Citation Resources Inc. is pleased to announce that it has now commenced an initial reconnaissance exploration program and deployed a geological field crew on the Biricu Property situated in the Guerrero Gold Belt in Morelos State, Mexico.
Southridge Enterprises Inc. announced that it will conduct additional rock sampling of the ore stockpiles at Cinco Minas to confirm the grades and tonnage cited in the 2007 Behre Dolbear Report, as part of the recently announced exploration program.
DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia Project in Sinaloa, Mexico, targeting growth in the defining and production of gold and silver resources, is pleased to announce that it has engaged Gale Capital Corporation to perform investor relations related services for the Company. Mark van der Horst, President of Gale Capital, will assist DynaResource with corporate communications, PR and investor and shareholder outreach.
Cream Minerals Ltd. is pleased to provide results for seven exploration drill holes completed on Cafetal-Veta Olvidada, The Cafetal-Veta Olvidada zone is located to the east of Once Bocas South and trends SE/NW. This new zone is not included in the current NI 43-101 Inferred Mineral Resource.
Paramount Gold and Silver said Thursday it has discovered a new high-grade gold zone, or ‘Clavo’, on the southern edge of the La Union deposit at its wholly-owned, 150,000-hectare San Miguel project in northern Mexico.
American Consolidated Minerals Corp. announces it has arranged a non-brokered private placement of up to 20,000,000 Units at a price of $0.05 per Unit for gross proceeds of $1,000,000.
Vancouver, B.C. – Orex Minerals Inc. – (REX: TSX-V) (“Orex” ) announces that it has granted incentive stock options to investor relations consultant Sigorex Management GmbH to purchase 75,000 shares in the capital of Orex for a period of two years at $0.74 per share, being the closing price of the Orex shares today. The options will vest at 25% per quarter over a period of twelve months and will be fully vested by February 17, 2013.
VANCOUVER, Feb. 16, 2012 /CNW/ – Victory Resources Corporation (the “Company”) is pleased to announce that it has established a geological Advisory Board and that it has appointed Tim Hawthorne, P. Eng. as the first member.
President/CEO Tim Barry tells ResourceClips.com, �Sierra Mojada has been a historical mining district for the last 100 years. Silver Bull emerged from a merger between Metalline Mining and Dome Ventures. When Metalline had the property, they had it for over 16 years and focused almost exclusively on the zinc resource there. When the merger was done, and we got to the project, we noted there was significant at-surface silver mineralization kicking around that had never been tested. Zinc at the time was living in the 50-cent range, so we changed direction for the company and started focusing on the silver mineralization. To date, we�ve put out two resource updates. The resource right now is sitting at 47.8 million ounces indicated and 13.8 million ounces inferred, and that�s out of a global resource of 84 million ounces.
The United Steelworkers is again criticizing Excellon Resources management for refusing to engage in constructive dialogue to end a host of problems plaguing their only operating mine in Mexico. The latest example is breaking off discussions with a group of small landowners from whom Excellon had leased land for exploration, the USW says.
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