Azure Minerals Limited is pleased to announce it has successfully negotiated a 24 month extension of its Exploration Contract and Purchase Option Agreements over the Company’s high grade Promontorio Copper-Gold-Silver Project, located in Chihuahua State, Mexico.
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.
Starcore International Mines Ltd. has filed the results for the quarter and six months ended January 31, 2012, for the Company and its mining operations. Over the second quarter ended January 31, 2012, the Company is pleased to report record quarterly results, including revenues of $15.0 million, earnings from mining operations of $5.5 million and earnings for the period of $3.5 million, which includes a net $0.1 million realized and unrealized gain on forward sales contracts. The basic and diluted income per share for the quarter ended January 31, 2012 was $0.03. Over the six months ended January 31, 2012, the Company reports revenues of $35.4 million, earnings from mining operations of $12.8 million and earnings for the period of $6.7 million, which includes a net $3.0 million realized and unrealized loss on forward sales contracts. The basic and diluted income per share for the six month period ended January 31, 2012 was $0.06 and $0.05, respectively.
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.
Minaurum Gold Inc. is pleased to announce drill results from its recently completed Phase One, 1,403 metre drilling program on the 100%-owned Capilla project in Sinaloa state, Mexico. Seven holes were drilled along a 1.2 km-long trend of parallel veins and stockwork quartz veining. Hole CA-11-02 intersected a five metre wide vein averaging 140 g/t (4 oz/T) Silver; 0.08 g/t Gold; 0.4% Lead and 1% Zinc. This intercept includes a 0.5m wide high grade zone of 1,375g/t (40 oz/T) Silver; 0.6 g/t Gold; 1.1% Copper; 3.6% Lead and 9.6% Zinc. Holes CA-11-01, 11-02, and 12-07 also intersected two additional veins. They also report significant values. The remaining four holes were drilled along strike to the south and at lower elevations, and report only anomalous values.
Silvermex Resources Inc TSX:SLX announced drill results from its La Guitarra mine in the Temascaltepec Mining District, Mexico.
Vista Gold Corp. today provided an overview of the Company’s recent operating highlights and selected financial results and highlights for the year ended December 31, 2011. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities on March 14, 2012.
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.
United States Antimony Corporation reported record sales of $13,118,090 for 2011 up 45% over $9,073,324 of 2010. Pre-tax income for 2011 was $742,530 up 138% from $312,213 recorded in 2010.
McEwen Mining Inc is pleased to provide an operational and development update for its projects in Argentina, Mexico and Nevada.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
