Category: Exploration and Development

Mexus Gold US announced that it has received an update from Argonaut Gold Inc. on the Julio Project. Since acquiring the Julio project in early July, Argonaut’s focus has been on detailed geologic mapping and sampling within areas already known to host mineralization which has included identifying outcropping mineralization. Argonaut has taken surface rock chip samples and completed detailed mapping. This work has identified multiple target areas which are being prioritized for drilling which, subject to permitting, is expected to commence later in 2015.

Garibaldi Resources Corp. is pleased to report that seven RC holes have been completed by Layne Drilling at the Company’s 100%-owned La Patilla Gold Property in Sinaloa State, Mexico. Assays are pending, and results will guide the next phase of exploration at this property where a shallow high-grade zone was discovered last year (10.4 g/t Au over 8.5 meters in LP-14).

La compañía informó que no hubo heridos en el incidente, y que coopera con autoridades que investigan el robo, pero no explicó cómo ocurrió

Fortuna Silver Mines Inc. is pleased to provide a Brownfields exploration update for the San Jose Mine in Oaxaca, Mexico including results for step-out drilling of the Trinidad North zone and for surface sampling of the La Noria and San Antonio vein systems located approximately 2 kilometers to the west of the Trinidad vein system. Assay results are included for fifteen drill holes completed during the first semester of 2015, subsequent to the Mineral Resource and Mineral Reserve estimates reported as of December 31, 2014. The new drill results confirm the continuation of high-grade gold and silver mineralization along strike of the Trinidad vein system to the north…

Cyprium Mining Corporation is pleased to announce the results from its initial phase of exploration at the Potosi silver mine located in Santa Eulalia, Mexico. On July 28, 2015, the Company announced the signing of letter of intent to acquire a 53% controlling interest in a joint venture to be formed which will have the rights to explore and exploit the historic Potosi silver mine.

Orex Minerals Inc, in conjunction with their project partner Fresnillo PLC, have completed a Phase-IV exploration diamond drilling program, consisting of 4,656 metres in 11 holes on the Coneto Gold-Silver Project in Durango, Mexico. The program was designed to test multiple structures in approximately 100 to 200 metres step-outs. Highlights include mineralized intercepts in Loma Verde, Durazno, Durazno Alta, La Bufa Alta, Santo Niño, and Promontorio.

Jim Bannantine, President and CEO of Aura, stated “We are very encouraged by the PEA and believe it will be indicative of the results of the feasibility level study which has commenced. A focus on the geotechnical aspects of the underground mine and a conservative approach to cut-off grade have combined to yield both lower capital expenditures and profitable result that should allow us to finance the restart of Aranzazu. These design parameters and focus are particularly important in today’s mining finance environment, and they will also leave the option open for future expansion.”

Primero Mining Corp. is pleased to announce that it has been reinstated to the import and export registries in Mexico and that normal course imports and exports have resumed for its San Dimas mine located in Durango State, Mexico.

Los 33 indígenas municipio de Ayotitlán, Jalisco, que fueron aprehendidos el pasado 22 de julio mientras exigían el cumplimiento de una suspensión federal en sus tierras ocupadas por la empresa minera Peña Colorada, recuperaron su libertad luego de que la Procuraduría General de Justicia del Estado de Colima desistió de la denuncia en su contra.

Marlin Gold Mining Ltd. is extremely pleased to report assay results from the first exploration drilling campaign the company has done since 2011 at its wholly owned 118,000 hectare La Trinidad property in Sinaloa Mexico.