Month: September 2013

Almaden Expands High-Grade Volcanic Zone to East, Hits 82.00 Meters of 2.62 g/t Au, 12.3 g/t Ag at Ixtaca, Mexico

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The 2013 drill program to date has been focussed on expanding the resource immediately along strike and adjacent to the drilling used in the Company’s maiden resource estimate announced January 31, 2013. The holes announced today show the extension of the high grade volcanic hosted mineralisation discovered at the eastern limits of drilling and announced November 26th, 2012. This new drilling has traced the higher grade zone approximately another 20 meters to the east. The Company is currently drilling roughly 50 meters further from the holes announced today.

Excalibur Announces Results of Mineralogical Study on Candelaria Dump Composite Sample: Gravity-Flotation Expected to Provide High Recovery of Gold and Silver

Excalibur Resources Ltd. is pleased to report the results of a mineralogical study on a composite sample from stockpiles of material obtained from old mine dumps produced during 19th century mining activities. Results of this study by Terra Mineralogical Services Inc., using similar methodology outlined in the 17th July, 2013 press release by Excalibur shows that the material is similar to samples processed from other veins, including San Gil and Camino and suggests that excellent gold and silver recoveries may be expected by gravity followed by flotation methods, the process route that is currently being established in the Catanava metallurgical plant.

Newstrike Capital Intersects 64.40 Metres Of 4.32 G/T Gold And 62.10 Metres Of 3.13 G/T Gold At The Ana Paula Project, Guerrero, Mexico

Newstrike Capital Inc. announces further results from the ongoing drill program at the Company’s 100% owned Ana Paula Project in Guerrero, Mexico. These results are from drilling designed to test the margins of the Breccia Zone mineralization near surface and also tested the continuity of the mineralization at depth, beneath Ana Paula’s floating cone pit.

Gold Resource Corporation (NYSEMKT:GORO) has a new Reid as CEO

On September 10, Gold Resource Corporation announced the sudden retirement decision of its chief executive officer William Reid. As per the company’s submission to SEC, Mr Reid retirement will come into effect from the end of this month. Reid has consented to continue as the Chairman of the company’s board of directors in order to effect a smooth transition. The board of directors have elected Mr Jason Reid to take the place of William Reid as CEO. He is currently serving as the president of the company and is also serving on the board of directors.

Mexus Releases Geological Report

Mexus Gold US is pleased to share the recent report furnished by geologist Ing. Javier Martinez on our newly acquired San Felix Mine at the Mexus Enterprises SA de CV project formerly Mexus Trinidad of Sonora State, Mexico. Mexus has acquired land at that site as the report indicated.

Torex Announces Maiden Media Luna Inferred Resource 5.84 Million Gold Equivalent Ounces

Torex Gold Resources Inc. is pleased to announce a National Instrument 43-101 compliant inferred mineral resource estimate of 5.84 million gold equivalent ounces, including 3.3 million ounces of gold, at its Media Luna Project in Mexico. The average resource grade is 4.55 g/t Au Eq. (Au – 2.63 g/t, Ag – 24.46 g/t, Cu – 0.97%) at a 2.0 g/t Au Eq. cutoff grade. The resource is contained within a single, continuous, strongly mineralized system, which remains open in several directions.

Focus Terminates Reventon Option

Focus Ventures Ltd. announces results from its Reventon project in Mexico. Focus’ subsidiary, Minera Oro Pacific S.A. de C.V., holds an option agreement covering Reventon with Grupo Northair de Mexico S.A. de C.V., a subsidiary of International Northair Mines Ltd.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.