Category: Exploration and Development

Golden Minerals Company announced today the results of a National Instrument (NI) 43-101-compliant Preliminary Economic Assessment for its Velardena Properties which are located in Durango State, Mexico.

Mexus Gold US released an amended geology report for its Santa Elena/Julio property. The report, written by Geologist Cesar Lemas, expands on his previously published report. Most notable is Mr. Lemas’ recommendation to pursue an aggressive drilling program leading to production. CEO Paul Thompson added “This report supports our short term goal which is to get the underground mine operation started and to begin a drilling program.” The updated report can be found here. Cesar Lemas Updated Report

GREAT PANTHER SILVER LIMITED and Cangold Limited are pleased to announce that they have entered into a binding letter agreement dated February 25, 2015 pursuant to which Great Panther will, subject to the terms and conditions of the Letter Agreement, acquire all of the issued and outstanding common shares of Cangold by way of a statutory plan of arrangement. This transaction will result in Great Panther adding the option to acquire more than 6,000 hectares of the Guadalupe de los Reyes gold-silver Project in Sinaloa…

MiningWatch is blaming diplomats at Canada’s embassy in Mexico for overlooking Toronto-based Excellon Resources Inc.’s efforts to avoid redressing a violated land-use contract and repression against a peaceful protest in 2012.

Azure Mienrals LImited is pleased to announce that it has acquired a strategic landholding in Mexico’s premier graphite mining district by staking three mineral concessions to form the Telix Graphite Project.

La minera belga Nyrstar NV suspendió temporalmente las actividades en su mina Campo Morado en el estado de Guerrero debido al deterioro en la seguridad de esa entidad.

SOURCE EXPLORATION CORP. announced today the signing of a diamond drilling contract for commencement of its 2015 drill campaign at the Las Minas property, Veracruz State, Mexico. Source has contracted with K.D.L. Mexico S.A de C.V. for a minimum of 2,000 metres of drilling, scheduled to get underway in early March.

Garibaldi Resources Corp. is pleased to announce that it has signed a Letter of Intent with Gainey Capital Corp. to initiate an immediate program to deliver mineralized material from the Company’s La Patilla Gold Property in Sinaloa State, Mexico, to Gainey’s 300 tpd processing facility just 40 miles to the southeast.

San Marco Resources Inc. has signed an agreement with Argonaut Gold Inc. to acquire 100% ownership of the Mariana property, a 73,902 hectare land package in the vicinity of the Company’s Cuatro de Mayo project in eastern Sonora State, Mexico. As a result, San Marco now owns or has optioned full ownership of approximately 93,000 hectares of highly prospective ground in the Sierra Madre Occidental Gold Belt and is one of the largest exploration landholders in the area.

Documentos confidenciales de la embajada canadiense en México muestran el apoyo que le brindó a la empresa minera Excellon Corporation para acabar con la protesta de mineros y ejidatarios de La Sierrita, Durango que demandaban el saneamiento de las aguas contaminadas y el cumplimiento de derechos laborales.