Golden Minerals Company today provided production results for the three and six month periods ending June 30, 2012 as well as an update for the Velardeña Operations, located in Durango State in Mexico.
El Tigre Silver Corp. is pleased to provide a drill hole assay report from the most recent four holes from the ongoing Gold Hill core drilling program at its 100% owned El Tigre silver project in Sonora, Mexico.
Riverside Resources Inc. and its partner, Sierra Madre Developments are pleased to announce results of two step-out holes (CDDH 12-12 and CDDH 12-13) drilled approximately 50 meters to the east of the area referred to as the Main Zone of the El Capitan Target (see press release dated October 24, 2011). Results of CDDH-12 and CDDH 12-13 include some of the widest and best grade intervals encountered to date within El Capitan. CDDH 12-13 is a vertical hole drilled from a station approximately 50 meters east of CDDH 11-07 and CDDH 12-11 and intersected mineralization from surface to a depth of 130.20 meters. The entire hole returned an average grade of 0.555 g/t gold, including a 61.15 meter section that averaged 0.919 g/t gold. The hole was stopped in mineralization, which is open at depth below this hole. CDDH 12-12 was drilled at an inclination of 60 degrees from the same pad and intersected mineralization from surface to a depth of 161.8 meters. The entire drill hole averaged 0.329 g/t gold and included a 29.31 meter interval that averaged 0.737 g/t gold. The true thickness of these mineralized intervals is estimated to be approximately 90% of the reported core lengths. The eastern part of the Main Zone has returned the widest mineralized intervals encountered so far at El Capitan and appears to be open for expansion down dip of CDDH 12-13. Additional drilling in this area is planned upon completion of the current program.
Lone Star Gold, Inc. is pleased to provide an update on its Tailings Project operations and expansion near the city of Hidalgo Del Parral in the state of Chihuahua, Mexico.
First Point Minerals Corp. announces that Cliffs Natural Resources Exploration Inc., an affiliate of Cliffs Natural Resources Inc., has notified First Point of its intention to exercise its pre-emptive right, which was granted under the terms of the Option Agreement between the parties dated November 12, 2009, as amended, to acquire sufficient securities of the Company in order that Cliffs will hold a 15% ownership interest in First Point.
Scorpio Mining Corporation is pleased to report preliminary results from the recently completed drill program at its 100% owned San Rafael Project in Cosalá, Sinaloa, Mexico. The San Rafael Project is a zinc-lead-silver-copper project located approximately 16 km from Scorpio Mining’s operating Nuestra Señora plant which currently processes approximately 1,500 tonnes per day.
Aura Minerals Inc. is pleased to announce it has received the results of the preliminary economic assessment study on a mine and mill expansion at its wholly-owned Aranzazu copper project in Zacatecas State, Mexico.
El legislador Lauro Sánchez advierte que el plan de explotación cielo a vierto para la obtención de oro pone en riesgo los manantiales de la región
Orex Minerals Inc. in conjunction with their project partner Fresnillo have selected Kluane Drilling Ltd. as the service provider for a 12,000 metre drilling program on the Coneto Silver-Gold Project in Durango, Mexico.
“We are pleased to have closed the $5 million Facility with SRLP at this time,” reported Gordon Cummings, President and CEO of Kimber Resources. “Kimber appreciates this supportive cash funding from the Sprott Group and will continue to advance the Monterde project in the prolific Sierra Madre gold-silver belt in Mexico.”
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