Category: Exploration and Development

Excellon Resources Inc. is pleased to announce the ending of the illegal blockade at the Company’s La Platosa mine in the state of Durango, Mexico, which had been ongoing since July 8, 2012 by the Ejido la Sierrita with the assistance and funding of the non-governmental organization ProDESC and the Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana, which is affiliated with the United Steelworkers.

McEwen Mining Inc. is pleased to announce results of the Feasibility Study for its 100% owned El Gallo Phase II in Sinaloa, Mexico. The Feasibility Study was prepared by M3 Engineering, Independent Mining Consultants and SRK Consulting in accordance with the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects”.

Silver Bull Resources, Inc. is pleased to announce another batch of drill results from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

San Marco Resources Inc. has received geochemical and geophysical results from continuing exploration at the Angeles property, Sonora State, Mexico. Underground workings, apparently 90 — 100 years old have been accessed, however most areas of previous mining activity have collapsed. At the end of one short inclined shaft, geologists were able to sample the mineralized structure (massive hematite with malachite and chrysocolla) approximately 70m below surface that was not mined in the past.

Almaden Minerals, a mineral exploration firm, has declared that additional results has been reported from the current exploration drilling carried out at the Tuligtic project in Mexico.

Canada’s Excellon Resources Inc, which in August declared a force majeure at its silver mine in Mexico due to a blockade at the site, said the Mexico government canceled Thursday’s scheduled meeting with local land holders.

Riverside Resources Inc. and its partner, Sierra Madre Developments provide an update on progress at the 350 km² Peñoles Project in Durango, Mexico. Riverside continues to have a strong cash position with $9,000,000 and major partners funding exploration work in Canada and Mexico. The Company is pleased with progress at its Peñoles project where a partially defined oxide gold prospect (referred to as El Capitan), two historic silver mines that have never been systematically drill tested (Jesus Maria and San Rafael) and multiple early stage targets are hosted within a district scale land package that covers more than half of the historic Peñoles Mining District.

Bacanora Minerals Ltd. is pleased to announce the completion and filing of an NI 43-101 Technical Report in respect of its Sonora Lithium Project in Sonora, Mexico with a total inferred resource of 43,324,000 tonnes bearing an average grade of 3,005 Li ppm or 1.6% Lithium Carbonate Equivalent (“LCE”) for 712,000 tonnes of LCE(1).

Cayden Resources Inc. is pleased to announce that it has received additional soil and rock results from the eastern part of the La Magnetita gold anomaly located at the Morelos Sur project, Guerrero State, Mexico. These results have significantly increased the size of the +100 ppb Au-in-soil anomaly (now over 5.4 km X 5.4 km from a previous extent of 5.0 X 3.7 km). The large anomaly now shows an impressive 2km square area with mostly +0.5 g/t Au-in-soils (see map on website).

The company is pleased to announce that it has discovered another previously unknown existing mine on the La Yesca property just North of the recently discovered La Leona Mine. This prospect, now named La Leona II, is between the La Leona and Las Cuatas mines approximately 125 meters straight north of the La Leona mine entrance. In this area of interest, 36 test samples were taken and are being submitted for analysis. The site appears interesting as there is evidence of modular to strong movement of hydrothermal fluids, quartz-pyrite in veins, and fractures with quartz infills, matrix supported silicified breccias and some evidence of potassic alteration (potassic feldspar, biotite, etc), red jasperoids, coarse grained quartz with overgrowths in open space approximately 10 centimeters and smaller. The width of the structure appears to widen at a depth of 1.6 metres. Site preparation, channel sampling, and mapping is being done between Las Cuatas and La Leona.