Month: August 2014

Fortuna Silver Reports Updated Mineral Resource Estimate for San Jose Mine in Mexico

Fortuna Silver Mines Inc. is pleased to announce an updated Mineral Resource estimate as of June 30, 2014 for the San Jose Mine located in Oaxaca, Mexico. Included in the San Jose mineral resources is an updated estimate of the Mineral Resource for the Trinidad North discovery based on the completion of forty-one additional step-out and twelve infill drill holes in the Trinidad North area.

Grupo México, culpable del desastre ecológico en Sonora

El derrame de 40 mil metros cúbicos de lixiviados de sulfato de cobre acidulado en los ríos Bacanuchi y Sonora fue causado por las malas condiciones en que estaba un tubo de polietileno en una de las piletas, así como por la falta de una válvula de la empresa minera Buenavista del Cobre —subsidiaria de Grupo México—, no por el exceso de agua resultado de las lluvias, como aseguró la empresa en un principio, lo cual es “completamente falsoâ€?, señaló ayer el secretario del Medio Ambiente (Semarnat), Juan José Guerra.

Gold Resource Corporation Declares August Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.01 per common share for August 2014 payable on September 23, 2014 to shareholders of record as of September 11, 2014. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.

IMPACT Silver Announces Second Quarter 2014 Financial and Production Results

IMPACT Silver Corp. announced today its financial results for the three months ended June 30, 2014. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim Financial Statements and Management’s Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars, unless otherwise specified.

Starcore Announces Approval of Normal Course Issuer Bid

Further to its press release of August 20, 2014, Starcore International Mines Ltd. is pleased to announce that it has received approval from the Toronto Stock Exchange to commence the previously announced normal course issuer bid to purchase common shares of the Company. The Company has allocated up to $1,000,000 for purchases of its common stock to be made on the TSX at the market price at the time of acquisition. Based on current market prices, the Company may purchase up to 6,666,666 common shares of Starcore, representing approximately 4.7 % of the public float of the Company, or 4.6% of the 143,515,465 issued and outstanding shares of the Company as at August 22, 2014.

Morro Bay Resources and Partner, Riverside Resources Begin Drilling New Target Areas at the Penoles Gold-Silver Project in Durango, Mexico

Riverside Resources Inc. is pleased to announce the initiation of the 2014 drilling program to explore the San Rafael silver-gold system and outlying early stage gold-silver zones, which were recently delineated during regional reconnaissance mineral exploration. Approximately nine drill holes totalling roughly 1,900 metres are planned, with drilling now underway at the San Rafael vein target area. Previous drill programs have focused on the Jesus Maria silver vein system and the Capitan gold zone, so the drilling of new, untested target areas during the current program has the potential to expand on the known mineralization and add significant value to the Peñoles Project.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.