Day: January 5, 2012

Golden Fame (V.CFA) has stepped in as the newest participant in the mineral-rich Guanajuato district with its historical Algun Dia gold-silver-copper project

Having produced an estimated 1-1.2 billion oz of silver and 5-6 million oz of gold throughout its mining history, Mexico’s Guanajuato Silver District is an enduring cornerstone in the precious metals market. With more than 400 years of activity, Guanajuato’s legendary mines have come to represent the wealth of Mexico’s rich deposits. During the region’s silver mining peak in the 1700’s, the famous La Valenciana mine put Mexico on the map, accounting for two-thirds of the world’s silver production at its height.

Goldex Resources Sign Drill Contract for 4000m Drill Program at El Arco

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 Announces Initial Resources at La Joya Property; +100 million Ounces Silver Equivalent*

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.

Silver Standard Announces Appointment of Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 01/05/12 — Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) (“Silver Standard” or the “Company”) today announced the appointment of Gregory J. Martin as Senior Vice-President and Chief Financial Officer of the Company, effective January 31, 2012.

Serengeti Identifies Large Geophysical, Geochemical Target Associated with Gold-Bearing System at Victoria; Plans Follow up Drilling

Serengeti Resources Inc. has received results from a recently completed Induced Polarization survey on its Victoria project, located in the state of Chihuahua, Mexico. The survey has identified a strong, 50 to 200 meter wide, 2.2 kilometer long, open-ended, IP chargeability anomaly associated with outcropping gold-silver mineralization, grading up to 2.0 g/t Au, 5.6 g/t Ag over 22 meters.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.