Category: Exploration and Development

Silvermex Resources Inc TSX:SLX announced drill results from its La Guitarra mine in the Temascaltepec Mining District, Mexico.

Virgin Metals Inc. is pleased to announce that it has signed a 25-year agreement with owners of the property hosting the Company’s recently acquired Potreritos concessions.

McEwen Mining Inc is pleased to provide an operational and development update for its projects in Argentina, Mexico and Nevada.

Newstrike Capital Inc. is pleased to announce the results of the first series of holes completed in the 2012 drill program at the Company’s 100%-owned Ana Paula Project, Guerrero Gold Belt. These drill results are from an exploration and delineation program begun in October of 2010 that continues to test a one by two kilometer exploration target area as defined by anomalous surface gold geochemistry and underlying geophysical anomalies. The results reported here include two drill holes from the ongoing delineation of the high grade Breccia Zone discovery located in the southeast quadrant of the target area, reports results from two holes located in the southwest quadrant that are part of program to follow up the new discovery announced with AP-11-67 (November 28th, 2011 press release), and reports on two drill holes located in the northeast quadrant that are from an ongoing step out drill program that continues to explore new targets.

Levon Resources Inc. is pleased to announce the filing of the Preliminary Economic Assessment for its 100%-owned, 20,000-hectare (49,400-acre) Cordero Project in northwest Mexico, the results of which were previously announced on January 30, 2012.

Silvermex Resources Inc. announces underground drill results from its La Guitarra mine, located in the Temascaltepec Mining District in the State of Mexico. A total of 91 underground drill holes have been completed for a total of 7,636 m. This drilling completes the 7,500 m drill program proposed in 2011, which was designed to test the continuity of various structures underground throughout the La Guitarra Mine. Drilling is ongoing by two contractor rigs and two rigs owned by the mine.

34% Increase in Inferred Resources Over 2011

NSX Silver Inc. and NSGold Corporation are pleased to announce the commencement of the Phase 1 drilling program on the Dios Padre Project located in the Sierra Madre Occidental region of the State of Sonora, Mexico.

Dia Bras Exploration Inc. is pleased to announce results of drilling and sampling of veins at its La India project in the Cusi property, Chihuahua, Mexico. Drilling has been conducted on the Durana and Saturno veins (see figure 1:Map of the La India Area) and the San Jose vein has been sampled along its strike length where the vein is exposed in old pits and stopes.

Stroud Resources Ltd. is pleased to announce the latest results from its drill program at the Santo Domingo project in central Mexico. The three drill holes were drilled on section 5829 North, below DDH-42 (see December 1, 2011 press release) and above DDH-11. These holes trace the mineralization 175 metres down dip.