Month: April 2014

Drilling Permits Granted for Citation’s Guerrero Gold Belt Project .

Citation Resources Inc. is pleased to announce that it has received formal written approval from The Ministry of Environment and Natural Resources that its permit applications for its planned drill program at its Biricu Project have been approved and permits have now been issued. The permits, along with the previously announced permissions from the local community, allow Citation to immediately commence drilling at its previously announced high-priority exploration targets. The initial drill program will test the priority high-drill targets in Punto Rojo and Northern Target areas with an initial exploratory drill program of a minimum of 5,500 metres and 11 proposed holes. Each of the target areas contain the geophysical, geochemical and geological characteristics consistent with other discoveries in the area, including the neighboring Torex properties, Morelos and Media Luna, and Goldcorp’s Los Filos.

Almaden Provides Exploration Update for the Ixtaca Gold-Silver Zone of the Tuligtic Project, Mexico

Almaden Minerals Ltd. is pleased to report on the on-going exploration activities at the Company’s 100% owned Tuligtic project and Ixtaca Zone. A Preliminary Economic Assessment is currently being prepared by the independent engineering consultant groups Knight Piesold Ltd. and Moose Mountain Technical Services. On the project, the Company has commenced drilling operations. Currently one drill is working on a geo-mechanical data gathering program required for potential future studies. Geotechnical holes are also planned as part of this engineering focussed drill program. A second drill has been working on a small infill drilling program which is about to finish. For the remainder of 2014, Almaden plans to focus drilling on high-priority gold-silver exploration targets located near the Ixtaca deposit. These targets, defined by epithermal alteration, surface anomalous geochemistry and geophysics, are considered by the Company to represent unique opportunities for discovery adjacent to the Ixtaca deposit, a blind drilling discovery made by Almaden in 2010. Other work currently underway includes environmental baseline studies and more advanced metallurgical test work.

MAG Silver Reports 2013 Annual Results .

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2013. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

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