Month: February 2013

SilverCrest Continues to Expand Santa Elena Deposit; Another New Discovery and More High Grade Intercepts, 25.8m @ 1.24 gpt Au and 187.6 gpt Ag Including 1.9m @ 2.34 gpt Au and 1,281.9 gpt

SilverCrest Mines Inc. is pleased to announce results of further delineation drilling at the Santa Elena Mine in Sonora, Mexico. One hundred and eleven holes of a revised planned 114 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. This drill program continues to be extremely successful and several of the most recent holes have identified additional bonanza grade (as defined below) intercepts and two new zones (El Cholugo and El Cholugo Dos) that lie below and are sub-parallel to the Main Mineralized Zone currently being mined. All holes included in this program will assist with resource confirmation and reclassification, the results of which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.

Gold Resource Corporation Declares February Monthly Dividend

Gold Resource Corporation (NYSE MKT: GORO) declares its instituted monthly dividend of $0.06 per common share for February 2013 payable on March 25, 2013 to shareholders of record as of March 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Radius Gold Options Mexican Epithermal Ag-Au Property

Radius Gold Inc. is pleased to announce that it has signed a binding agreement with a private exploration company to option a 10,800 hectare property which hosts a low-sulphidation, epithermal silver-gold vein system located approximately 80 km ENE of the city of Guanajuato in Mexico. Radius has named the project “Santa Brígida” after the Santa Brígida vein, one of the historically mined veins on the property.

First Majestic Announces Financial Results for Q4 and Year End 2012

First Majestic Silver Corp. is pleased to announce the audited consolidated financial results for the Company’s fourth quarter and year ending December 31, 2012. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at, on SEDAR at and EDGAR at

Mammoth Reports XRD Analysis Indicating High-Sulphidation System on Its Tenoriba Gold-Silver Project, Chihuahua State, Mexico

Mammoth Resources Corp. is pleased to announce that it has received results from the X-Ray Diffraction (XRD) analysis performed on 72 samples collected on a portion of its 8,100 hectare Tenoriba project, located in southwestern Chihuahua State, Mexico. The XRD analysis identified the presence of numerous alteration minerals, which when combined with the presence of vuggy silica, silicic, advanced to intermediate argillic alteration, in rocks covering an approximate 15 square kilometer area, provide further compelling evidence that the Tenoriba project hosts a high-sulphidation precious metal target. The association of Kaolinite and Dickite in particular identifies almost complete acid attack of an advanced argillic alteration system, which is a compelling observation indicating a strong and active epithermal system. Refer to Figure 1. – Sample Location Map of XRD Samples, Tenoriba Project.

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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.