Category: Exploration and Development

El Tigre Silver Corp. is pleased to announce strong assay results from El Tigre’s continuing year round exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the Southern vein area where a total of 110 surface and 57 underground samples were collected. Assay results from four samples of underground backfill material ranged from 1.28 gpt Au to 4.32 gpt Au and 262 gpt Ag to 468 gpt Ag.

Soltoro Ltd. has initiated a panel sampling program on its 100%-owned Tecolote gold project located in Jalisco, Mexico. The program is intended to test several zones of hydrothermal alteration for bulk tonnage gold targets. The Tecolote Project lies within the Guachinango District, which includes Soltoro’s El Rayo Primary Silver Project and Cayden Resources’ El Barqueño Gold Project (Cayden is the subject of a recently announced acquisition by Agnico Eagle Mines Limited). In this part of Jalisco, mineralization occurs within a broad northwest-trending belt of gold-silver mining districts that also includes Endeavour Silver’s San Sebastian Project and Soltoro’s Quila Project.

CANGOLD LIMITED reports that initial field work on the Guadalupe de los Reyes Gold-Silver Project in Sinaloa State, Mexico has returned high grade gold and silver assays. Cangold geologists are focusing on detailed geological mapping, trenching, and rock sampling in order to further define the numerous mineralized structures on the property.

Avino Silver & Gold Mines Ltd. is pleased to announce that the processing of underground material from the re-opened Avino Mine began as planned on September 1. Initial feed is from material that was blasted prior to the mine shutting down in 2001; currently this material is being processed using Circuit #2.

Azure Minerals Limited is pleased to report that it has received further assays from the recently completed exploration drilling program at the Company’s 100%-owned Cascada deposit.

En encuentro se tendrá el próximo miércoles y el propósito es impulsar un programa para atender a los pobladores que resultaron afectados por el desastre natural.

Grupo México anunció la creación de una reserva de 300 millones de pesos para asegurar la reparación de los daños causados tras el derrame de 40 mil metros cúbicos de sulfato de cobre y otras sustancias tóxicas en el río Sonora.

SilverCrest Mines Inc. is pleased to announce results of underground infill drilling completed in July, 2014 at its 100% owned Santa Elena Mine in Sonora, Mexico. Twenty five closely-spaced underground drill holes, totaling 2,856 metres were completed to better define reserves and verify widths and grades for planned production stopes. The results of all holes included in this news release will be part of the resource update scheduled to be completed by early 2015.

United States Antimony Corporation reported that natural gas had been turned on at its Mexican Madero Smelter. Natural gas will be approximately seventy percent lower than the cost of propane, and it is expected to significantly increase the gross margin. The Company is also adding four more furnaces that will increase smelter output by 50% and start reducing the inventory of smelter feed. Presently, the smelter is shipping antimony metal of a very high grade similar to Chinese Grade 1. All production is in a sold out status.

Cerca de unos 250 transportistas que ofrecen sus servicios a la empresa acerera ArcelorMittal, amagaron con realizar un bloqueo a la entrada de la misma el próximo miércoles, toda vez que exigen el incremento del 25 por ciento a la tarifa por traslado de tonelada de mineral; la compañía solamente les ofrece un ocho por ciento, lo que ellos consideran un abuso.