Category: Exploration and Development

Southern Silver Exploration Corp. reported today that final assays from the 2015 core drilling program on the Cerro Las Minitas Project, Durango State, Mexico have been received with the results continuing to extend the projections of high-grade silver-polymetallic mineralization at both the Blind – El Sol zone and the recent discovery at the Mina La Bocona zone. Semi-massive and massive sulphides were identified in the southeast extension of the Blind – El Sol zone in a thick (+30 metre) contact skarn on the margin of the Central Intrusion in a 2015 extension of drill hole 11CLM-025.

Kootenay Silver Inc. and Northair Silver Corp. are pleased to announce the execution of a Binding Letter Agreement pursuant to which Kootenay will acquire all of the issued and outstanding common shares of Northair. The combination of Kootenay and Northair will create a leading Mexican silver exploration and development company and consolidator with a portfolio of assets headlined by Kootenay’s Promontorio and La Negra projects and Northair’s La Cigarra project, all of which are based in Mexico. In addition, the combined company will have exposure to a continuum of grass-roots pipeline exploration projects, royalty interests and joint ventures, plus a strong balance sheet providing the combined company with a stable platform for future consolidation in the sector.

This wide and high grade silver vein at San Ramon Deeps Zone was discovered in 2014 and now provides 40% of total production tonnage. To date this vein has been exposed in mine workings on Levels 16.5, 18, 19 and 20 over a minimum length of 180 meters where it continues to be open for expansion and has true widths of two to seventeen meters. The drill holes in this news release outlined the vein to a vertical distance of 10 to 55 meters below the current mine workings.

ALIX RESOURCES CORP. is pleased to announce the acquisition through a Purchase Agreement, of 100% mineral rights for specified metals, including lithium, for the Gran 2 concession, located in Sonora, Mexico.

ALIX RESOURCES CORP. announces the discovery of a lithium-bearing, clay-rich showing in a sequence of sedimentary-volcanic rocks located on the Company’s northern Tecolote Concession, which adjoins Bacanora Minerals Ltd. and Rare Earths Minerals PLC’s Buenavista concession located in Sonora, Mexico.

The Report provides detail in relation to the Company’s Mineral Resource Statement for its lithium properties as detailed in the Company’s press release dated November 23, 2015. These properties consist of its 100 percent owned La Ventana lithium concession and El Sauz, El Sauz 1, Fleur concessions which are held by Mexilit S.A. de C.V. Mexilit is owned 70 percent by Bacanora and 30 percent by Rare Earth Minerals PLC.

United States Antimony Corporation reported that it has sold 5,377 tons of zeolite in Q4 of 2015 compared to 3,063 tons in Q4 of 2014, an increase of 75%. During 2015, the Company sold 15,235 tons of zeolite compared to 11,079 sold in 2014, an increase of 37%.

Torex Gold Resources Inc. announced today its first gold pour of an estimated 350 ounces, and a similar amount of silver, in Dore, from its 100% owned El Limon-Guajes Mine in southwest Mexico. The entire processing circuit, from crushing through to dry stack tailings disposal, is now operational and has been used in the production of these first ounces.

“Goldcorp was the first gold-mining company in the world to have each of its wholly-owned mines certified under the ICMC, so it is appropriate that we have become the first to successfully decommission a gold mine under the auspices of the ICMC,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer. “This represents an important step forward in Goldcorp’s commitment to safe, responsible operations throughout the entire life cycle of our projects.”

GREAT PANTHER SILVER LIMITED has completed the 2015 surface diamond drill program at its Guadalupe de los Reyes project in Sinaloa, Mexico. The program successfully focused on infilling and expanding higher grade areas within the Guadalupe, Noche Buena,San Miguel and Zapote zones. Results are highlighted by 9.2 metres (6.51 metres true width) assaying 11.28g/t gold and 212g/t silver in hole 15-GDLR-10 ( Noche Buena zone).