Category: Exploration and Development

Cangold Limited announces that it has terminated its option agreement with Brigus Gold on the Ixhuatan Gold Project in Chiapas, Mexico.

Paget Minerals Corp. announced today that it has entered into an option agreement with Sundance Minerals Ltd. whereby Paget can earn up to a 60% interest in the San Ricardo Gold-Silver Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico.

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”.

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.

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.

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).