Category: Exploration and Development

Goldcorp suspends operations at Los Filos mine pending renewal of land occupancy agreement

GOLDCORP INC. announced that its Los Filos mine in Guerrero State, Mexico has suspended operations following unsuccessful efforts with the Carrizalillo Ejido to reach a negotiated settlement to renew the occupancy agreement that expired on March 31, 2014. Certain activities related to environmental safeguards and site security will continue during the suspension.

Soltoro Initiates Ground Magnetics & Trenching to Define Gold Structures at El Rayo And Tecolote

Soltoro Ltd. has initiated a ground magnetic geophysical program and is continuing with its trenching program at its 100%-owned El Rayo and Tecolote projects in the Guachinango District of Jalisco, Mexico. Mining in the Guachinango District was initiated by the Spaniards in 1546 but more recent exploration has identified a broad northwest-trending belt of gold-silver mining districts that includes Soltoro’s El Rayo and Tecolote Projects, Cayden Resources El Barqueño Project, Endeavour Silver’s San Sebastian Project and Santana Minerals` Espiritu Santo Project. Gold mineralization in the Guachinango District is controlled by northeast and east-west-trending structures near intersections with the regional northwest trend. Soltoro’s Tecolote Project lies along one of these northeast-trending structures.

Drilling Permits Granted for Citation’s Guerrero Gold Belt Project .

Citation Resources Inc. is pleased to announce that it has received formal written approval from The Ministry of Environment and Natural Resources that its permit applications for its planned drill program at its Biricu Project have been approved and permits have now been issued. The permits, along with the previously announced permissions from the local community, allow Citation to immediately commence drilling at its previously announced high-priority exploration targets. The initial drill program will test the priority high-drill targets in Punto Rojo and Northern Target areas with an initial exploratory drill program of a minimum of 5,500 metres and 11 proposed holes. Each of the target areas contain the geophysical, geochemical and geological characteristics consistent with other discoveries in the area, including the neighboring Torex properties, Morelos and Media Luna, and Goldcorp’s Los Filos.

Almaden Provides Exploration Update for the Ixtaca Gold-Silver Zone of the Tuligtic Project, Mexico

Almaden Minerals Ltd. is pleased to report on the on-going exploration activities at the Company’s 100% owned Tuligtic project and Ixtaca Zone. A Preliminary Economic Assessment is currently being prepared by the independent engineering consultant groups Knight Piesold Ltd. and Moose Mountain Technical Services. On the project, the Company has commenced drilling operations. Currently one drill is working on a geo-mechanical data gathering program required for potential future studies. Geotechnical holes are also planned as part of this engineering focussed drill program. A second drill has been working on a small infill drilling program which is about to finish. For the remainder of 2014, Almaden plans to focus drilling on high-priority gold-silver exploration targets located near the Ixtaca deposit. These targets, defined by epithermal alteration, surface anomalous geochemistry and geophysics, are considered by the Company to represent unique opportunities for discovery adjacent to the Ixtaca deposit, a blind drilling discovery made by Almaden in 2010. Other work currently underway includes environmental baseline studies and more advanced metallurgical test work.

Endeavour Silver Reports Fatality at Guanacevi Mine

Endeavour Silver Corp. regrets to report the death of an employee on Friday, March 28, 2014 due to a rock fall underground at the Porvenir Cuatro mine, part of the Guanaceví mine operations in Durango State, Mexico.

Arian Silver Corporation announces operations update

Arian Silver Corporation a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, reports that good progress continues to be made on the refurbishment of the El Bote custom processing plant, which is expected to process up to 1,500 tonnes per day when operating at full capacity.

Goldgroup Refutes Groundless Claim by Sonoran Resources

Goldgroup Mining Inc. advises that Sonoran Resources LLC and its Mexican subsidiary, SR Servicios Mineros, S.A. de C.V. have filed a lawsuit in Arizona, USA against Oroco Resource Corp., Minas de Oroco Resources S.A. de C.V. and Goldgroup. The lawsuit arises from Oroco’s sale of the Cerro Prieto project to Goldgroup and pertains to certain contracts that were in place between Oroco, Minas de Oroco and Sonoran prior to the Acquisition.

Sonoran Resources LLC. Commences Legal Action

Oroco Resource Corp. advises that Sonoran Resources LLC. and its Mexican subsidiary, SR Servicios Mineros, S.A. de C.V., have filed a lawsuit in Arizona against Oroco, Minas de Oroco Resources, S.A. de C.V., and Goldgroup Mining Inc. arising from events and services related to the engineering, procurement and construction management agreement and related service agreements between Oroco, Minas de Oroco and Sonoran in regard to the mine construction at Cerro Prieto, Sonora State, Mexico. In August of 2013, Oroco sold MOR, the owner of the Cerro Prieto Property, to Goldgroup.

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