Author: Josue Gomez

Soltoro Ltd. has commenced a reverse circulation drill program in the Piedras Amarillas mineralized zone at its 100% owned El Rayo silver project. Currently two diamond drill rigs and one RC rig are drilling at El Rayo to expand the existing measured and indicated 77.4 million ounce silver resource. The Piedras Amarillas mineralized area has never been mined or drill tested and is similar in size and orientation to that of the Las Bolas deposit area. To date Soltoro has completed soil sampling, trenching, a ground magnetics survey and an Induced Polarization study in order to define drill targets at Piedras Amarillas.

Kootenay Silver said Wednesday that Pinecrest Resources has started a phase I drilling program on Kootenay’s Espiritu gold-silver polymetallic project in Sonora, Mexico under a joint venture deal.

Scorpio Mining Corporation reports that production in the first quarter ended March 31, 2012 from the Nuestra Señora operation totalled 620,356 silver equivalent ounces.

Bacanora Minerals Ltd. is pleased to report the final results obtained from its second round of drilling at its “Ventana” lithium property located in eastern Sonora, Mexico, which consisted of 1,465 metres in 8 NQ-Core holes. The Company is also pleased to announce the launch of the third round of drilling at its 100% owned “Ventana” and “El Sauz” properties.

Westminster Resources Ltd. has closed an agreement with Capstone Mining Corp. originally announced on February 9, 2012 (see NR #WMR 12-01) whereby the Company has granted Capstone an option to acquire up to a 70% interest in the Cumbral-San Bartolo prospect area of the El Cobre property through staged exploration expenditures totaling $9.3 million by December 31, 2015, and delivering a scoping study by June 30, 2016.

Colibri Resource Corporation is pleased to update exploration activities at the Ramard property near the town of Carbo and at the Colibri project located approximately 40 kilometers north of the city of Caborca in northern Sonora, Mexico.