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.
Endeavour Silver Corp. announces that the Company’s silver and gold production from the Company’s two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State, continued to climb in the Second Quarter, 2012.
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. 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.
IMPACT Silver Corp. is pleased to announce high grade gold and silver values from the 2012 drill program at the Carlos Pacheco Gold-Silver Project. The project is located in the Valle de Oro area, six kilometers southwest of IMPACT’s operating mill at Zacualpan, central Mexico. Fieldwork in the Carlos Pacheco area began in 2007 with a systematic mapping and rock sampling program followed by an initial drill program that cut high grade gold intersections of up to 19.6 grams per tonne (g/t) gold across 2.9 meters (m) including 49.7 g/t gold across 1.0 m (see IMPACT News Releases dated January 18, 2007 and December 4, 2008).
Bowmore Exploration Ltd. is pleased to announce that it has negotiated, subject to regulatory approval, a non-brokered private placement for total gross proceeds of up to $1,400,000. The Private Placement will consist of up to 5.6 million common shares at a price of $0.25 per common share.
Silver Standard Resources Inc. announced today that it has signed two additional long term silver concentrate sales contracts, completing its sales strategy. The new contracts total approximately 500 tonnes of silver concentrate per month and position the company to begin drawing down excess silver concentrate inventory. During the second half of 2012, the Company will sell silver concentrate into four long term contracts and will continue with spot sales. Shipments under the new contracts are scheduled to begin in July.
Catalyst Copper Corp. advised that an initial draft of the Preliminary Economic Assessment on the La Verde copper porphyry deposit located in Michoacán State, Mexico initiated in early May 2012 by AMC Mining Consultants Ltd. of Vancouver was delivered to management at the end of June. Management and its financial advisors, Endeavour Financial Limited (of both Vancouver and London), have now completed their review and provided comments to AMC. Subject to final review, it is expected that report will be publicly released later this month.
Soltoro Ltd. and Argentum Silver Corp. are pleased to announce assay results from 10 additional diamond drill holes recently completed on the La Florida and La Colorada veins at the Coyote silver gold property, located in Jalisco State, Mexico. These 10 drill holes represent the balance of a first phase 26 hole orientation drill program completed by Argentum Silver at Coyote.
Urastar Gold Corp. contracts 1500m core drilling (3 holes) at El Antimonio, Mexico, to assess mineralogy and structures. RC program advances: 6700m/31 holes toward 10,000m, yielding wide low-grade Au intercepts. Targets oxidized open-pit heap leach deposit; $1.5M cash funds 2012 efforts.
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