Category: Exploration and Development

Drilling Under Way at Alacrán

Azure’s Managing Director, Tony Rovira, stated: “In the six months we have been involved with Alacrán, great progress has been made in advancing the project. Our exploration has focused on areas of historical mining but where no modern exploration has been undertaken, and we’ve identified numerous high quality targets.”

Primero Reports a Fatal Accident at its San Dimas Mine

“We are deeply troubled by the loss of Juan Jesús Torres Jiménez, a young underground miner at our San Dimasmine,” said Joseph F. Conway, Chief Executive Officer. “Our thoughts and prayers go with his family and friends through this incredibly difficult time.”

Defiance Commences Drilling at San Acacio Silver Deposit

Defiance Silver Corp is pleased to announce the start of a 1,500m drill program on the San Acacio silver deposit in the historic Zacatecas Silver District in Mexico. The drill program is focused on expanding the current resource of 17.9 million oz AgEq contained in 2.902 mt grading 192.5 g/t AgEq. Drilling will build upon the recent discovery of significant silver and base metal mineralization below the limits of the current resource. The focus continues to be on the lowest risk/highest reward portion of the exploration potential at San Acacio by drilling along the 1.0 kilometer of old workings. Mineralization is open both to depth and along strike.

Cyprium Mining to Acquire Controlling Joint Venture Interest in the Historic Potosi Silver Mine in Mexico

Cyprium Mining Corporation is pleased to announce that it has entered into a letter of intent with Minerales Nacionales de Mexico SA de CV, Minera Potosi Silver S de RL de CV and Daniel Valenzuela, pursuant to which Cyprium and the Potosi Partners have agreed to form a twenty year joint venture for the exploitation and exploration of the Potosi silver mine located in the historic silver rich mining district of Santa Eulalia in Mexico.

Calissio Resources Completes Sale of the San Pedro Copper Mine in Mexico for USD$14.6 Million

Calissio Resources Group, Inc. announced today that the Company entered in to an agreement with Milagros Del Cobre Mineria S.A. de C.V. whereby Calissio Resources Group, Inc. sold 100% of its interest in San Pedro Mine. The total purchase price of USD$14,600,000 will be paid by the assumption of debt and in shares of stock of Milagros Del Cobre Mineria S.A. de C.V. and USD$7,360,000 in cash to be paid no later than February 22, 2016…

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