Month: September 2012

Endeavour Silver Extends High Grade Silver-Gold Mineralization in the Lana Vein at the Bolanitos Mine in Mexico; Drilling Intersects 2,300 gpt Silver and 7.1 gpt Gold Over 0.5 Meter Width

Endeavour Silver Corp. announces that exploration drilling at Endeavour’s Bolanitos Mine in Guanajuato State, Mexico continues to intersect high silver and gold grades over mineable widths, extending the known mineralized zone in the Lana vein to more than 750 meters (m) long, still open for expansion.

Minera San Jorge S.A. de C.V. Denies Signing Letter of Intent with Bandera Gold Ltd.

Minera San Jorge S.A. de C.V. announced today the Company has not signed a Letter of Intent with Bandera Gold Ltd. MSJ is responding to the September 12, 2012 announcement by Bandera that a non-binding LOI had been signed between the two companies to purchase of Bandera’s interest, by MSJ, in Cinco Minas and Gran Cabrera for $6.5 million U.S.

Bearing Defines Multiple Gold Targets at its Mapimi Project in Mexico

Bearing Resources Ltd. is pleased to provide an update on its exploration activities at the Mapimi gold-silver project located in an area of good infrastructure, approximately 80 kilometres northwest of the Penoles smelter at Torreon in the State of Durango, Mexico. Mapimi comprises the 13,400 hectare KM66 property, the acquisition terms for which were announced in the Company’s news release dated March 12, 2012, and the contiguous 100% owned approx. 26,000 hectare Pedro property. The project exhibits many of the geologic characteristics that typify Goldcorp’s Penasquito and Camino Rojo deposits; in particular, breccia hosted and carbonate replacement style mineralization potentially associated with buried porphyry style mineralization. The Company believes that the precious and base metal mineralization identified to date on the Mapimi property may be indicative of a larger mineral system under shallow cover.

Oro Mining Announces Replacement of Its Board of Directors

Oro Mining Ltd. announced today that Richard Hall, Anthony Hawkshaw, Akiba Leisman and Cesar Gonzalez have been appointed directors of Oro Mining effective immediately. Concurrently, Ronald Ewing, Robert Kendrick and Stuart Rogers have each resigned as a director.

Excellon resumes drilling at La Platosa

Excellon Resources Inc. Mexico’s highest grade silver producer is pleased to announce that it has resumed exploration drilling at La Platosa with three diamond drills currently operating at Rincon del Caido, 1.1 km northwest of the La Platosa mine.

Cayden Resources Provides Updates on Mexican Projects

Cayden Resources Inc. is pleased to announce that it has received additional soil and rock results from the eastern part of the La Magnetita gold anomaly located at the Morelos Sur project, Guerrero State, Mexico. These results have significantly increased the size of the +100 ppb Au-in-soil anomaly (now over 5.4 km X 5.4 km from a previous extent of 5.0 X 3.7 km). The large anomaly now shows an impressive 2km square area with mostly +0.5 g/t Au-in-soils (see map on website).

Silver Bull Expands Its Underground Drill Program Into the

Silver Bull Resources, Inc. is pleased to announce it will expand its underground Termite “twinning” drill program presently targeting the “high grade silver zone” into the “high grade zinc zone”, a zone of mineralization which sits adjacent to and below the silver mineralization. The planned initial program in the high grade zinc zone will consist of 2,000 meters of diamond core drilling.

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.