Category: Exploration and Development

Mexus Gold US: Martha Elena/Julio Project and 2015 Update

Mexus Gold US gave an update on its flagship property and its plans for 2015. For the past several months, Mexus has been in discussions with multiple companies on the potential to joint venture the project. Unfortunately, the offers that were received fell short of what the company and shareholders would expect. These offers, if accepted, would have tied the property up for years while the partner company did exploratory drilling with an unknown timeline on production. In addition, the initial investment being asked by Mexus was not being met. Mexus will continue to be open to any joint venture possibilities that arise.

Declararán territorio libre de minería a Ixtacamaxtitlán

A la luz de vivencias como la de los pobladores de Carrizalillo, Guerrero; pero también del resultados de investigaciones científicas, más de un centenar de personas, incluido el alcalde Eleazar Hernández Arroyo y su cabildo, se reunieron en un salón del Palacio Municipal de la cabecera para analizar los efectos de la minería y continuar documentando las violaciones a los derechos humanos que se han producido en esta demarcación de la Sierra Norte del estado.

Cancellation of Agreement to Acquire La Diana Concession

VENDOME RESOURCES CORP., a Toronto, Canada based minerals exploration company with key exploration assets in Guerrero State, Mexico and the Borden Lake Gold District, Ontario, Canada, announces that it has cancelled its agreement with Camsim Minas S.A. de C.V., of Mexico City, Mexico, which would have acquired 100% of the La Diana concession. The agreement was previously announced on September 22, 2014. All other agreements with Camsim remain in effect.

Desairan autoridades estatales foro ambientalista

La nueva Ley Federal de Responsabilidad Ambiental, “rebasa la capacidad de las autoridades para entenderla y aplicarla”, expresó Rafael Cereceres Ronquillo, moderador del Foro de Responsabilidad Ambiental, Fortaleza o Debilidad, organizado por la Asociación de Ingenieros en Minas, Metalurgistas y Geólogos de México, Distrito Zacatecas.

Corex Corporate Update and Path to Commercial Production

Corex Gold Corp. is pleased to announce a corporate update on the company’s Santana property in Sonora State, Mexico. The first milestone was a first tranche private placement provided by H Morgan & Company. A second tranche will also be made as and when necessary by H Morgan & Company, as stated in the agreement, for a total of, $1,250,000 million. This first tranche will fund an exploration and development program, the second tranche is expected to fund start-up production.

Kootenay Mobilizes Plans for Phase II Drill Program on La Negra

Kootenay Silver Inc. is pleased to announce that camp upgrades and drill targets are being finalized and work crews are being mobilized for an upcoming Phase II drill program on its Promontorio La Negra Silver discovery in Sonora, Mexico. An announcement of the official start date of drilling will be forthcoming in the near future.

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