Category: Exploration and Development

Azure Minerals Limited is pleased to announce that it has achieved a major milestone at its Promontorio Project by completing the acquisition of 100% of the Promontorio mineral concession, located in Chihuahua State, Mexico.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the completion of the surface trenching phase of the current exploration program at the San Pedro Mine in Michoacán, Mexico. Eight trenches to depths to 25 feet are completed, with samples submitted to the lab for assaying and broad spectrum analysis. Amarium has scheduled drilling to begin on the property by May 15th.

International Northair Mines Ltd. is pleased to announce encouraging results from the ongoing exploration program at its La Cigarra silver project, located in north central Mexico.

Cayden Resources Inc. is pleased to announce results for the first seven drill holes from the Peña de Oro target at the Company’s El Barqueño Gold Property in Jalisco State, Mexico.
 Drilling highlights include 27 meters of 4.46 g/t Au from surface in Hole 43 and 12 meters of 4.77 g/t Au in hole 47. All seven holes hit significant gold intercepts. Please see Figure 1 below or www.caydenresources.com for a drill location map.

Sierra Metals Inc. is pleased to announce that development of the Gallo Superior Magnetita orebody has started and mining will begin within two months, adding another mining area to its production. Gallo Superior Magnetita is included in the 43-101 compliant Pre-Feasibility Study authored by Gustavson Associates of Lakewood, Colorado and dated May 31, 2013. Development is along two fronts, Rebaje 398 and Banco 314.

Avino Silver & Gold Mines Ltd. is pleased to announce the following expansion update from its Avino Mine located on Avino property located 80km northeast of Durango, Mexico.

El bajo precio de los metales y el impacto de la reforma fiscal afectaron la industria. Fresnillo bajó su inversión en el 2013, mientras que Goldcorp detuvo el proyecto Camino Rojo.

BACANORA MINERALS LTD. is pleased to announce results of bench scale metallurgical and mineral process testing conducted by the Metallurgical Division of Inspectorate Exploration & Mining Services Ltd. on clay composite samples from the La Ventana lithium concession, owned 100% by Bacanora, and the El Sauz concession, held under Joint Venture #1 with Rare Earth Minerals PLC, each of which is located in Sonora, Mexico.

Gold Resource Corporation announces drill intercepts including 6.05 meters of 4.38 grams per tonne gold and 789 grams per tonne silver at its El Aguila Project. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $95 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

CANGOLD LIMITED announces that it has signed the formal option agreement whereby Cangold has been granted an option to acquire from Vista Gold Corp., up to a 100% interest (subject to certain underlying royalties) in the mining rights to the Guadalupe de los Reyes Project in Sinaloa, Mexico.