Category: Exploration and Development

Bajas multas a Grupo México por derrame Sonora: CEMDA. Con Ciro Gómez Leyva

Ante las multas económicas o arresto administrativo, las cuales considera como bajas, Gustavo Alanís, director del Centro Mexicano de Derecho Ambiental (CEMDA), señaló que la ley también contempla la clausura definitiva o revocación de concesiones a la minera Grupo México, debido a que el daño por el derrame en el Río Sonora es un daño el cual también afecta la vida de las personas.

Lincoln Announces Sale of La Bufa Property

Lincoln Mining Corporation, announces it has entered into a Purchase Agreement (the “Agreement”) with Endeavour Silver Corp. to sell the La Bufa property for a total consideration of 90,000 common shares of Endeavour at an issue price per Payment Share equal to the volume weighted average price of the Purchaser’s shares for the ten trading days immediately preceding the Closing Date less that number of Payment Shares equal to the Prepayment Amount.

REM gives Sonora Lithium Project update

Rare Earth Minerals said Bacanora Minerals Ltd has issued an update on the Sonora Lithium Project. REM has an 11.90% shareholding in Bacanora, its JV partner in the Sonora Lithium Project in Mexico.

Minera cuestiona acciones de Profepa por derrame en Sonora

Buenavista del Cobre, subsidiaria de la minera Grupo México, cuestionó las acciones legales que llevó a cabo la Procuraduría Federal de Protección al Ambiente (Profepa), por el derrame de soluciones de cobre en el Río Bacanuchi afluente del Río Sonora, en el estado de Sonora.

Gold Mineralization Extended at Cascada

Azure Minerals Limited is pleased to report that it has completed its exploration drilling program at the Company’s 100%-owned Cascada deposit. Encouraging initial assay results have been received.

Mexus Gold US Reaches Agreement to Begin Drilling Its Julio/Santa Elena Property; San Felix Update

Mexus Gold US announced today that it has reached a tentative agreement with a driller to operate the companies two track mounted core drills. The initial agreement is to produce 2500ft of core drills. The results of these core samples will give engineers the information needed to lay out a reverse circulation program. The reverse circulation operation will include 30,000ft of drilling to a depth of 300ft.

Almaden Finds New Volcanic Hosted Mineralisation Beside Ixtaca Deposit, Mexico, Hits 15.00 Meters of 4.43 g/t Gold and 9.5 g/t Silver

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2014 drill program at the Company’s 100% owned Tuligtic project, Mexico. Recently the company released a positive PEA on the Ixtaca deposit. The mineral resources incorporated into the PEA mine plan were comprised of 29% Measured, 55% Indicated and 16% Inferred. The results reported today are from drilling carried out subsequent to the 2014 resource update and PEA and designed to test for additional mineralisation near the known deposit. Hole TU-14-438 hit an interval of high grade volcanic hosted gold mineralisation, including 15.00 meters of 4.43 g/t gold and 9.5 g/t silver, immediately adjacent to the known deposit and just outside of the PEA base case pit. Also reported today are significant results from hole TU-14-436 which intersected 27.00 meters of 0.45 g/t gold and 1.7 g/t silver, also outside of the PEA base case pit and southeast of the known deposit.

Big North Releases Tetra Tech Report on El Tejon Flake Graphite Mill – $2.25 – $5 Million USD Estimated to Refurbish the El Tejon Mill

BIG NORTH GRAPHITE CORP. announces that the Company has released a report prepared by Tetra Tech WEI Inc titled “Grafito De Mexico Property Plant Assessment Report” and dated August 13, 2014, regarding the Company’s recently acquired El Tejon project located in Oaxaca, Mexico. Big North commissioned the Report as part of its due diligence process and a site visit was completed January 17-20, 2014, by Andre de Ruujiter, P. Eng, of Tetra Tech.

Avino Expansion & Operational Update

Avino Silver & Gold Mines Ltd. is pleased to announce the following expansion update from its Avino mine and operational update from its San Gonzalo Mine, both of which are located on Avino property, 80km northeast of Durango, Mexico.

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