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.
Agnico-Eagle Mines Limited (“Agnico-Eagle”) announced today that it has acquired the remaining 5,032,139 common shares (the “Shares”) of Grayd Resource Corporation (“Grayd”) not already owned by Agnico-Eagle, representing approximately 5.23% of the outstanding Shares on a fully-diluted basis, pursuant to a previously announced compulsory acquisition carried out under the provisions of the Business Corporations Act (British Columbia) (the “Compulsory Acquisition”). Following completion of the Compulsory Acquisition, Agnico-Eagle now owns 96,261,039 Shares, representing 100% of the outstanding Shares on a fully-diluted basis.
Oro Mining Ltd. announces the results of the sonic drilling campaign conducted in 2011.
First Mexican Gold Corp. is pleased to announce that it has completed its 80% option earn-in on the Guadalupe property in Sonora State, Mexico, from Minera Internacional Milenio S.A. de C.V., a wholly owned subsidiary of International Millennium Mining Corp. The option agreement was subject to First Mexican Gold having to spend a total of US$4 million dollars on the project.
Vendome Resources Corp. is pleased to announce additional high grade chip and channel samples from its San Javier Mine property located within the municipality of Malinaltepec, State of Guerrero, Mexico.
Riverside Resources Inc. is pleased to report positive results from excavator trenching reporting assays up to 1.4 g/t Au and providing further evidence to support the model that trenching has exposed the upper levels of a newly discovered, low sulfidation epithermal district. Trench results included 3.4 metres @ 0.65 g/t Au (including 1.7m of 1.2 g/t) and 15.89 metres @ 0.18 g/t Au (including 3.1m of 0.53 g/t). Results showed very encouraging dissemination beyond vein controls. Riverside and partner Mexigold Corp. are set to commence drilling shortly on the trench and rock assay target areas.
Almaden Minerals Ltd. (AMM.TO), which lost more than 4% yesterday, announced results from the 2011 drilling program on the company’s 100% owned Tuligtic project, Mexico, with holes TU-11-69, 75, 77 to 80, 82 To 87 and 89 to 92.
Bowmore Exploration Ltd. is pleased to announce that all necessary permitting and road access has been completed on the Chivas property located in Sonora, Mexico, in preparation for the upcoming drill program. The Chivas property is optioned from Amex Exploration Inc. (AMX: TSX-V). The company completed 20 km in road maintenance and widening and also completed 12 km in road construction to allow access for a conventional drill rig to the targeted zones identified by previous work programs. Work began in early December 2011 and was recently completed with access to the Silica Cap, Mesa Blanca, and the Mesa zones. All drill pads have been prepared to test the IP and TerraSpect anomalies along the mentioned altered zones where previous exploration work in 2010 and 2011 identified a large low sulphidation epithermal system and the discovery of a large silica zone within the Chivas property (see news releases dated October 26, 2010, July 14, 2011 and November 21, 2011).
First Majestic Silver Corp. is proud to announce that the new La Parrilla flotation/cyanidation plant was inaugurated in a ceremony at the La Parrilla Silver Mine in the State of Durango, Mexico on January 19, 2012, in which approximately 150 people attended including several Mexican Federal, State and Municipal authorities. The Federal Government was represented by the Lic. Jimena Valverde Valdez, General Coordinator of Mining for the Secretary of the Economy while the State of Durango was represented by Ing. Hector Vela Valenzuela, Secretary General of the Governor of Durango, both of whom declared the new plant as officially open.
Vancouver, Canada – January 24, 2012 – Endeavour Silver Corp. (NYSE: EXK, TSX: EDR, Frankfurt: EJD) released today a review of the Company’s exploration results in 2011 and its exploration plans for 2012.
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