Category: Exploration and Development

Illegal Work Stoppage at El Cubo Lease Facilities

Endeavour Silver Corp. announces that an illegal work stoppage is now underway that is currently blocking Company management and subsidiaries personnel from accessing certain facilities held under lease near the El Cubo mine located in the state of Guanajuato, Mexico. To date, the blockade has been relatively peaceful.

Santacruz Amends Terms of San Felipe Agreement

Santacruz Silver Mining Ltd. is pleased to announce that its subsidiary, Impulsora Minera Santacruz S.A. de C.V. has been successful in negotiating improved payment terms with Minera Hochschild Mexico S.A. de C.V. allowing Impulsora to extend out payments to acquire a 100% interest in the San Felipe project located near Hermosillo, Sonora, Mexico.

MAG Silver Mobilizes to Start Phase 2 Drill Program on Canasil’s La Esperanza Project in Durango and Zacatecas States, Mexico

Canasil Resources Inc. announces that MAG Silver Corp. has mobilized crews to prepare for the start of the Phase 2 drill program in early October 2012 at Canasil’s La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. Plans include up to 3,500 metres of diamond drilling to test three silver-lead-zinc veins in the northwest of the project area. This drill program will be part of the CAD$1,500,000 exploration expenditures required between September 2012 and September 2013 under the option agreement for MAG to earn a 60% interest in the La Esperanza project.

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