Author: Josue Gomez

Westminster Resources Ltd. has compiled results from five core holes drilled on the Montoso Target of the Company’s Cumbral-San Bartolo project in Sonora,Mexico. This portion of Westminster’s concessions is being explored through an earn-in Option Agreement with Capstone Mining Corp. who have 49% interest in the project having funded $3.3 million to date on exploration. A further contiguous 9,615 hectares of new mineral concessions have been added to the project.

Bell Copper Corporation announces that it, along with its wholly owned subsidiaries Rogue River Resources Corp. and Minera Montoro S.A. de C.V. which holds the La Balsa project in Mexico, have entered into a share and asset sale and purchase agreement with Binhhai Harbour Group HK Co., Limited and Mr. Jie Lu pursuant to which: (i) the Purchasers will purchase 100% of the issued and outstanding shares of Montoro; and (ii) Binhai will purchase from Rogue River the SXEW plant owned by Rogue River and which is being stored in Arizona.

Excalibur Resources Ltd. provides an update on the activities at its 49% owned subsidiary Minera Catanava de C.V. Since the plant manager started in February, he has been instrumental in analyzing the ore from the various veins and dumps in order to optimize plant operations. He has made many improvements including changing the wave table location, installing the cyclone classifier, changing the water pump and starter panel, preparing the concrete vats for the recycling of water from the tailings, various safety items(trip wires, signage, equipment guards, etc). The plant schedule is to complete the installation of the two new iCON concentrators, change the liners in the ball mill this week, followed by repositioning of the conveyor belts and the base for a new cone crusher, which should be installed in early August. Then, lighting will be installed in the plant building to accommodate a 2nd shift for a two 12 hour shift operation. Finally, flotation cells will be installed in the Fall to improve the recovery of silver.

Corex Gold Corp. is pleased to announce that Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A. has secured and mobilized a drill rig to its Santana Property.

San Marco Resources Inc. is pleased to announce additional results from the Company’s maiden exploration drill campaign at the Angeles property in northern Sonora state, Mexico.

Coeur Mining, Inc. announced results from a Preliminary Economic Assessment for its wholly-owned La Preciosa silver-gold project located in Durango state, Mexico. The PEA indicates an initial estimated mine life of 17 years recovering an estimated 134.5 million ounces of silver and generating a 17% after-tax internal rate of return using price assumptions of $25 per silver ounce and $1,500 per gold ounce.