Category: Exploration and Development

Bell Copper Corporation is providing the following update on its La Balsa project in Michoacan, Mexico.

El Tigre Silver Corp. is pleased to report that its 2012 core drilling program at its El Tigre silver project has started on schedule. The El Tigre silver project is located on concessions that are part of the Company’s 431 square kilometer concession ownership in Sonora, Mexico.

Southern Silver Exploration Corp. reported today that recently received assays from 2012 drilling have identified silver-enriched high-grade polymetallic mineralization in several separate target areas on the Cerro Las Minitas project, located in Durango State, Mexico.

SilverCrest Mines Inc. is pleased to announce the results of the first six holes of 18 Phase II core holes (approx. 8,000 metres) completed to date at its La Joya Property in Durango, Mexico. Phase II contemplates a total of 80 holes (approx. 15,000 metres) and drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest from the current resource area.

Serengeti Resources Inc. is pleased to announce that its Mexican subsidiary Cia. Minera FB Integral SA de CV, has begun a drilling program that will test high priority gold-silver targets on three properties located in Southern Chihuahua State, Mexico. A total of 3000 to 4000 meters of reverse circulation (RC) drilling will be completed in approximately 25 holes. Drilling has been initiated at the Victoria property where a large scale sediment-hosted gold target has been identified. The drill will then proceed to the Cuates property where a number of locally high grade gold-silver veins and structures have been identified and finally move to the Dorado property, where one to two holes will test a large scale geochemical response.

Hace casi dos años, la minera canadiense Goldgroup vendió al Grupo Carso —Frisco— un proyecto de extracción de oro en la región conocida como “El Porvenir” en Aguascalientes. El grupo canadiense aseguró que los 25 millones de dólares de aquella operación con Carlos Slim se utilizarían para fortalecer otro proyecto en Veracruz, también de extracción de oro.

Cangold Limited is pleased to announce that it has commenced a metallurgical testing program for the Ixhuatan Gold-Silver Project in Chiapas, Mexico. Cangold is earning a 75% interest in the Ixhuatan project through its own wholly-owned Mexican subsidiary, Coboro Minerales de Mexico, S.A. de C.V.

Avino Silver and Gold Mines Ltd. is pleased to announce results from an updated NI 43-101 compliant Technical Report: Tailings Retreatment Process Option for the Avino mine tailings in the Durango mining district of Mexico. The technical report was completed by Tetra Tech Wardrop.

Mexivada Mining Corp. is pleased to announce that its optionee partner California Gold Corp. is scheduling an April 2012 start-up for an exploration drilling program at the Company’s AuroTellurio Project, located in the La Bambolla gold-tellurium mine area near Moctezuma, Sonora, Mexico, northeast of Hermosillo. Six core holes are planned to be drilled by California Gold as part of this initial program involving a total of 3,000 meters of diamond drilling. Geologic work, supplemented by two geophysical surveys, has delineated three initial drilling targets within the AuroTellurio property.

Mexigold Corp. is pleased to report on recently completed drilling at both the Catrina and Pedernal projects in Durango, Mexico. Riverside Resources is the operator of Mexigold’s exploration program in Mexico.