Category: Exploration and Development

El legislador Lauro Sánchez advierte que el plan de explotación cielo a vierto para la obtención de oro pone en riesgo los manantiales de la región

Orex Minerals Inc. in conjunction with their project partner Fresnillo have selected Kluane Drilling Ltd. as the service provider for a 12,000 metre drilling program on the Coneto Silver-Gold Project in Durango, Mexico.

“We are pleased to have closed the $5 million Facility with SRLP at this time,” reported Gordon Cummings, President and CEO of Kimber Resources. “Kimber appreciates this supportive cash funding from the Sprott Group and will continue to advance the Monterde project in the prolific Sierra Madre gold-silver belt in Mexico.”

Tara Minerals Corp. is pleased to announce that work is under way to develop a district wide production plan. Tara currently has 100% ownership in over 25,770 acres in the Don Roman district. The first district project to reach commercial production is expected to be the Champinon iron ore property. The cash flow from this initial 2012 production project will be leveraged to mine the known gold, silver, zinc and lead veins within the district.

International Northair Mines Ltd. is pleased to announce that it has completed an initial core drill program at its Sierra Rosario silver gold project located in the state of Sinaloa, Mexico.

Arian Silver Corporation a silver exploration, development and production company with a focus of projects in the silver belt of Mexico announces its wholly owned subsidiary, Arian Silver de Mexico SA de CV is in dispute with the owner of the toll mill which is contracted to process ore from the trial mining operation at the San Jose mine in Zacatecas State in Mexico; this has resulted in the suspension of milling operations.

Timmins Gold Corp. announces that it has started an initial 5,000 metre core drill program at its San Onesimo project in Zacatecas, Mexico. The San Onesimo project consists of 5 claims covering a surface of approximately 6,400 ha. The project is in a prolific mining district and is located 16 km to the northeast of Goldcorp’s Camino Rojo project and 80 km southeast of Goldcorp’s Penasquito mine.

As reported on May 11 and July 3, 2012, the Company’s public disclosures on mineral resource estimates regarding the Company’s Avino property in Durango, Mexico, have been under review by the British Columbia Securities Commission.

As Mexican authorities crack down on drug trafficking, criminal gangs are increasingly moving into the illicit trade in minerals, with some even operating their own mines and selling the resources to international corporations.

Endeavour Silver Corp. released today its updated NI 43-101 reserve and resource estimates to June 1, 2012 for its newly acquired El Cubo Mine, which comprises the southeastern part of the Guanajuato mining district located in Guanajuato State, Mexico.