Category: Exploration and Development

Source Exploration Corp.: Step-Out Drilling at Las Minas Project Intersects 4.30 g/t Gold, 7.55 g/t Silver and 2.91% Copper Over 8.0 Metres

Source Exploration Corp. reports that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property, Mexico The drilling has extended the high-grade discovery zone a further 35 metres to the west of discovery hole LM-SC-12-45, which returned 15.89 grams per tonne gold (g/t Au), 12.98 grams per tonne silver (g/t Ag) and 2.25% copper (%Cu) over 10 metres. Drill hole LM-SC-12-57 returned 4.30 g/t, 7.55 g/t silver and 2.91% copper or 8.88 g/t Au Eq over 8.0 metres. The high-grade zone has now been outlined by detailed drilling over a strike length of 55 metres, with widths varying from 4.0 to 28.0 metres and extending approximately 150 metres down-dip. The high-grade core of gold, silver and copper mineralization is contained within a larger mineralized envelope measuring approximately 87 metres on strike, and remains open both down-dip and along strike to the Northwest.

Niega José Luis Márquez apoyo a proyectos de mineras

El diputado José Luis Márquez negó tajantemente haber participado en una reunión en la que legisladores federales supuestamente intentaron exhortar a habitantes de la sierra poblana para que permitan la instalación de empresas mineras en la zona.

Soltoro’s Equity/Royalty Partner Intercepts 2.90 Metres of 499 GPT Silver and 1.44 GPT Gold From the El Tajo Vein at the Coyote Project

Soltoro Ltd. holds a total of 6,968,000 common shares of Argentum Silver Corp. and is completing the transfer of 100% of the mining rights to the Coyote property to Argentum Silver Corp. Upon transfer, Soltoro will retain a 3% Net Smelter Return interest in Coyote whereby 1% can be purchased by Argentum Silver for US$1.5 million to a maximum of 2%.

Quaterra Discovers New Silver Zone at Nieves

Quaterra Resources Inc. and its 50% joint-venture partner Blackberry Ventures I, LLC, today announced assay results from eight core holes totaling 3,060 meters completed between August and October 2012 at their Nieves silver property in northern Zacatecas, Mexico.

AuRico Gold Reports Fatalities at El Chanate Mine

AuRico Gold Inc. regrets to report the fatal injury of two contractors at its El Chanate mine, located 37 kilometres northeast of Caborca in Sonora State, Mexico. The accident occurred in the afternoon of November 13, 2012 when a pressure vessel in one of the three separate ADR processing plants ruptured.

Endeavour Silver Extends High Grade Silver-Gold Mineralization on the Milache Property Near the Guanacevi Mine in Durango, Mexico; Drilling Intersects 10,990 gpt Silver and 25.1 gpt Gold Over 0.22 m Width

Endeavour Silver Corp. announces that exploration drilling on Endeavour’s Milache Property near the Guanacevi Mine in Durango State, Mexico has extended the high grade silver-gold mineralization along the Santa Cruz vein to more than 250 meters (m) long by 250 m deep, still open for expansion.

Vendome Releases Its NI 43-101 Report for the Company’s Mexico Properties

Vendome management is pleased to announce that a 43-101 compliant technical report, prepared by Broad Oak Associates entitled “Technical Report on the Polymetallic Resources on the San Javier, La Diana, and San Miguel Properties, State of Guerrero, Mexico” is available for review on the company’s website www.vendomeresourcescorp.com .

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