Category: Exploration and Development

Chesapeake Gold Corp. wishes to report on the current status of the updated pre-feasibility study on its 100% owned Metates project located in Durango State, Mexico. M3 Engineering & Technology together with several industry leading international consultants are currently working towards the completion of the updated PFS. Several recent developments have caused the completion of the updated PFS to be delayed until the second quarter of 2015. The Metates project hosts one of the largest undeveloped gold, silver and zinc reserves in the world.

Torex Gold Resources Inc. is pleased to announce that a draw of US$ 50 million on its debt facility has been approved by the Lenders, and to provide an update on the development of its flagship El Limon-Guajes Project at its 100% owned Morelos Gold Property in Mexico.

Northair Silver Corp. is pleased to announce that it has contracted MPX Geophysics Ltd. to complete an airborne geophysical program on the Company’s La Cigarra silver project located in Chihuahua State, Mexico.

Kootenay Silver Inc. is pleased to announce results from the first six holes of its Phase II drill program on its Promontorio La Negra Silver discovery in Sonora, Mexico. All six holes intercepted significant widths and grades of silver mineralization.

FIRST MAJESTIC SILVER CORP. is pleased to provide a new NI 43-101 Technical Report and the initial Mineral Reserve and Resource estimate for the La Guitarra Silver Mine located in the State of Mexico. All amounts are in U.S. dollars unless stated otherwise.

IMPACT Silver Corp. is pleased to announce additional high grade silver drill results from the San Ramon Deeps Zone in the Royal Mines of Zacualpan Project in central Mexico. IMPACT recently began mining this new wide, high grade vein which is largely responsible for the rising silver grades reporting to the mill. Results from these new drill holes include the following:

México posee zonas de abundantes depósitos de minerales en su lecho marino, lo que despertó ya el interés de empresas transnacionales por realizar las primeras explotaciones de estos recursos, esto marcará el inicio de la transición de la actividad minera de la tierra al mar.

SilverCrest Mines Inc. is pleased to announce results of the exploration and resource expansion drilling program completed in late 2014 at the 100% owned Santa Elena Mine in Sonora, Mexico. Twenty-one drill holes, totalling 9,393 metres were completed to explore the western and eastern extensions of the Santa Elena Main Mineralized Zone…

Arian Silver Corporation, a silver exploration, development and mining company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report that first concentrate production has been achieved at its wholly-owned San José project.

Riverside Resources Inc. is pleased to announce that it has signed an option agreement with Argonaut Gold Inc. to acquire a 100% interest in the Glor Gold Project, located approximately 8 km west of AuRico’s El Chanate Mine in Sonora, Mexico. The Project acquisition and initial mapping and sampling work was completed as part of alliance funded activities through Riverside’s strategic alliance with Hochschild Mining Plc.