Category: Exploration and Development

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.

Sierra Metals Inc. is pleased to announce that development is proceeding at the Monaco vein of its Santa Eduwiges mine in the Cusi district, Chihuahua, Mexico. Levels 1, 3 and 4 and being prepared for stoping and a ramp is being driven to Level 5.

Endeavour Silver Corp. announces that exploration drilling at the El Cubo mine in Guanajuato State, Mexico has extended the recently discovered high grade, silver-gold mineralized zone in the Asuncion area of the Villalpando vein system (V-Asuncion) to over 800 metres long, still open at depth and to the southeast for expansion.

Candente Gold Corp. is pleased to report that JDS Energy and Mining Inc. has conducted a high level conceptual study for a Tailings Recovery Operation near to Candente Gold’s El Oro site in Mexico. The Company’s strategy is to look for opportunities to develop cash flow in the near term with relatively low capital costs. Study results indicate that the Mexican mine tailings from El Oro have the potential to meet this criteria and justify further study on the economic potential of a TRO.

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.

Aftermath Silver Ltd. will commence exploration at the San Andres silver project in Durango, Mexico this month following approval of the program by the Board of Directors.

Durante el primer trimestre del año, Ternium México, empresa dedicada a la industria de la siderurgia, ha incrementado sus ventas debido al dinamismo del sector automotriz.

Tosca Mining Corp announces that it has entered into a contract with Layne De Mexico SA de CV, to undertake a drill program on its Carol Copper project, Sonora, Mexico. Site preparation is now underway with drilling expected to commence by the end of April.

The Company reports that it has mobilized a field crew to commence detailed and systematic outcrop sampling of its 100% owned, newly-discovered Sierra Diatreme Breccia target in Sonora, Mexico . Discovery results from seventeen grab samples of mineralized hydrothermal diatreme breccia gave assayed grades averaging 4.8% copper, 101 g/t silver and 4.4 g/t gold.

Mammoth Resources Corp. has posted the complete geophysics report, with recommendations, various surface plans and geophysical survey cross sections from the Induced Polarization and Magnetic ground geophysics survey performed in late 2013. The company announced on January 16, 2014 the completion of the survey, which covered approximately one-third of the large 15 square kilometre target area of gold and silver mineralization at its Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico (refer to the company’s web site www.mammothresources.ca, for a detailed location map).