Category: Exploration and Development

Tarsis Resources Ltd. is pleased to provide an update on its continued exploration at the Yago project located in Mexico. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment. The project hosts three significant centers of mineralization within a 15 by 15 km area. Tarsis follows the prospect generator business model and is carrying out this exploration to upgrade the project as part of its efforts to attract an option partner.

First Mexican Gold Corp. would like to update its shareholders on activities at the Guadalupe property exploration site.

Cyprium Mining Corporation announced today that it has completed its first phase of drilling on its Las Cristinas property located in Chihuahua State, Mexico. This phase of the Company’s exploration program included a total of 1,204 meters of diamond drilling and focused on the North Mount and South Mount, a 550 meter long mineralized section located at the southern end of the property where copper production took place in the early 70s. A total of twelve holes were drilled to a maximum vertical depth of 150 meters. The main objective of phase one was to test potential sulphide copper/silver mineralization at depth. The drilling program also forms part of the Company’s plan to produce an initial NI 43-101 compliant resource report by the end of 2014.

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.

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 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 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.

International Northair Mines Ltd. is pleased to announce that it has now acquired a 100% interest in the six (6) original mineral concessions at the La Cigarra silver project, located in north central Mexico.

El Viceministerio de Minería tiene previsto reunirse hoy con una comisión de la empresa, la Comibol y un grupo de trabajadores.

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