Author: Josue Gomez

Mapping by Ocean Park has discovered mineralized skarn on the new claim with copper mineralization that is visually similar to that drilled at Cerro Grande. Assay results from this new skarn, the “Andalucia” zone, are pending. At this time, the skarn has been exposed in a series of trenches across 75 metres of strike in an area of limited bedrock exposure. As at Cerro Grande, the skarn is developed at the contact between the same granodiorite intrusion to the east and metasediments and metavolcanics to the west, with a strong structural control. The new zone is 2.5 kilometres south of previous drilling and indicates the mineralized intrusive-sediment contact has multi-kilometre, multi-zone potential.

A miner lost his life on Sunday at Coeur d’Alene Mines’ Palmajero silver/gold mine, in Mexico while performing maintenance work on surface equipment.

Una mayoría de tetelenses confirmó este domingo su rechazo absoluto el proyecto de Minera Frisco, propiedad de Carlos Slim, que pretende instalar una explotación a cielo abierto para la producción de oro en la región de La Cañada, y ha hecho un llamado a la construcción de un programa de desarrollo regional sustentable e integral alternativo a la mega minería.

Mundoro Capital Inc. announces the filing of the Company’s financial results for the quarter ended June 30, 2012. The highlights provided in this release should be read in conjunction with the Company’s quarterly financial statements and Management Discussion and Analysis, which are available on SEDAR at www.sedar.com. All dollar amounts are in U.S. dollars unless otherwise stated.

Orex Minerals Inc. in conjunction with their project partner Fresnillo PLC have commenced the Phase-II 12,000 metres diamond drilling program on their Coneto Silver-Gold Project in Durango, Mexico. A joint technical committee, with both Orex and Fresnillo representation, will manage the Coneto project.