the Letter of Intent, the parties have agreed to, among other things, an exclusivity period within which to negotiate and conclude a definitive share purchase agreement in effect until the expiration or termination of the Letter of Intent in accordance with its terms.

From Canada, Napoleón Gómez Urrutia seeks justice for the deaths of 65 miners.

Un trabajador de la empresa minera Frisco murió en un presunto accidente laboral al interior de la mina Santa Francisca, al caer a una profundidad de 150 metros con todo y camión de montacarga.

El Tigre Silver Corp. announces that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosure. In those instances where the Company has clarified or revised previous disclosure, the Company advises readers not to rely on such statements as they may continue to be found in the public domain.

McEwen Mining Inc. is pleased to announce that a new gold zone is emerging at its El Gallo 1 Mine in Sinaloa, Mexico (Fig. 1). Nine core holes were drilled in a new area called “Central”. Drilling has returned encouraging grades and widths between two planned open pits and has opened up a large area for additional exploration. These results have the potential to both increase the size of the gold resource and extend the mine life. In addition, two holes encountered some of the deepest mineralization to date at El Gallo 1, demonstrating the potential for higher-grade underground mining. The Central Zone is open laterally (along strike) and at depth.

GoGold Resources Inc. is pleased to announce drilling results from the recently discovered Las Europas underground target within GoGold’s San Diego Project in Durango, Mexico. Seven exploratory holes were drilled to test below previously released trenching results.

Catalyst Copper Corp. announces that, further to its Press Release dated March 4, 2013, Catalyst and its wholly owned Mexican subsidiary, Minera Hill 29 S.A. de C.V., have entered into a Purchase Option Agreement dated April 9, 2013 with certain subsidiaries of Teck Resources Limited pursuant to which Catalyst has an option to indirectly acquire Teck’s interest in the La Verde property, subject to TSX-V approval.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report encouraging results from three diamond drill holes in the Rinc¨®n del Ca¨ªdo area northwest of the Platosa Mine.