Category: Exploration and Development

Source Signs Drill Contract and Announces Drilling Program at Las Minas

SOURCE EXPLORATION CORP. announced today the signing of a diamond drilling contract for commencement of its 2015 drill campaign at the Las Minas property, Veracruz State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,000 metres of drilling, scheduled to get underway in early March.

Acquisition of Prospective Mariana Concessions Vastly Increases San Marco Resources’ Landholding in Northern Mexico

San Marco Resources Inc. has signed an agreement with Argonaut Gold Inc. to acquire 100% ownership of the Mariana property, a 73,902 hectare land package in the vicinity of the Company’s Cuatro de Mayo project in eastern Sonora State, Mexico. As a result, San Marco now owns or has optioned full ownership of approximately 93,000 hectares of highly prospective ground in the Sierra Madre Occidental Gold Belt and is one of the largest exploration landholders in the area.

Embajada canadiense respalda represión a mineros y ejidatarios mexicanos

Documentos confidenciales de la embajada canadiense en México muestran el apoyo que le brindó a la empresa minera Excellon Corporation para acabar con la protesta de mineros y ejidatarios de La Sierrita, Durango que demandaban el saneamiento de las aguas contaminadas y el cumplimiento de derechos laborales.

Kootenay Announces Phase II Drilling Underway on La Negra

Kootenay Silver Inc. is pleased to announce that camp upgrades are complete and Phase II drilling has now commenced on its La Negra Silver discovery, contained within the Promontorio Mineral Belt in Sonora, Mexico. The Phase II program is expected to comprise of approximately 30 drill holes once completed. B.D Drilling of Guadalajara, Mexico is the drill contractor.

Silvercrest Announces New Discovery at Ermitaño El Durazno Target

SilverCrest Mines Inc. is pleased to announce initial results of exploration drilling at the El Durazno Target within the 100% held Ermitaño I concession inSonora, Mexico. Nine (9) shallow drill holes, totalling an estimated 2,656 metres have been completed. The objective was to initially drill test surface mineralization for potential open pit targets. El Durazno is the first of several targets identified by surface work to be drilled in the Ermitaño I & II and Cumobabi concessions. Please refer to news releases dated January 14, 2014 and November 18, 2014 on the Company’s website at www.silvercrestmines.com for more information.

Starcore Closes Acquisition of Creston Moly

Further to its press release of January 23, 2015, Starcore International Mines Ltd. announces that it has closed the transaction to acquire all of the shares of Creston Moly Corp. from Deloitte Restructuring Inc., in its capacity as trustee in bankruptcy of Mercator Minerals Ltd., at a purchase price of Cdn$2 million.

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