Alamos Gold Inc. reports fourth quarter and full year 2011 operating results. The Company is also providing its 2012 production guidance and operating, development and exploration budgets.
Argonaut Gold Inc. is pleased to announce the results from a new National Instrument 43-101 compliant, Preliminary Economic Assessment for the 100% owned La Colorada gold-silver project, located 45 km southeast of Hermosillo, Mexico. The updated PEA was completed by SRK Consulting Inc. of Denver, CO. Argonaut acquired the La Colorada project (along with the San Antonio Gold Project) through the acquisition of Pediment Gold Corp. in February of 2011. (All dollar values in this release are expressed in $US).
Alamos Gold Inc. reports fourth quarter and full year 2011 operating results. The Company is also providing its 2012 production guidance and operating, development and exploration budgets.
Prospero Silver Corp. is pleased to announce the acquisition (through staking) of an additional 9,771 hectares in the Santa Maria del Oro gold/silver district. The new ground lies to the west, south and east of the historic, high-grade Magistral vein system. With this addition, Prospero holds 16,124 hectares that virtually surround the historic Magistral del Oro mines, records for which indicate historic grades exceeded 15 g/t Au from oxides ores mined through the mid 20th century.
Axiom Gold and Silver Corp. is pleased to announce it has entered into a letter of intent for the acquisition of the Morelos Project located in western Chihuahua State, Mexico.
VANCOUVER, BRITISH COLUMBIA, Jan 06, 2012 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Company”) (tsx venture:GEX)(pinksheets:GUEEF)(frankfurt:2GU) announces the common shares of the Company are now trading in the United States under the symbol GUEEF. Guerrero anticipates this will facilitate and grow the Company’s brand name throughout the United States and ultimately add more liquidity to the Company’s shares.
Having produced an estimated 1-1.2 billion oz of silver and 5-6 million oz of gold throughout its mining history, Mexicos Guanajuato Silver District is an enduring cornerstone in the precious metals market. With more than 400 years of activity, Guanajuatos legendary mines have come to represent the wealth of Mexicos rich deposits. During the regions silver mining peak in the 1700s, the famous La Valenciana mine put Mexico on the map, accounting for two-thirds of the worlds silver production at its height.
Goldex Resources Corporation is pleased to announce the signing of a drill contract with ‘Drift de Mexico S.A de C.V’ a subsidiary of ‘Forage Orbit Garant Drilling’ for an initial drill program of up to 4000m on the company’s El Arco project located in the Durango state of Mexico.
SilverCrest Mines Inc. is pleased to announce it has completed its initial resource estimation for its La Joya Property in Durango, Mexico. Inferred Resources within the Phase I area are estimated at 57.9 million tonnes grading 28 gpt silver, 0.18 gpt gold, and 0.21% Cu. Initial resources contain approximately 51.3 million ounces of silver, 333,400 ounces of gold (16.7 million ounce of Ag Eq.) and 270.3 million pounds of copper (33.9 million ounces Ag Eq.) for a total of 101.9 million ounces silver equivalent* (Ag Eq) using a cutoff grade of 15 gpt Ag Eq.
El Tigre Silver Corp. is pleased to review its 2011 exploration program and announce objectives of the 2012 exploration program at its El Tigre silver project, located on El Tigre’s 431 square kilometer concession ownership in Sonora, Mexico.
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