Category: Exploration and Development

Northair Silver Corp. is pleased to announce the results of its updated resource estimate prepared by Allan Armitage, PhD, P. Geo. and Joe Campbell, B.Sc., P. Geo., of GeoVector Management Inc. for its flagship La Cigarra silver project located in Chihuahua State, Mexico. Northair’s first resource estimate for the Project was included in a technical report entitled “San Gregorio/Las Carolinas Resources Technical Report, La Cigarra Project, Chihuahua, Mexico” dated effective February 20, 2013.

BACANORA MINERALS LTD. is pleased to announce that it has received drilling results from all of the 24 reverse circulation drill holes that were completed on the southern half of the Buenavista concession in December. The Buenavista concession forms part of the lands held by Megalit S.A. de C.V. which is 70 percent owned by Bacanora and 30 percent owned by Rare Earth Minerals PLC. Megalit is part of the Sonora lithium project.

Arian Silver Corporation, a silver exploration, development and production company focused on silver projects in the silver belt of Zacatecas, Mexico, is pleased to report the mechanical completion of the lead-silver circuit, and the on-going commissioning of its fully-funded and permitted processing plant at the Company’s wholly-owned San José project.

Plata Latina Minerals Corporation announces results from the five additional drill holes completed during the Company’s recent drill program on its Naranjillo project located in Guanajuato State, Mexico.

Soltoro Ltd. has identified a new gold zone on its 100%-owned El Rayo project located in Jalisco, Mexico. The newly identified Tierra Blanca gold target is located along the western concession boundary of Soltoro’s El Rayo Project and extends onto Agnico Eagle’s El Barqueno property. Anomalous gold mineralization occurs in a series of west-northwest-trending zones of argillic alteration containing varying amounts of subparallel quartz veining or silicification. Alteration zones are up to five metres in width containing individual zones of veining up to one metre in width. To date, eight chip samples have been collected from exposures in the area yielding values ranging from 9 ppb gold to 161 ppb gold (0.161 g/t gold) with seven of the eight containing greater than 10 ppb gold and two containing greater than 100 ppb gold. Anomalous gold is associated with sporadic, low-level anomalies in arsenic, silver, bismuth and molybdenum.

Gold Resource Corporation today announced high-grade mineralization at its Alta Gracia property with drill intercepts including 5.06 meters of 1.53 grams (0.05 ounces) per tonne gold and 1,383 grams (44 ounces) per tonne silver. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $101 million to shareholders in monthly dividends since commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

El delegado de la Secretaría de Gobernación, Adolfo García Morales, admitió hoy que ha sido “tortuosa” la negociación con Grupo México para el pago de indemnizaciones a damnificados por la contaminación minera de los ríos Sonora y Bacanuchi.

Since completing the acquisition of Mil-Ler, the owner of the NevMex Iron Ore project in Mexico, Tonogold has been developing and formulating various strategies in light of the current weak environment for iron ore. The NevMex project has remained on care-and-maintenance during this period, at minimal holding cost and in doing so we are not suffering from operating losses being incurred by other producers as a result of the low iron ore price.

A 5 meses de la peor tragedia ecológica en Sonora provocada por el derrame de más de 40 mil metros cúbicos de ácidos y químicos de la minera Buenavista del Cobre ocurrida el pasado 6 de agosto, hoy las víctimas de la negligencia deambulan errantes en Palacio de Gobierno y en las delegaciones federales sin ser atendidos…

Mexican mining company Industrias Peñoles announced on January 5th that it was suspending operations at its Naica lead, zinc and silver mine in Chihuahua state in the wake of flooding last week.