Category: Exploration and Development

Drilling to test priority targets near high grade Don Ese deposit; convert inferred resources to measured and indicated; undertake geotechnical testing – Program to upgrade last month’s successful Preliminary Economic Assessment (PEA) to PFS level – Base line studies commenced for environmental permitting applications

VVC Exploration Corporation is pleased to announce that its wholly owned subsidiary, Camex Mining Development Group Inc. has signed a loan agreement with Aeris Trading Corp. for a loan of up to US$4 million which was previously announced by press release dated August 11, 2014. The loan agreement has been conditional accepted for filing by the TSX Venture Exchange. The loan will provide funds for the completion of the permit and mine planning process on the Samalayuca Copper project in Northern Chihuahua Mexico which is 33.75% owned by VVC. Once the planned pilot mine is operating, the loan will be repaid from the proceeds of VVC’s share of the Samalayuca mining revenue.

En los ocho meses del 2014 en la industria minera zacatecana se ha registrado la muerte de cuatro trabajadores debido a accidentes laborales, confirmó el delegado de la Secretaría del Trabajo y Previsión Social (STPS), Gilberto Zapata Frayre.

Grupo México aseguró este lunes que su mina Buenavista del Cobre opera con normalidad luego de que autoridades hicieran el viernes un cateo en sus oficinas, en medio de una investigación por un derrame de 40 mil metros cúbicos de sulfato de cobre en los rios Bacanuchi y Sonora.

Campesinos del ejido El Bajío de Caborca, Sonora, denunciaron que, pese a las resoluciones dictadas por el Tribunal Unitario Agrario (TUA) y ratificadas por la Suprema Corte de Justicia de la Nación (SCJN), la compañía minera estadunidense Penmont continúa saqueando sus tierras con el apoyo de autoridades federales.

Grupo México refirió que el cateo concluyó el sábado y que en ‘ningún momento se afectó el funcionamiento del complejo minero, el cual continúa operando normalmente’

Funcionarios de la Procuraduría General de la República (PGR) y de la Procuraduría Federal de Protección al Ambiente (Profepa) instalaron sellos de clausura en al menos siete oficinas en la mina Buenavista del Cobre, propiedad de Grupo México, en Cananea.

Las eventuales sanciones de las autoridades mexicanas contra Grupo México no tienen que estar sujetas a posicionamientos políticos, sino técnicos, manifestó el presidente de la Confederación Patronal de la República Mexicana (Coparmex), Juan Pablo Castañón.

Aura Minerals Inc. regrets to report the occurrence of a fatal accident at the Aranzazu Mine in the State of Zacatecas, Mexico on the morning of August 27, 2014. A miner employed by Aranzazu was fatally injured above ground when unexpected movement of material from a side-wall breached his equipment.

Kootenay Silver Inc. is pleased to announce drilling has commenced on its La Negra Diatreme Breccia prospect, located within Kootenay’s Promontorio property and approximately 6-7 kms north of Kootenay’s flagship Promontorio Silver Resource in Sonora, Mexico. The program is contracted to be a minimum of 2500 meters of core drilling with HQ diameter core. It is anticipated 15 to 20 holes will be drilled in the inaugural program. Drilling is being conducted by BD Drilling of Guadalajara, Mexico.