Candente Gold Corp. is pleased to announce it has signed a Letter of Intent for an agreement pertaining to the Mexico Mine Tailings Reprocessing Operation planned at El Oro, Mexico.
Minaurum Gold Inc. is pleased to announce that it has entered into a formal access agreement with the community of Huitziltepec at its Vuelcos del Destino Project that allows Minaurum to acquire federal drill permits.
GREAT PANTHER SILVER LIMITED announces an updated Mineral Resource Estimate at the San Ignacio Mine, part of the Company’s wholly-owned Guanajuato Mine Complex in Guanajuato, Mexico.
Kootenay Silver Inc. is pleased to announce that camp upgrades are complete and Phase II drilling has now commenced on its La Negra Silver discovery, contained within the Promontorio Mineral Belt in Sonora, Mexico. The Phase II program is expected to comprise of approximately 30 drill holes once completed. B.D Drilling of Guadalajara, Mexico is the drill contractor.
SilverCrest Mines Inc. is pleased to announce initial results of exploration drilling at the El Durazno Target within the 100% held Ermitaño I concession inSonora, Mexico. Nine (9) shallow drill holes, totalling an estimated 2,656 metres have been completed. The objective was to initially drill test surface mineralization for potential open pit targets. El Durazno is the first of several targets identified by surface work to be drilled in the Ermitaño I & II and Cumobabi concessions. Please refer to news releases dated January 14, 2014 and November 18, 2014 on the Company’s website at www.silvercrestmines.com for more information.
Further to its press release of January 23, 2015, Starcore International Mines Ltd. announces that it has closed the transaction to acquire all of the shares of Creston Moly Corp. from Deloitte Restructuring Inc., in its capacity as trustee in bankruptcy of Mercator Minerals Ltd., at a purchase price of Cdn$2 million.
GoGold Resources Inc. is pleased to announce that the definitive agreement has been signed, due diligence has been completed, and the company has received an NI 43-101 mineral resource estimate by P & E Mining Consultants Inc. on the newly acquired Promotora tailings at Parral, Mexico. The new additional 12.6 million ounces in the silver equivalent mineral resource estimate represents a significant increase in mineral resources located in close proximity to the Parral heap leach facility. GoGold has previously released a 35 million ounces of silver equivalent (50/1) reserve at Parral (See press release dated February 21, 2013), and the new tailings will add a further 12.6 million ounces of silver equivalent resources that could be processed at the existing facility.
Gainey Capital Corp. is pleased to announce it has signed a new 10 year “Working Agreement” with the San Andres Milpillas Indian Community (Comunidad Indigena de San Andres Milpillas), in the State of Nayarit, Mexico, where Gainey owns and operates the mining concessions of approximately 15,000 Hectares. The agreement includes increased access to a large number of skilled and unskilled local workers, as well as heavy equipment at very attractive rates. This is the final community agreement relating to Gaineys Mexican mining concessions and is a key step in supporting Gaineys aggressive 2015 ore processing and exploration plans at its El Colomo gold and silver property, where 21 strongly mineralized bodies have already been identified.
Riverside Resources Inc. is pleased to announce that the Company has staked and is in the process of acquiring title to the 128 km2 Thor Copper Project in Sonora, Mexico. The Project was acquired as a part of funded alliance activities through the Companys copper porphyry exploration alliance with a wholly owned subsidiary of Antofagasta plc.
Sierra Metals Inc. is pleased to announce a $9 million budgeted exploration program for 2015 to drill over 75,000 meters on its three operating mines in Peru and Mexico and over 4,000 meters on two exploration targets in Mexico.
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