Category: Exploration and Development

Cuando Germán Larrea dejó al gobierno del presidente Peña Nieto la advertencia de que se verían en los tribunales, su abogado era Fernando Gómez Mont, y llegó a Los Pinos su versión de que le habían pedido 200 millones de dólares para resolver el conflicto, dinero que, dijo, sería utilizado para las campañas políticas, se endureció la postura oficial.

Mammoth Resources Corp. is pleased to announce that it has submitted its permit application to drill its Tenoriba precious metal property located in southwestern Chihuahua state, Mexico (click here for a detailed location map). The application is for permission to drill up to 20 drill holes under an “Informe Preventivo” or “Aviso de Inicio de Actividades de Proyectos de Exploracion Minera Directa” (NOM-120-ECOL-1997) and was submitted to the SEMARNAT (Secretariaria de Medio Ambiente y Recursos Naturales) office in Chihuahua, Mexico. It may require up to 30 business days to review and receive comments, or approve the company’s application. Once the company has received approval and subject to financing, it intends to initiate access road and drill pad construction and repair as a preliminary step to drilling. Quotes have been received from seven drill contractors on 11 different drill rig (reverse circulation or core) services with all-in estimated costs (drilling, sample analysis, travel, accommodations and labour) as low as US $320,000.

Liseth Mendez and Judas Barrios milk two cows covered in a cloud of tiny persistent flies as the sun taints in red the surrounding mountains near a ranch less than a kilometre from the Sonora River.

Cuando el pasado 6 de agosto sobrevino el derrame de 40 mil metros cúbicos de sulfato de cobre acidulado en los ríos Sonora y Bacanuchi, iniciaba una de las vencidas más fuertes del presidente Enrique Peña Nieto con el dueño de una de las dos fuerzas económicas más poderosas del país, Germán Larrea, de Grupo México.

Oceanus Resources Corporation is pleased to announce assay results from the recently completed drilling program at the La Lajita property in Durango, Mexico. The program consisted of twenty-one holes totaling 3,002.5 meters of PQ triple tube core (PQ3) diamond drill core at the Santo Nino and Dos Hermanos Prospects.

Aura Silver Resources Inc. is pleased to provide an update on recent activities on its East Taviche property in Oaxaca State, Mexico and its Greyhound property in Nunavut, Canada. These activities include exploration and reconnaissance work recently initiated on East Taviche, as well as an initial drill program by Aura Silver’s option agreement partner Agnico Eagle Mines Limited at Greyhound.

Azure Minerals Limited is pleased to report that it has received final assays for all holes from the recently completed exploration drilling program at the Company’s 100%-owned Cascada deposit.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, reports that it continues to make excellent progress on the refurbishment and reassembly of the processing plant at the Company’s San José project site.

La mañana de este lunes, Grupo México depositará los primeros 500 millones de pesos del Fideicomiso creado para atender la emergencia por el mayor desastre ecológico en la historia de la minería nacional, afirmó Guillermo Haro Bélchez, fiscal de la Procuraduría Federal de Protección al Ambiente (Profepa).

La quinta parte del país está concesionada al sector minero. Hasta este año, la Secretaría de Economía había expedido más de 32 mil permisos para llevar a cabo actividades de exploración y explotación minera en 36 millones de hectáreas, lo que equivale a 20% del territorio nacional.