Day: October 3, 2012

Exploration and Drilling Programs Begin at Suaqui Verde and Cardelena Projects

Evrim Resources Corp. is pleased to announce that crews have mobilized to the Suaqui Verde and Cardelena copper projects in Sonora, Mexico. Evrim’s exploration partner, Inmet Mining Corporation, has approved a $1.32 million program consisting of geological mapping, geophysical surveys, and a 2,300 metre drill program.

Paramount Gold and Silver Reports Exceptional Drill Results From Its San Miguel Project in Mexico Including Intercepts up to 59.4 g/T Gold And 1,665.8 g/T Silver

Paramount Gold and Silver Corp. today reported outstanding new drill results from extensions to the La Union deposit which sits within the 7.5 km. long Guazapares Megastructure at its 100% owned San Miguel Project in northern Mexico. Of 13 new core holes drilled, 10 intersected significant gold and silver values which are expected to improve the size and grade of San Miguel’s estimated resources.

Northair Significantly Increases Land Position at La Cigarra Silver Project, Mexico

International Northair Mines Ltd. is very pleased to announce the acquisition of a significant package of mineral concessions totaling nearly 32,000 hectares contiguous to the Company’s La Cigarra silver project located in the state of Chihuahua, Mexico. The land package was acquired through an option agreement, staking and purchase to cover permissive ground that surrounds the Company’s original La Cigarra concessions. Drilling at La Cigarra by the Company has outlined a potentially surface minable mineralized system with an open ended strike length in excess of three (3) kilometres. An initial resource estimate utilizing the results from 111 core holes and 11 reverse circulation holes covering 2,400 metres of this system is presently being calculated.

MAG Silver Reports Initial Mineral Resource Estimate At Cinco De Mayo

MAG Silver Corp. is pleased to announce that Roscoe Postle Associates Inc. has completed the first independent mineral resource estimate for the Bridge Zone/Jose Manto on its 100% owned Cinco de Mayo Property in northern Chihuahua, Mexico. Inferred Mineral Resources are estimated to be 12.45 million tonnes at 132 grams per tonne (3.9 ounces per ton) silver, 0.24 g/t gold, 2.86% lead, and 6.47% zinc (9.33% lead plus zinc).

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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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.