Endeavour Silver Corp. announced on April 15, 2012 that it had entered into an agreement to acquire the El Cubo mine in Guanajuato State, Mexico and the Guadalupe y Calvo property in Chihuahua State, Mexico from AuRico Gold Inc. Endeavour hereby wishes to clarify its technical disclosure for El Cubo and GyC.
Orko Silver Corp. Orko Silver Corp. reports today that technical issues causing delays in the completion of the updated resource estimate have been solved. Orko is anticipating the results of a new independent resource estimate currently being prepared by Mining Plus, an international mining consulting firm later this month.
Starcore International Mines Ltd. is pleased to announce results from drilling at its San Martin Mine in Queretaro, Mexico.
International Northair Mines Ltd. is pleased to announce assay results from 4 infill core holes recently completed in the Las Carolinas Zone of its La Cigarra silver project, located in north central Mexico.
In return for more than doubling its share float, a Halifax junior exploration company has gained access to the equivalent of $1-billion worth of Mexican precious metals, according to an independent report.
Lone Star Gold, Inc. is pleased to announce it has made arrangements with a local processing plant to receive up to 200 tons per day of washed concentrate from the Company’s Tailings Project. The Tailings Project represents 1.2 million tons of mine tailings near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.
Riverside Resources Inc. and its partner, Sierra Madre Developments are pleased to announce drill results including 20.9 meters of 1.01 g/t gold from the first two drill holes completed as part of the 2012 drill program at the El Capitan Target (a bulk tonnage oxide gold target), which forms part of the Company’s Peñoles Project in Durango, Mexico. Drilling in 2011 tested approximately 60% of the strike extent of the zone and the objective of the current drill program (funded by Sierra Madre) is to test the down-dip extent, further test the westward strike extension, and provide sufficient drill hole density for an initial resource calculation on the El Capitan gold zone.
New soil anomalies indicate gold potential over 650 meters of strike length at Santa Catarina gold project
The Company is securing drill permits for the commencement of the first phase of drilling at Santa Catarina gold project
A ground geophysical survey prior to initial drill testing is planned to assist in target definition
Cayden Resources Inc. is pleased to announce that it has received new trench assays from the La Magnetita prospect at its Morelos Sur Gold Project. Highlights include 24m of 1.65 g/t Au, 25m of 0.72 g/t Au, and 25m of 0.52 g/t Au. The intercepts are in the western part of the five km long soil anomaly (see NR dated May 16, 2012). To date, approximately one km of the anomaly has had extensive road and trench construction with the mineralized trenches occurring over a 700m strike length (please see www.caydenresources.com for a trench location map). An additional 363 trench samples are pending assay and will be released shortly. In addition, Cayden has also been constructing a detailed geologic map of the La Magnetita area and has begun drill pad construction. The Company expects to begin drilling at La Magnetita within a week’s time.
Golden Minerals Company is pleased to announce the sale of the Company’s 1% net smelter royalty interest in the Platosa property to Excellon Resources Inc. for US$2.4 million. The Platosa property, which is located north of Torreon, Mexico, is a silver, lead and zinc mine owned by Excellon. At current metal prices, the Company was realizing approximately $400,000 per year in royalty payments. Closing of the transaction is anticipated within thirty days with an effective date of June 1, 2012.
Mexico Mining Center © 2021 / All Rights Reserved
