Southern Silver Exploration Corp. reports thatFreeport-McMoRan Exploration Corporation has completedits due diligence under an Earn-In Agreement relating to the Cerro Las Minitas project in Durango, Mexico.
Mexus Trinidad, association operated by Mexus Enterprises S.A. de C.V. has begun its operations on the joint venture properties in the State of Sonora, Mexico. The first objective was to establish the details of the new organization of the two companies Mexus Enterprises S.A. de C.V. and Trinidad Pacifica S. de R.L. de C.V. the company which currently owns the leases and concession rights to the mining properties. This transition is completed and working well.
Paget Minerals Corp. announced today the drill results from the first-ever drilling on the Santa Cruz Target within the San Ricardo Gold-Silver Project.
Auramex Resource Corp. announces that a 500 metre diamond drill program is underway at its Mexican property 20 kilometres north of Culiacan, Sinaloa.
Orex Minerals Inc. and Astral Mining Corporation announce that further to their joint press release dated October 15, 2012, they have entered into an arrangement agreement which provides for, among other things, the acquisition by Orex of all of the issued and outstanding common shares of Astral by way of a court approved plan of arrangement pursuant to the Business Corporations Act (British Columbia).
Southridge Enterprises Inc. is pleased to announce the completion of the drill program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed at Gran Cabrera Mine and bringing the drill density to a higher level which is more suitable for a mineral resources estimation.
SilverCrest Mines Inc. is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Seventy nine holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. To date, this drill program has been successful and will assist with resource confirmation and conversion which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.
Sundance Minerals Ltd. is pleased to announce that it has completed the Phase 1 diamond drilling program at the San Ricardo property in Sonora, Mexico. Twelve holes were drilled along a 200 meter strike length of the Santa Cruz fault/vein target and two additional holes (SR12-12&13) were drilled on the Mina Antigua vein. Results are detailed in the following table.
The Board of Directors of Dia Bras Exploration Inc. is pleased to announce that the corporation has changed its name to Sierra Metals Inc. effective December 5, 2012. Accordingly, a new website for the Company is now online at www.sierrametals.com.
Citation Resources Inc. is pleased to announce preliminary results of its airborne versatiletime-domain electromagnetic (“VTEM”) survey completed in October 2012over a substantial portion of the Biricu Gold Project located withinMexico’s Guerrero gold belt.
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