Category: Exploration and Development

Tosca completes initial drilling on Carol Copper Project

Tosca Mining Corp announces that it has completed an initial drill program on its Carol Copper project located in southern Sonora State, Mexico. The program consisted of six HQ size angled drill holes (-50 degree to -60 degrees) totaling 577 metres, that was designed to investigate the continuity and potential extent of skarn mineralization encountered in trenches and outcrop.

Cayden drills 26 meters of 2.35 g/t gold, 38 meters of 1.47 g/t gold and 70 meters of 0.80 g/t gold

Cayden Resources Inc. is pleased to announce results for 9 additional drill holes from the Pena de Oro target at the Company’s El Barqueno Gold Property in Jalisco State, Mexico.
 Drilling highlights include 26 meters of 2.35 g/t Au in Hole 50, 30 meters of 1.61 g/t Au in Hole 49, 38 meters of 1.47 g/t Au and 0.67% Cu in hole 52, and 70 meters of 0.80 g/t Au and 0.49% Cu in hole 54.

San Marco Acquires Cuatro de Mayo Project

San Marco Resources Inc. has signed an agreement granting the Company an option to acquire a 100% interest in the Cuatro de Mayo Project in eastern Sonora State, Mexico, subject to regulatory approval including the approval of the TSX Venture Exchange.

Canadienses desarrollan 9 proyectos mineros en Puebla, México

El gobierno federal tiene identificados nueve proyectos mineros de empresas de origen canadiense en el estado de Puebla, y uno más que se encuentra suspendido temporalmente en con inversión China, según el reporte de datos económicos del Servicio Geológico Mexicano dependiente de la Secretaría de Economía federal.

Minera El Cubo se prepara para lluvias

Los trabajos fueron realizados a lo largo de más de 300 metros del cauce del arroyo y se espera que gracias a los mismos se minimicen los potenciales daños que pudieran sufrir

West Melville confirms high grade copper on the Alex Property, Sonora, Mexico

West Melville Metals Inc. has completed an initial due diligence investigation on the Alex Copper Property located in Sonora, Mexico. Results are sufficiently encouraging for the Company to mount a follow-up field program which will commence immediately. The aim of the follow-up program will be to conduct a systematic surface sampling program over the main area of mineralization and to compile an initial property scale geological map.

Chesapeake Acquires Metates Royalty

Chesapeake Gold Corp. wishes to announce that it has acquired the 1.5% net smelter return royalty on its 100% owned Metates gold-silver project located in Durango State, Mexico. The royalty was purchased from the royalty holder, SANLUIS Corporation, a private Mexican company, pursuant to exercise of a right of first refusal held by Chesapeake’s Mexican subsidiary, American Gold Metates. The purchase price for the royalty was US$9.0 million.

DynaResource, Inc. Reports Initial Gold Sale From San Jose de Gracia

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the Exclusive Operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale of approximately 236 Oz. gold and 90 Oz. silver.

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