Category: Exploration and Development

Orex and Fresnillo Add a Second Drill Rig to the Coneto Silver-Gold Project in Durango

Orex Minerals Inc. in conjunction with their project partner Fresnillo PLC, have mobilized a second exploration diamond drilling rig to their Coneto Silver-Gold Project in Durango, Mexico, and a third drill rig is being planned. A joint technical committee, with both Orex and Fresnillo representation, is guiding the Coneto project, with Fresnillo as the operator.

Drilling Commences at Cascada

Azure Minerals Limited is pleased to announce that a 10 hole, 1,500m diamond core drilling program has commenced at its 100%-owned Cascada copper deposit, part of the Promontorio Project located in the state of Chihuahua, Mexico.

Golden Minerals’ Mining Underway; Additional Vein Added To Plan

Golden Minerals Company is pleased to announce it restarted mining at its Velardena Properties on July 1, 2014.Velardena was previously held in care and maintenance after production was suspended in mid-2013 due to depressed precious metals prices. The Company used the operating down time to conduct a 9,000-meter drilling program and to develop a new mining plan that indicates positive net cash flow from the Velardena Properties after production is ramped up through the second quarter 2015. Planning economics assume precious metals prices of $20per ounce silver and $1,250 per ounce gold.

Fortuna Intercepts 854 g/t Ag and 5.0 g/t Au Over 3.3 m in Trinidad North Step-Out Drilling at the San Jose Mine, Mexico

Fortuna Silver Mines Inc. is pleased to announce results for additional step-out drilling of the Trinidad North discovery located contiguous with the San Jose Mine in Oaxaca, Mexico. Results are included for eleven drill holes completed from April through June of 2014, confirming that the high-grade silver-gold mineralization remains open along strike to the north and to depth.

Sonora cuenta con clúster minero

El Clúster Minero de Sonora, conformado este día, diseñará estrategias para integrar al sector con otras actividades productivas en la entidad.

Mexus Gold US Agreement With Gold Grabber LLC

Mexus Gold US announced that on July 3, 2014 the company signed a contract with Hank Schimschat, owner of Gold Grabber LLC, buying an interest in its Nome, AK based offshore gold mining operation. Hank Schimschat is best known for his role on Discovery Channels hit show Bering Sea Gold. The agreement will have the company paying 1.2 million restricted shares to Mr. Schimschat. Mexus president Paul Thompson stated “The cost of this deal is an affordable way to bring the name Mexus Gold US to millions of viewers worldwide.”

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