Category: Exploration and Development

Grupo México, a través de su filial Buenavista del Cobre, informó a los inversionistas la creación de un fideicomiso por dos mil millones de pesos para la reparación ambiental y pago de daños materiales por el derrame de 40 mil metros cúbicos de sulfato de cobre en ríos de Sonora.

Hecla Mining Company announced results from its shallow in-fill and exploration drilling program on the North and Middle Veins at its San Sebastian property in Durango, Mexico.

Cayden Resources Inc. is pleased to announce additional drill results from Angostura, the third of eight priority targets being tested at the Company’s El Barqueño Gold project in Jalisco, Mexico.
Highlights include 9 meters of 7.67 g/t Au including 2.0 meters of 28 g/t Au in hole 96 and 10 meters of 1.49 g/t Au in hole 92.

Torex Gold Resources Inc. is pleased to announce that infill drilling in the El Limon Sur portion of the El Limon deposit has added a net 126,000 ounces of gold in the measured and indicated category. The El Limon Sur area is now estimated to contain 2.6 million tonnes in the measured and indicated categories, grading 2.73 g/t, for 225,000 ounces of gold, and 2.3 million tonnes, grading 2.45 g/t for 182,000 ounces of gold in the inferred category.

Un desaire de Grupo México a la reunión convocada por alcaldes para encontrar una solución de fondo al problema ocasionado por el derrame tóxico al río Sonora, podría detonar un estallido social en comunidades de los siete municipios afectados, donde la gente está harta de paliativos.

Marlin Gold Mining Ltd. is pleased to announce that it has received Mexican federal government approval of its Environmental Impact Statement at the El Compas project in Zacatecas, Mexico. The MIA was approved on September 2, 2014. The state-level change of land use permit from the State of Zacatecas was issued in 2013. In addition to Marlin’s flagship La Trinidad mine, El Compas is now the second project Marlin has permitted in Mexico over the last two years.

GoGold Resources Ltd. is pleased to provide an update on the commissioning of its Parral Tailings Project in Mexico. Commissioning of the main plant began in June 2014 and production rates have been consistently increasing as ramping up continues. As of August 31st, 2014, approximately 180,000 tonnes have been agglomerated and stacked on the lined heap leach pad and a total of 61,000 ounces of silver and 105 ounces of gold have been produced as dore. In accordance with the mine plan, the first material being treated is from Zone 3 (known as the Red Hill). The performance to date has met or exceeded expectations based on the following performance indicators:

El Tigre Silver Corp. is pleased to announce strong assay results from El Tigre’s continuing year round exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the Southern vein area where a total of 110 surface and 57 underground samples were collected. Assay results from four samples of underground backfill material ranged from 1.28 gpt Au to 4.32 gpt Au and 262 gpt Ag to 468 gpt Ag.

Soltoro Ltd. has initiated a panel sampling program on its 100%-owned Tecolote gold project located in Jalisco, Mexico. The program is intended to test several zones of hydrothermal alteration for bulk tonnage gold targets. The Tecolote Project lies within the Guachinango District, which includes Soltoro’s El Rayo Primary Silver Project and Cayden Resources’ El Barqueño Gold Project (Cayden is the subject of a recently announced acquisition by Agnico Eagle Mines Limited). In this part of Jalisco, mineralization occurs within a broad northwest-trending belt of gold-silver mining districts that also includes Endeavour Silver’s San Sebastian Project and Soltoro’s Quila Project.

CANGOLD LIMITED reports that initial field work on the Guadalupe de los Reyes Gold-Silver Project in Sinaloa State, Mexico has returned high grade gold and silver assays. Cangold geologists are focusing on detailed geological mapping, trenching, and rock sampling in order to further define the numerous mineralized structures on the property.