Category: Exploration and Development

Sonora Resources Corp., a mineral exploration and development company focused on the acquisition and exploration of international silver and gold mining properties, is pleased to announce that on February 15, 2013, the Company entered into an Asset Purchase Agreement with Yale Resources Ltd. to purchase all of the right, title and interest in and to the Los Amoles 2 and Los Amoles 3 Fracc.1 properties, consisting of 2,166 hectares located in the State of Sonora Mexico. Yale will use all commercially reasonable efforts to acquire title to the Los Amoles 4 property which is approximately an additional 2,200 hectares adjoining the Los Amoles 3 property. The Company has agreed to purchase the Property from Yale by issuing 1,000,000 of restricted SURE common shares and making cash payments totaling US$200,000.

Representantes de sindicatos canadienses documentan la presunta violación a los derechos humanos de los trabajadores mineros de la Sección 309 del Sindicato Nacional de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Similares de la República Mexicana (SNTMMSSRM) y ejidatarios y ejidatarias de La Sierrita de que son objeto por parte de la empresa minera canadiense Excellon Resources Inc.

Silver Bull Resources, Inc. is pleased to announce the drill results for the fourth of five batches of drill holes from the underground drill program twinning a series of “long holes” in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Yale Resources Ltd. is pleased to report that it has signed a formal Agreement with Sonora Resources Corp. to sell a 100% interest in Yale’s wholly owned Los Amoles Property located in Sonora State, Mexico, for US$ 200,000 and 1,000,000 shares in Sonora Resources. Yale has received $US 30,000 upon signing of the agreement and will receive the remaining US$170,000 and the shares upon presentation of transfer documentation.

Mundoro Capital Inc. is pleased to provide an update on the exploration activity at its 100% owned Camargo Property in Southeastern Chihuahua State, Mexico.

Torex Gold Resources Inc. is pleased to report that it continues to intersect high grade gold mineralization over significant widths at both the Media Luna and Media Luna West targets at the Company’s Morelos Gold Project in Mexico. At Media Luna, borehole WZML-07 intersected 36.18 g/t Au over 26.7m; borehole ML-200 intersected 12.58 g/t Au over 6.0m; borehole NEZML-12 intersected 14.71 g/t Au over 5.7m and 5.49 g/t Au over 20.3m; and borehole WZML-16 intersected 4.25 g/t Au over 13.1m. At Media Luna West, borehole MLW-05 intersected 48.0 g/t Au over 2.8m.

Mexican-focused Azure Minerals Limited is pleased to advise that the Company is now in receipt of all assay results from the latest drilling program at its Promontorio Project, located in the Mexican state of Chihuahua.

Canadian Mining is pleased to report Ironwood Gold Corp. is accelerating plans for evaluation of the Company’s San Bernardo Project. Canadian Mining entered into an agreement with Ironwood Gold Corp. which grants Ironwood an option to acquire up to 100% of the Raquel 3 and 3B mining concessions owned by the Company’s wholly-owned Mexican subsidiary Canmin Mexico S.A. de C.V., located in the Alamos Mining district of Sonora, Mexico.

Precipitate Gold Corp. is pleased to announce the Company has reached an agreement with Gunpoint Exploration Ltd. whereby Precipitate can acquire a 100% interest in the Cecilia gold-silver project in northeastern Sonora state, Mexico.

Gunpoint Exploration Ltd. is pleased to announce that it has entered into an option agreement with Precipitate Gold Corp. whereby Precipitate can acquire a 100% interest in the four concessions comprising of the Cecilia gold-silver project, in northeastern Sonora state, Mexico.