Aura Minerals Inc. announces that Mr. Fausto Taddei is stepping down as Executive Vice President and Chief Financial Officer effective June 29, 2012. The Company is pleased to announce the appointment of Mr. Rory Taylor, CA (SA) as Interim Chief Financial Officer in his stead.
NWM Mining Corporation is pleased to report exploration drill results from its wholly owned Lluvia-Jojoba gold mining project in northern Sonora, Mexico. Twenty new percussion drill holes (for 612 meters) have intersected gold mineralization on the east flank of the Gold Ridge geochemical anomaly, 900 meters west of the main mining area at the Lluvia deposit Creston Pit. These drill holes expand the lateral distribution of gold mineralization identified from percussion holes previously drilled into this structure, and define three targets for follow-up. The new drill holes, drilled to 30.6 meters depth, returned weighted average gold grades up to 0.411 g Au/tonne, and higher grade intervals up to 0.626 g Au/tonne over intervals of 15.2 meters. Individual assays up to 2.38 g/t Au were also encountered (Average gold grades for existing reserves at Lluvia de Oro are 0.50 g/t with a cut-off gold grade of 0.20 g/t). Highlights of the Gold Ridge drill results are set forth in the table below.
Urastar Gold Corp. is pleased to provide an update on drilling results at the El Antimonio property located in Sonora State, Mexico.
Cayden Resources Inc. is pleased to announce that it has mobilized a reverse circulation drill rig and commenced drilling at its La Magnetita target on its 100% owned Morelos Sur Gold Project in Guerrero State, Mexico. The drill program will test the depth extensions of 24-58 meter long + 0.5 g/t Au trench intercepts (see previous NRs dated March 5, 2012 and May 31, 2012). The area from which trench results have been received covers approximately 20% of the initial 5 km long, strong gold in soil anomaly (see NR dated May 16, 2012). Cayden has several assays in the lab from new trenches, which will likely provide additional targets in the near future.
Focus Ventures Ltd. is pleased to announce that it has commenced exploration at its recently acquired 4,430 hectare El Reventon property, Durango, Mexico.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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