Category: Exploration and Development

Sampling & Detailed Mapping Underway At Riverside’s Tajitos Gold Project, Sonora, Mexico

Riverside Resources Inc. is pleased to provide an update from the Company’s 100% owned Tajitos Gold Project in Sonora, Mexico. Riverside announced assay results from an underground sampling program focused on the gold bearing vein system and confirmed gold values ranging from <0.05 g/t up to 17 g/t Au. The underground sampling agrees well with past surface sampling and the Company has now initiated the next stage of the program, which is further refinement of the bulk mineable targets on the Project.

Exploraciones Oceanicas Extends Environmental Review Time Frame to Provide Time for Newly Elected Government Officials to be Briefed on the “Don Diego” Project

“This additional time is intended to allow ExO to brief the Governor, Congressmen, Mayors and community leaders in the Baja California Sur State who were elected June 7 so they can thoroughly understand the details of the project and the positive effects it will have on their state and communities. It is important to demonstrate how the phosphate sands extraction initiative will bring substantial economic benefits to their constituencies and help provide a stable supply of inexpensive fertilizer to the agricultural industry and entire nation with minimal environmental impact,” commented Daniel de Narvaez, managing director of ExO in Mexico.

Silver Spruce Signs Letter of Agreement to Purchase Epithermal Silver/Lead/Zinc Property in Mexico

Silver Spruce Resources Inc. is pleased to announce that it has executed a binding Letter of Agreement to purchase a 100 percent interest in the Pino de Plata project, an epithermal silver/lead/zinc property in Mexico from its current owner, a mining engineer and Mexican national. The property is located in the well-established Temoris/Guazapares/Palmarejo mineralized region in the heart of the Sierra Madre Occidental of northern Mexico in western Chihuahua State.

Torex Reports Assay Results of Step Out Drilling Program at Media Luna

Torex Gold Resources Inc. is pleased to announce the results of its step out drilling program at its Media Luna deposit. The results of this program will be incorporated in an updated mineral resource estimate which will be the foundation for the Preliminary Economic Assessment expected to be completed in July of this year…

Silver Bull Identifies New Massive Sulphide Mineralization Grading 690g/t Silver, 1% Copper, 4.8% Lead and 15.25% Zinc at the Sierra Mojada Project, Coahuila, Mexico

The new sulphide mineralization lies within a 1.4 kilometer long east-west trending chargeability anomaly identified in a “Gradient Array IP survey” completed by Zonge Engineering and Research Organization, Inc. in 2010. The chargeability highs are interpreted as representing “pods” of sulphide mineralization at depth and in places correspond to areas that have historically been mined for copper, lead, and zinc massive sulphide mineralization up to 10 meters thick…

Santacruz Silver Amends San Felipe Agreement

Santacruz Silver Mining Ltd. is pleased to announce that its subsidiary, Impulsora Minera Santacruz S.A. de C.V. has successfully renegotiated terms of its agreement with Minera Hochschild Mexico S.A. de C.V. to acquire a 100% interest in the San Felipe project and adjacent El Gachi property located near Hermosillo, Sonora, Mexico.

Almaden Provides Ixtaca Metallurgical Program Update: Confirms High Gravity/Flotation Recoveries for Gold and Silver

Almaden Minerals Ltd. is pleased to report on the Company’s 100% owned Ixtaca gold-silver deposit located in Puebla State, Mexico and the progress of its on-going Pre-Feasibility level metallurgical test work program. The first stage of the current metallurgical test work program is focused on creating preliminary gold and silver gravity and flotation concentrates suitable for leaching, using drill hole samples representing the grade ranges and geologic units anticipated in the mine plan.

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