Month: February 2013

GoGold makes progress at Parral

Last year, GoGold Resources issued millions of shares and worked for months to acquire Absolute Gold Holdings for its Parral project in Mexico, home to a huge heap of tailings left behind after 300 years of operations at the Mina La Prieta mine.

Canasil Receives Drill Permits for Sandra-Escobar and Salamandra Projects and Expands Sandra-Escobar Claim Area in Durango State, Mexico

Canasil Resources Inc. announces that the Company has received comprehensive drill permits for the Salamandra silver-copper-zinc-lead and Sandra-Escobar silver-gold projects in Durango State, Mexico. Since the introduction of new environmental and land use regulations in Mexico in 2012 with respect to drill permits, the process for approving drill permits requires longer lead times. As a result Canasil has systematically applied for drill permits for its drill ready projects in Mexico to avoid any delays with the implementation of any planned drill programs. The Company is pleased to have received comprehensive drill permits for both projects within a relatively short lead time following filing of the applications. Each of the permits provides for multiple drill holes from 25 drill locations with provisions for building drill access roads etc. with a validity of two years, which may be extended if necessary. This will provide significant flexibility in planning appropriate drill programs to test these high potential projects.

Mueren 2 mineros por derrumbe en Chalchihuites

Los trabajadores fallecieron a consecuencia del accidente que se registró a las 10 de la noche de este miércoles en la Mina San Juan Unidad del Toro de la empresa First Majestic, ubicada en el municipio de Chalchihuites, Zacatecas.

Caza Gold Corp.: Mapping Identifies Additional Low-Grade Gold Targets and Higher-Grade Gold-Silver Vein and Stockwork Zones at the Moris Project, Mexico

Greg Myers, CEO and President of Caza Gold Corp., announces results from the 2012 mapping and sampling program in the Balleza-Cienega area of the Moris Project in Chihuahua, Mexico. Several new gold and silver targets were identified, extending previously known low-grade bulk mineable zones and higher grade veins. Several new areas of vein stockworks, and disseminated gold mineralization were identified during the mapping program.

Evrim Resources Corp.: Inmet Mining Approves $2.43 million Drilling and Geophysical Program at the Cumobabi Project

Evrim Resources Corp. is pleased to announce that exploration partner Inmet Mining Corporation has approved a $2.43 million drilling and geophysical program on the Company’s wholly owned Cumobabi project in Sonora, Mexico. The Cumobabi project comprises 407 square kilometre of prospective ground within the Sonora copper-molybdenum porphyry belt, approximately 130 kilometres north east of Hermosillo.

Candente Gold Updates on El Oro Exploration Progress

Candente Gold Corp. is pleased to provide an update on the continuing definition of gold-silver mineralization at its El Oro Project in central Mexico. Following a recent Director’s visit to the property, Candente Gold is of the opinion that the El Oro project has met a major milestone in the ongoing compilation of the historical work by identifying previously unrecognized and untested controls for potential higher grade mineralization.

Garibaldi Drilling Update

Garibaldi Resources Corp. is pleased to report results at the Locust drill target in Sonora State, Mexico. To date, 9 holes have been drilled for a total of 1,757.7 meters. The tenth hole is currently in progress. This news release reports new results from holes LCT-12-07 through LCT-12-09 in the table below. In general, most of the holes have intersected significant widths of mineralization.

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