Intergeo MMC Ltd., a mining company controlled by Russian billionaire Mikhail Prokhorovs Onexim Group, agreed to acquire Vancouver-based copper producer Mercator Minerals Ltd. to gain a listing in Canada.
Corex Gold Corp. is pleased to announce results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A.. This first hole of a 4000 m first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the Company’s Santana Property, Sonora, Mexico. Hole SNT-DH0001 from 173 m to 222 m intersected mineralization averaging 1.50% Cu, 0.37 g/t Au and 97.49 g/t Ag.
Kootenay Silver Inc. is pleased to announce assay results from a further fifteen drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. The Company reports drilling continues to encounter high-grade results within a newly identified breccia zone situated between the Pit and NE Zones (See June 4, 2013 news release). A further 5,500 meters of drilling have been completed, which concludes the current 5,000 meter drill phase, bringing the total drilled since November 2012 to 21,500 meters.
Westminster Resources Ltd. is pleased to report that it has been advised by Capstone Mining Corp. that they will be continuing exploration, as operator, on the Cumbral-San Bartolo project, during 2014, in accordance with the terms of the existing option agreement. Permitting and planning for exploration, which will focus on diamond drilling, is in progress.
Canasil Resources, a Vancouver-based mining and mineral exploration company engaged in precious metal and base metal exploration projects in Durango, Zacatecas and Sinaloa States, Mexico and British Columbia, announced today that MAG Silver had commenced the Phase 1 drill program at Canasil’s Salamandra Project in Durango.
Kootenay Silver Inc. As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosures regarding its Promontorio Silver Project and the La Negra Project, located in Sonora, Mexico.
Canasil Resources Inc. announces that MAG Silver Corp. has started the Phase 1 drill program at Canasil’s Salamandra silver-copper-lead-zinc project in Durango State, Mexico. The planned program includes a minimum of 3,000 meters of diamond drilling as part of the CAD$ 1,000,000 first year exploration expenditures required by May 2014 under an option agreement for MAG to earn up to a 70% interest in the Salamandra project.
Sierra Iron Ore Corporation is pleased to announce that it has made significant advancements to support the Company’s plan for an exploration/development field work program on the the Mazomique iron ore property. The Mazomique property is the Company’s 2(nd) prospective optioned iron ore property that is expected to be in development. The Company’s El Creston property recently received final permit approval to start major construction.
Rare Earth Minerals PLC announces that it has received analytical results for the first 6 holes of the second phase of diamond drilling (Stage 2 Programme) on the El Sauz and Fleur Lithium concessions in northern Mexico.
Garibaldi Resources Corp. is pleased to report that exploration carried out by the Company has returned strong gold values from channel sampling at its recently acquired La Patilla Property, and a drill program is ready to begin. These results include separate sample intervals grading 28.4 g/t Au over 1.3 meters, 7.5 g/t Au over 6.4 m, 6.2 g/t Au over 3.3 m, and 5.8 g/t Au over 7.9 m at the Murcielago breccia, and 13.5 g/t Au over 1.3 m at the La Patilla vein system contiguous to the southeast (sample widths are estimated true widths).
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