Category: Exploration and Development

Aura Minerals Files Preliminary Economic Assessment on the Aranzazu Project and Provides Clarification on Aranzazu’s Reported Cash Costs

Aura Minerals Inc. announces that, in accordance with National Instrument 43-101 and in support of the Company’s July 18, 2012 news release, it has filed a technical report entitled “Preliminary Economic Assessment of the Expansion of the Aranzazu Mine Zacatecas Mexico” prepared by AMC Mining Consultants (Canada) Ltd. The PEA is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.auraminerals.com.

Excellon Regains Access to La Platosa Mine

Excellon Resources Inc. is pleased to announce that it has regained access to its La Platosa Mine in the state of Durango, Mexico. La Platosa has been under an illegal blockade commenced 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, affiliated with the United Steelworkers Union.

Citation Commences Targeted Geophysical Airborne VTEM Survey at Biricu and Receives Permission to Access High-Priority Area

Citation Resources Inc. is pleased to announce that further to its May 23, 2012 news release updating exploration activity in Mexico’s Guerrero State, Geotech Ltd. has now commenced flying an airborne versatile time-domain electromagnetic survey over the Biricu Gold Project. In addition, the Company has reached agreement with the Mezcala ejido granting the Company access to high-priority areas to conduct early-stage exploration activities.

Almaden Expands Ixtaca North Zone, Cuts 15.80 Meters 4.5 g/t AuEq (0.65 g/t Au and 190.2 g/t Ag)

Almaden Minerals Ltd. is pleased to announce further results from the on-going exploration drill program at the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-161, 165, 169, 173, 175, and 179. These holes were drilled into the Ixtaca North zone on sections 10+750, 10+800 and 10+850. The intersections reported today demonstrate the continuity of this zone as well as the presence of high grades locally. On these sections mineralisation was also intersected in the overlying volcanic units. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Technical Report on the Avino Property

Avino Silver and Gold Mines Ltd. is pleased to announce the results from a Technical Report on the Avino Property prepared by Tetra Tech, an independent engineering consultant commissioned by Avino. The Technical Report was filed on SEDAR on July 25, 2012, under the Company’s SEDAR profile.

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