Category: Exploration and Development

Oremex Silver Reports 5.5 Meters of 212.26 g/t Silver from Underground Drilling at Chalchihuites

Multiple Mineralized Structures Were Found in All Holes – Hole 2 Assayed 5.5 M of 212.26 g/t Ag Including 1.7 M of 563 g/t Ag – Hole 3 Assayed 5.4 M of 28.56 g/t Ag and 0.82 g/t Au Including 1.4 M of 56.60 g/t Ag and 2.54 g/t Au – Additional Drilling Being Planned to Follow the Strike and Dip Extent of the La Purisima Structure as Well as Other Structures and Skarn/ Replacement Mineralization

Evrim Signs Regional Alliance Agreement

Evrim Resources Corp. is pleased to announce the signing of a three-year Regional Alliance Agreement with Newmont Ventures Limited for generative exploration within study areas in the Trans Mexican Volcanic Belt in Mexico. The Alliance will focus on identifying gold, silver, and gold-copper porphyry targets using Evrim’s generative capabilities in Mexico and Newmont’s proprietary bulk leach extractable gold analysis.

Arian Silver Reports Further Encouraging Exploration Progress at San Jose

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced further encouraging results from the Company’s Phase 4 exploration drilling programme together with the completion of a geophysical induced polarisation survey at its 100% owned San José Property located in Zacatecas State, Mexico.

Minaurum Outlines Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt

Minaurum Gold Inc. is pleased to announce that it has outlined multiple coincident geological, geochemical, and geophysical targets at its 8,831-hectare Vuelcos del Destino project in southern Mexico. The Vuelco’s project lies 20km from Goldcorp’s 9Moz Los Filos Gold Mine within the 15M oz Guerrero Gold Belt. The property was acquired from geologist David M. Jones, who is credited with the discovery of the Los Filos deposit. Drill permitting is underway.

Highvista Gold Inc. Reports on 2011 Drill Program at its Canasta Dorada Gold Project

Highvista Gold Inc. is pleased to report on the results of its 2011 drill program at its 100% owned Canasta Dorada Gold Project, located within the Sonoran Gold Belt, in Sonora State, Mexico. This phase of drilling included fourteen reverse circulation drill holes totaling 2,055 meters. Drilling was focused on three priority targets; Big Pit, La Republicana, and Las Quintas. Drilling commenced in early October and was completed in late November.

Goldgroup Announces Additional Positive Drill Results

Goldgroup Mining Inc. is pleased to announce that additional drill holes at the Company’s 100%-owned Caballo Blanco gold project in Veracruz, Mexico have yielded significant gold intercepts, expanding the La Paila oxide gold zone to the southwest. All ten drill holes reported below are part of the ongoing diamond drilling program to define the La Paila Zone at Caballo Blanco. Of the ten drill holes reported below, eight of these drill holes were used to expand the southwestern flank of the La Paila Zone, as the zone currently remains open in this direction.

Bearing Advances Parrandera Gold-Copper Project, Durango, Mexico; Adit Channel Samples Return 20 Metres Grading 2.58 g/t Gold & 0.33% Copper

Bearing Resources Ltd. is pleased to announce results from its Parrandera gold-copper (+/-zinc +/-silver) prospect in the Mapimi area of northeast Durango, Mexico. Sampling from an adit constructed by historic miners returned a 20 metre weighted average interval grading 2.58 g/t gold and 0.33% copper. Samples collected the full length of the 92.73 metre long adit returned a weighted average of 0.86 g/t gold and 0.15% copper.

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