Category: Exploration and Development

A Canadian mining company said Wednesday that an illegal miner was killed in a clash with guards at the firm’s silver mine in central Mexico.

Great Panther Silver Limited has issued this statement to clarify speculative reports about violent incidents that have occurred in recent days in and around its Guanajuato Mine Complex in Mexico.

Bacanora Minerals Ltd. is pleased to announce that it has received the analytical results from 5 recently completed holes drilled into the lower clay unit on the La Ventana concession in northern Mexico. The Concession is owned 100% by Bacanora. Significant lithium-bearing intervals were intersected in all of the drill holes. The weighted average values for these intercepts are listed below (Table 1).

Freyja Resources Inc. announced today the latest results of its sampling program the Las Cristinas copper/silver project located about 200 kilometers from Chihuahua, Mexico.

Gold Resource Corporation today provided an update on the Switchback discovery drill highlights at its ElAguila Project in Mexico. 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.

Morro Bay Resources Ltd. is pleased to announce drilling has commenced on the Penoles Project, an Epithermal Type Gold-Silver target in Mexico’s prolific Durango Silver Belt. The current 3,000 meter drilling campaign is targeted on expanding the mineralization area identified by previous drilling campaigns.

Assay results from 13 samples taken in the Northern Extension deliver results of up to 4.52% copper and 32.7 g/t silver. The 13 samples averaged 0.969% copper and 11.2 g/t silver. Northern Extension mineralized section length increased from 300 meters to 450 meters.

Riverside Resources Inc. is pleased to announce that the Company has staked and is in the process of acquiring title to the Compuerta Copper Project in Sonora, Mexico. The Project will now be advanced under the terms of the Company’s copper porphyry exploration alliance with a wholly owned subsidiary of Antofagasta plc. The Project is located 6 km south of the Washington Cu-Mo deposit and 75 km SW of the La Caridad Cu-Mo Mine, part of the most productive portion of the NW Mexico Laramide Copper Belt. Early results from initial rock chip sampling conducted by Riverside have returned up to 0.7% copper (Cu) from outcrops and the Company has received initial approvals from Antofagasta for additional funding to carry out further exploration and target definition at Compuerta, subject to execution of an earn-in and option agreement.

IMPACT Silver Corp. is pleased to announce results from the next seven drill holes at the San Juan Project, located 150 meters north of its producing Noche Buena Mine and four kilometers southwest of its 500-tonne-per-day Guadalupe Production Centre in central Mexico.

En el futuro, Zacatecas puede ser desarrollador, fabricante y exportador de maquinaria pesada de la minería, expresó el presidente del Clúster Minero de Zacatecas, Jaime Lomelín Guillen.