Category: Exploration and Development

Cayden drills 44 meters of 2.34 g/t gold and 23 meters of 2.43 g/t gold in the Azteca Zone at El Barqueño

Cayden Resources Inc. is pleased to announce results from the Company’s ongoing Phase 1 core drilling program at its 100% optioned El Barqueño Gold Project in Jalisco State, Mexico. Drilling highlights include 44 meters of 2.34 g/t Au in hole 37 and 23 meters of 2.43 g/t Au in hole 28. These holes extend the prospective mineralization previously encountered in holes 3 and 4.

Amarium Increases Daily Production by 300% at the Jovita Mine

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now completed upgrades to its site along with additions to the excavating, crushing and milling equipment at the Jovita Mine that have allowed daily production to increase by 300%. The existing daily throughput of 40 tons per day will now be operated at a capacity of 120 tons per day. The Jovita mine will test operate at 120 tons per day for the next 45 days, while production variances will be measured to ensure that consistent processing and a minimum grade of 3% for recoverable copper ore are maintained.

San Marco Resources Provides 2013 Review and Updates 2014 Exploration Strategy

San Marco Resources Inc. is pleased to provide a review of the significant progress made in 2013 and update the strategic plans going forward into 2014. The Company’s property portfolio comprises of three active projects in Mexico that potentially host significant mineralized systems. During 2013, two of these projects, La Buena and Angeles, were comprehensively explored and drilled with all expenditures covered by Exeter Resources Corporation as per JV agreements signed in March 2013.

Paramount Gold and Silver Drills 18 Meters of 4.46 g/T Gold and 434.9 g/T Silver, Completing Its Don Ese Infill Program at San Miguel

Paramount Gold and Silver Corp. today reported results from the final two core holes drilled at Don Ese-part of its ongoing program to enhance the resource base at its 100%-owned San Miguel Project in northern Mexico. Paramount has been drilling at San Miguel since late last year with two core rigs. The focus now shifts to a potential new discovery on the southern end of the 7.5 km long Guazapares Megastructure.

Kootenay provides exploration update of Promontorio satellite targets defining a 25 x 15 kilometer mineralized corridor

Kootenay Silver Inc. is pleased to provide an update of exploration on the contiguous land position surrounding its flagship Promontorio Silver Project in Sonora, Mexico. Ongoing exploration has resulted in the discovery of numerous zones of gold-silver, silver and gold-copper mineralization that defines a 25 x 15 km northwest trending corridor, the “Promontorio Mineral Belt”.

SilverCrest Receives US$10 Million Commitment from Sandstorm Gold

SilverCrest Mines Inc. is pleased to announce it has received notice of exercise of the Underground Mine Option from Sandstorm Gold Ltd. for the Santa Elena Mine, Sonora, Mexico. This Option allows Sandstorm to purchase 20% of the gold produced from underground operations at the Santa Elena. In consideration of exercise of the option, Sandstorm will make an additional upfront deposit of US$10 million to the Company on or before March 17, 2014 and will continue to make ongoing per ounce payments of US$350 until 50,000 ounces of gold have been delivered to Sandstorm, inclusive of 18,593 ounces already received from open-pit production, at which time the payments will increase to US$450 per ounce of gold.

Gómez Urrutia se declara ganador de contrato colectivo en mina

l sindicato que dirige Napoleón Gómez Urrutia se dijo vencedor del recuento por la titularidad del Contrato Colectivo de Trabajo (CCT) en la mina El Coronel, en Zacatecas, aunque la Junta de Conciliación y Arbitraje no ha emitido resultados.

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