Mineral exploration company, Evrim Resources has released the first assay results from the drill program, which is being conducted at the Suaqui Verde project located in Sonora, Mexico.
Source Exploration Corp. reported today that drilling at its Las Minas project has intersected high-grade gold, silver and copper mineralization and extended the mineralized skarn zone by a further 125 metres on strike for a total known strike length of approximately 840 metres.
Canasil Resources Inc. announces that MAG Silver Corp. has completed three drill holes to date at the La Esperanza silver project in Durango and Zacatecas States, Mexico, and all three holes have intersected quartz vein and quartz vein breccia. Visible base metal sulphides have been noted. A fourth hole is in progress as part of a planned 4,000 metre drill plan for 2012. Assay results for these intercepts have not been received and will be announced when available.
Santa Fe Metals Corp. is pleased to announce assay results on channel and grab samples taken from and the Santa Anita Gold Dyke system on its Cuyoaco property in Puebla state, Mexico.
Oroco Resource Corp. reports that it has reached important milestones in advancing its Cerro Prieto gold and silver project toward production.
Kimber Resources Inc. is pleased to announce ongoing drill results from an additional 14 drill holes at its Monterde gold/silver project in Mexico, including eight holes drilled at Carmen and six holes drilled at Veta Minitas. Of particular interest is drill hole MTC-142A, which intersected a new structure containing 7 metres of 18.3 g/t gold and 374.3 g/t silver. This wide and high-grade gold-silver intersection is located northeast of other known structures in the Carmen deposit and is believed to be a parallel or semi-parallel structure to the current structures that make up the Carmen deposit. The new structure has been named “Cocos” and is geologically different from the other structures at Carmen being characterized by bright white quartz and quartz breccia, not the silicification seen in other gold-silver mineralized structures at Carmen. In addition, from the review of Cocos core samples, the base metal sulphides occur as thin veinlets and are finer grained than the sulphides encountered in the Carmen structure in hole MTRD-476 (which intersected 4.9 metres of 78.4 g/t gold and 127.9 g/t silver, as announced May 31, 2011). Also significant is hole MTRD-512 which intersected 8.6 g/t gold and 326.2 g/t silver over 5m in the footwall of the Cob structure.
San Marco Resources Inc. is continuing exploration on its Los Carlos gold/silver prospect in Sonora, Mexico. The property is located 40 km west of the town of Trincheras, 18km south of GoldGroup’s Cerro Colorado mine and 85 km west of Timmins Gold’s San Francisco mine.
International Millennium Mining Corp. is pleased to announce that First Mexican Gold Corp has completed its 80% option earn-in on the Hilda/Guadalupe property in Sonora State, Mexico, from the Company’s wholly owned subsidiary, Minera Internacional Milenio S.A. de C.V. The option agreement was subject to FMG spending a total of US$4 million dollars on the project.
Amex Exploration inc. is pleased to announce that all necessary permitting have been obtained and all road access have been completed on the Chivas property in Sonora, Mexico. The Chivas property, optioned to Bowmore Exploration Inc., is composed of two claims covering over 24,841 hectares situated at 15 kilometres to the west of the Dolores Mine owned by Minfinders Corporation Ltd. Geologically, the property is located within the Sierra Madre Occidental gold belt of Mexico wich hosts reserves of more than 40 million ounces of gold and 2 billion ounces of silver.
Galore Resources Inc. completed a track-drill sampling program on its El Álamo claim, part of the Company’s 100%-owned Dos Santos project in the Mazapil-Camino Rojo trend of the Concepción del Oro district, Zacatecas, Mexico. The program results produced strong gold numbers that justify a more extensive exploration program at El Álamo.
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