Urastar Gold Corp. is pleased to announce that it has entered into a drilling contract with Layne Drilling de Mexico for Reverse Circulation drilling at the El Antimonio exploration property located in Sonora State, Mexico. A total of approximately 10,000 meters in 40 holes is planned with an anticipated start date of March 12, 2012.
Focus Gold Corp. is pleased to announce it has identified drill targets on both its porphyry disseminated project and its historic vein targets within the Huicicila project area in Nayarit, Mexico.
* Q4 profit 1.614 bln pesos vs 2.354 bln pesos yr ago
Gold Resource Corp. (AMEX:GORO) said Monday that it has hired mining engineer Rick Irvine as the companys new chief operating officer as it seeks to advance its Mexican operations.
Baja Mining Corp. (BAJ-T0.99-0.05-4.81%) lost a bid to have securities regulators intervene in what has become one of the nastier proxy battles in Canada, casting doubt on one of the company’s claims about the dissident.
Soltoro Ltd. and Argentum Silver Corp. are pleased to announce assay results from three additional diamond drill holes completed on the El Tajo vein at the Coyote property located in Jalisco, Mexico.
Argentum Silver Corp. is pleased to announce assay results from three additional diamond drill holes recently completed on the El Tajo vein at its Coyote property, located in Jalisco, Mexico.
Chesapeake Gold Corp. wishes to report on the current status of the pre-feasibility study on its 100% owned Metates project located in Durango State, Mexico. In support of the PFS, Chesapeake recently announced a new NI43-101 compliant resource for Metates (see NR2-2012) which estimates the project contains a total of 19.0 million ounces gold and 519 million ounces silver (Measured + Indicated), making it one of the largest undeveloped precious metal resources in the Americas.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/06/12 — Defiance Silver Corp (“Defiance”) (TSX VENTURE:DEF) is pleased to announce that it has made the first payment in its option agreement with IMPACT Silver Corp (“IMPACT”) to acquire the Santa Gabriela 200tpd processing plant. Defiance has the option to purchase the Santa Gabriela processing plant in the historic Zacatecas Silver District from IMPACT in return for the payment of 2,680,500 Defiance common shares and a the payment of $1,955,200 payable within two years of the signing of the option agreement or upon commercial production.
Scorpio Mining Corporation is pleased to report additional positive drill results from its San Rafael Development Project, favorably located only 19 kilometers by road from the Nuestra Señora processing facility in the Cosalá Mining District, Sinaloa State, Mexico.
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