Category: Exploration and Development

Newstrike Capital Inc. is pleased to announce results of a successful exploration program on its Ejutla Property located in Oaxaca State, Mexico. Three significant mineralized structural corridors, each host to extensive gold and silver bearing low sulphidation epithermal veins, have been identified.
“Our exploration efforts at Ejutla confirm a target-rich environment and results underpin the exciting potential for substantial extensions to known mineralized systems,” commented Richard Whittall, President and CEO of Newstrike. “The Ejutla Property is located within the Taviche Mining District, an area already well known for its significant gold and silver production.”

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated drilling at the San Pedro property in Michoacán, Mexico. Amarium has been engaged in exploration of the San Pedro Mine since mid-February, conducting trenching activity and soil sampling throughout the property. The drill program has planned for the completion of 20 drill holes, which will be primarily concentrated along the Southern region.

Oceanus Resources Corporation last week commenced the Phase II diamond drilling program at the high-grade Santo Nino gold prospect on the La Lajita gold property in Durango, Mexico. Oretest SpA Drilling Services is conducting a 3,000 meter diamond drill program for Oceanus to test the downdip extension of the high grade clavos at depths between 100 and 300 meters.

GoGold Resources Ltd. is pleased to announce that the company has poured its first silver-gold bar at its Parral Mine in Chihuahua, Mexico. Construction is within budget and on time. This significant event puts GoGold on a path to becoming a profitable silver-gold producer as the project moves towards full commercial production later this year. Parral will produce strong cash flow that will support continued growth for the company.

International Northair Mines Ltd. is pleased to announce that its Board of Directors has approved an exploration budget for the La Cigarra silver project, located in north central Mexico. Planned work includes over 5,000 metres of core drilling designed to expand the mineral resource and complete initial drill testing of new target areas.

San Marco Resources Inc. has elected to discontinue all involvement at its Tecomate Project in Sinaloa State, Mexico.

Reports 2.0 Metres of 976 g/t Ag Equivalent – 12 g/t Au and 256 g/t Ag

Directivos de AHMSA sostuvieron una reunión de trabajo con los nuevos secretarios generales y funcionarios de las seis secciones sindicales que agrupan a los trabajadores del Área Carbón de Minera del Norte, que comprende las Unidades MICARE y MIMOSA.

Acudió la práctica totalidad de las autoridades competentes. No era para menos: hoy se inauguraba en el Museo Nacional de Arqueología Subacuática de Cartagena la exposición que muestra por fin al público el tesoro de la fragata Nuestra Señora de las Mercedes. España lo recuperó tras una larga pelea judicial con la compañía de cazatesoros Odyssey, que lo extrajo del fondo del mar donde el navío se hundió en 1804.

Ternium Mexico is currently developing FB-540 steel grade, with a ferrite-bainite structure, used to manufacture rims for the automotive industry, thus, becoming the first company to produce this grade of steel in Mexico.