Category: Exploration and Development

Un canadiense y un estadounidense son averiguados por intimidar a un hombre y a su madre

Colibri Resource Corporation is pleased to announce progress on its Ramard silver project located near the municipality of Carbo, State of Sonora, Mexico. Colibri recently completed a comprehensive exploration program over the Ramard property, which included geologic mapping, a systematic rock and soil geochemical sampling program, and a ground-based 3D Induced Polarization geophysical survey.

ABOT Mining is pleased to announce potential production of up to 900,000 ounces of Au from processing of approximately 400,000 tons ores available on our JV Partner Mexican gold property. As reported earlier, initial flotation engineering results from the surface of the ore indicated a recovery value of 89.00% of the Au and showed 2.51 ounces of Au per metric ton of ore. This cumulative ore tonnage represents possible production of over $1.5 billion in today’s gold prices.

ASX-listed Azure Minerals has started a prefeasibility study (PFS) on its Promontorio copper-gold-silver project, in Mexico.

Paramount Gold and Silver Corp. today reported some of the highest silver grades yet discovered at its 100% owned San Miguel Project in Mexico. Nine new in-fill holes drilled into the fast-growing San Antonio silver deposit returned intercepts of 20.1 meters grading 201.89 g/T of silver and 11.45 meters grading 418.21 g/T of silver. Eight of the nine holes intersected significant values, continuing the high success rate of recent months on the San Miguel Project.

Yale Resources Ltd. is pleased to report that a comprehensive work program is now underway at the Urique Project, located in Chihuahua State, Mexico, immediately north of Goldcorp’s El Sauzal gold mine and immediately south of Kimber Resources’ Monterde Property. Work at Urique is being performed on behalf of optionee Mammoth Resources Ltd.

Geologix Explorations Inc. is pleased to announce results from the property-wide airborne geophysical survey completed over the Company’s entire 172 square kilometre Tepal project in Michoacán State, Mexico (see the Company’s news release dated December 2, 2011). Results of the survey have identified multiple new prospective exploration targets warranting immediate follow-up. See the attached geophysical map or visit the Company’s website at www.geologix.ca for more details.

Bowmore Exploration Ltd. is pleased to announce the start of a Phase One 2,500 meter diamond drill program on the CHIVAS property located in Sonora, Mexico.

Comstock Metals Ltd. declared that it has started the first phase of a drilling program on its Corona Gold-Silver Project located in the Uruachic District of Chihuahua, Mexico.

Defiance Silver Corp is pleased to announce the acquisition by staking of the 24,500 hectare blanket claim covering the historic Minerva Mining District in northern Coahuila State, Mexico. The Minerva Mining District is located 5 km west of the La Encantada Silver mine owned by First Majestic Silver Corp. which is projected to produce over 4 million oz of silver in 2012.