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 holes TU-12-135 and 151 through 158.
United States Antimony Corporation accelerates its exploration/development plan at the Los Juarez antimony/silver/gold property in Mexico while sharply increasing its milling and smelting capacity.
Santa Fe Gold Corporation today announced that it is offering up to 12,500,000 units for sale to existing stockholders, with each unit consisting of one share of common stock and a warrant to purchase an additional share of common stock. Each unit will be offered for sale at a price of $0.40. Each warrant has an exercise price of $0.60 per share of common stock, and is exercisable for a period of three years commencing immediately. The shares of common stock and the warrants will be issued separately but will be purchased together in the offering.
SilverCrest Mines Inc. is pleased to announce an update on activities for the Santa Elena Mine Expansion Plan and the ongoing Phase II La Joya drill program in Mexico. The Santa Elena Mine expansion remains on schedule, targeting a 100% increase in metal production commencing in 2014. Resource definition drilling and extensive metallurgical test work continues at La Joya with an anticipated Q4, 2012 resource update. The most significant activities are outlined below. For more information and to view photos and videos, please visit the Companys website at www.silvercrestmines.com.
Silver Bull Resources, Inc. is pleased to announce further to its news release dated May 22, 2012, it has filed its updated NI43-101 Technical Report titled “Technical Report on the Sierra Mojada Silver Project, Coahuila State, Mexico” dated July 5, 2012 on SEDAR at www.sedar.com. The Technical Report completed by SRK Consulting Inc. contains an updated resource estimate which represents a 39% increase in the open pittable silver resource of the Shallow Silver Zone at a 15 g/t cut-off, previously reported by Silver Bull in the NI43-101 Technical Report released in November 2011. The updated resource also represents a 52% increase in the number of silver ounces of the Shallow Silver Zone that now report in the “measured and indicated” category.
Silver Scott Mines, Inc. is pleased to announce the receipt of mining and processing permit approval from Semarnat (“Secretaria de Medio Ambiente y Recursos Naturales”), the Mexican Federal environmental agency, and the associated granted Change of Use of Soil zoning for mining within 20 hectares. Payment for change of Soil Use zoning for the site changing from agriculture to mining was made in connection with the mining permit.
Baja Mining Corp’s largest shareholder, Mount Kellett Capital Management LP, said it will not provide debt or equity financing for the Canadian miner’s Boleo copper-cobalt-zinc project in Mexico.
Gryphon Gold Corporation, a gold exploration, development and production company focused on its Borealis Oxide Heap Leach Project in Nevada regretfully announced today the death of Donald W. Gentry, a member of its Board of Directors, on Monday, July 2, 2012. Dr. Gentry, 69, had served as a director of the Company since 2005.
North American labour and civil society groups will be watching closely today to see if Canadian mining company Excellon Resources allows workers at its silver mine in Mexico to have a free and democratic vote to join a union.
Prospero Silver Corp. announced today that it has granted stock options to purchase 1,025,000 common shares in the capital of the Company to various directors, officers and employees of the Company. The stock options are exercisable at a price of $0.10 per share for a period of five years from the date of issuance in accordance with the policies of the TSX Venture Exchange (the “Options”). Stock options granted to employees will be subject to a vesting schedule with 1/3 to vest immediately, 1/3 to vest six months from the date of grant and the remaining 1/3 to vest one year from the date of grant.
Mundoro Capital Inc. is pleased to announce (i) the final results of geophysical surveys from its 100% owned Camargo property in Chihuahua, Mexico and (ii) the preparation of a drilling program to test the strong Induced Polarization chargeability and associated resistivity anomalies with approximately 1500 meters over 6 drill holes. The strong chargeability anomaly can be traced, in plan view, over a strike length of approximately 800 meters on three geophysical lines and varies between 550 meters to 700 meters in width. The chargeability anomaly remains open to the north and south.
Eric Fier at SilverCrest Mine¡¯s La Joya project (transcribed from video): SilverCrest is an operating company now, in Mexico. As we grow Santa Elena and the expansion plan, the next part of the growth pattern is La Joya.
Cayden Resources Inc. is pleased to announce that it has received over 2000 additional assays from its La Magnetita soil program (see website for map). These assays increase the area of the +100 ppb (parts per billion) gold-in-soil geochemical anomaly with the size now in excess of 7.3 square kilometers and still open in most directions. The new soils reveal extensive areas that have highly elevated gold values, including north-south trending higher-grade +500 ppb gold values with strike lengths of up to 1.6 kilometers. These higher-grade anomalies are coincident with north-south intrusive dikes, extensive iron oxide-quartz alteration and veining within the limestone. These anomalies, taken together, reveal an area over 1.5 square kilometers where gold-in-soil averages +500 ppb, and is still open to the east and south.
Silver Scott Mines, Inc. is pleased to announce the following recently received drill assay sample results from the Quitovac Gold Mine Project located near Sonoyta, Sonora Mexico. The company’s concession blocks control approximately 14,500 hectares of land (36,250 acres) covering the Quitovac mine and placer gold sites in northwest Sonora. A total of 1723 meters of contracted RC drilling was recently completed in a 12 angle drill holes.
Cerro Resources NL is pleased to advise of encouraging progress in generating high potential initial drill targets at its Espiritu Santo Gold/Silver exploration project, in Jalisco State, Mexico.
Victory Resources Corp. is pleased to announce that it has completed the 2nd and final stage of the drill program at the Altamira tailings pond located at the Reforma mine.
Radius Gold Inc. is pleased to provide an update on recent work completed by Fortuna Silver Mines Inc. on Radius Gold’s Tlacolula Property, Mexico. Fortuna has an option to acquire a 60% interest in the Tlacolula Property by making cash payments and share issuances to Radius, and by completing expenditures totaling US$2 million on the property.
Cangold Limited announces that, further to the News Release dated June 20, 2012, to meet TSX-V Policy requirements, the market price which triggers the accelerated exercise provision has been reduced from $0.30 to $0.26, so that, in the case of all warrants being re-priced, the exercise period will be reduced to 30 calendar days if, for any 10 consecutive trading days during the unexpired term of the warrants, the closing price of the common shares of the Company is at least $0.26. The reduced exercise period of 30 days will begin 7 calendar days after the 10th Premium Trading Day.
Avino Silver & Gold Mines Ltd. as reported on May 11, 2012, the Company’s public disclosures on mineral resource estimates regarding the Company’s Avino property in Durango, Mexico, have been under review by the British Columbia Securities Commission. This review resulted in the Company issuing a news release on May 11, 2012 to clarify and retract certain disclosures it has made.
Aura Silver Resources Inc. announces that it has closed the first tranche of its non-brokered private placement issuing 2,000,000 units for proceeds of $100,000. Each unit consists of one common share and one common share purchase warrant (the “Units”). Each Unit was offered at a price of $0.05 per Unit. Each Unit contains a whole warrant exercisable for a period of two years from the closing of the offering at $0.10 per common share.
First Majestic Silver Corp. and Silvermex Resources Inc. are pleased to announce the completion of the plan of arrangement previously announced in the joint news release of First Majestic and Silvermex dated April 3, 2012.
Iron-ore miner London Mining PLC said Monday it appointed James North as chief operating officer, replacing Luciano Ramos, who is retiring to concentrate on family and personal interests.
This new application brings the paper map online.
Up to date information of:
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2019 / All Rights Reserved
