Day: July 12, 2012

Almaden Hits 11.00 Meters of 1.09 g/t Au and 580.7 g/t Ag (12.7 g/t AuEq) in Ixtaca North Zone

Almaden Minerals Ltd. is pleased to announce further results from the on-going four drill exploration program on the Company’s 100% owned Tuligtic project, Mexico with hole TU-12-145 drilled into the Ixtaca North Zone, a developing parallel zone to the Main Ixtaca Zone. The intercept in hole TU-12-145 includes high grades and expands the known extent of Ixtaca North Zone. Highlights from hole TU-12-145 include the following intercepts (a more complete list of intercepts is shown in the table below):

Sierra Madre Developments and Partner Riverside Resources Announce Additional Drill Results From El Capitan in Durango, Mexico

Sierra Madre Developments and its partner, Riverside Resources Inc. are pleased to announce additional drill results from the 2012 drill program at the El Capitan Target (a near surface, shallow dipping, oxide gold deposit), which forms part of the Company’s Peñoles Project in Durango, Mexico. Drilling in 2011 (18 holes) indicated potentially economic grade mineralization over significant widths (30 to 110 meters) and good continuity of the mineralized zone over a strike length of approximately 700 meters (referred to as the Main zone – see press release dated October 24, 2011). The El Capitan Zone is exposed in the side of a low ridge and most of the 2011 program consisted of inclined holes drilled from the top of the ridge at an azimuth of 030 degrees (perpendicular to the strike of El Capitan). The current program consists of an additional 20 holes (funded by Sierra Madre) designed to test the down dip extent of mineralization and provide sufficient drill hole density for an initial resource calculation.

Capstone 2012 Second Quarter Production Results On Target

Capstone Mining Corp. today announced its operating results for the three and six months ended June 30, 2012 for its two operating mines, Cozamin and Minto. Combined production totalled 21.9 and 40.5 million pounds of copper in concentrates in the second quarter and first six months, respectively, with additional by-products of lead, zinc, silver and gold.

Admite Frisco que mina de Tetela está cerca de zonas ambientales protegidas

A pesar que desde mayo la empresa Frisco ejecuta trabajos tendientes a explotar yacimientos de oro y plata en la región de Tetela de Ocampo, apenas hace 13 días solicitó a la Secretaría del Medio Ambiente y Recursos Naturales (Semarnat) el Procedimiento de Evaluación de Impacto Ambiental para el proyecto de exploración de la minera Espejeras.

Victory Resources Corp. Completes the Transaction for the El Boleo Property

Victory Resources Corp. is pleased to announce that it has completed the acquisition of the El Boleo property from Minera Copper Canyon S.A. de C.V. a private Mexican corporation. The transaction will allow the Company to acquire up to a 100% interest in El Boleo which is located adjacent to the historic Reforma Mine, the Santo Tomas Copper-Gold deposit, and in close proximity to the Bahuerachi Copper Deposit.

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.

All News

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.