Category: Exploration and Development

Firman acuerdo Ferromex y Ternium en industria minero-metalúrgica

Ciudad de México.- Con el objetivo de incrementar el movimiento de carga de los productos generados por la industria minero-metalúrgica, la acerera Ternium, uno de los mayores grupos minero-metalúrgicos del mundo, llegó a un convenio a largo plazo para la transportación de sus insumos y producción a través de Ferromex.

Goldgroup Receives Explosives Permit at Cerro Prieto

Goldgroup Mining Inc. is pleased to announce that its 100% owned subsidiary, Granmin S.A. de C.V. has received the permit for use of explosives from the Mexican military called SEDENA (“Secretary of National Defense”). This represents the final permit necessary for full-scale operations at the Company’s 100%-owned Cerro Prieto open-pit, heap leach gold mine located in Sonora, Mexico. The explosives permit allows Goldgroup to order and use explosives for mining purposes under the supervision of the military. The Environmental Impact Statement and the Authorization of Change of Land Use for the Cerro Prieto project have previously been granted.

Fresnillo to resume Herradura operations next week

Fresnillo PLC said Wednesday the Mexican Ministry of Defense has granted a new explosives permit for the Herradura mining unit at Minera Penmont and the company expects to resume normal operations next week.

Levon Completes Phase 4 Exploration Drilling at Cordero, Intersecting Strong Mineralization From Surface Within the Aida Claim

Levon Resources Ltd. is pleased to report that Phase 4 drilling was completed on February 13, 2014 at the Company’s wholly owned Cordero project near Hidalgo Del Parral, Chihuahua, Mexico. Twenty four core holes (13,072 metres) were drilled on a 100 m drill grid, testing the recently acquired Aida claim which is located in the center of the Cordero project. Assays for 14 of the 24 holes have been received and are described in this release. The pending assays of the remaining 10 holes will be reported when available, then all project drill data will be forwarded to Independent Mining Consultants to prepare an updated Cordero resource estimate.

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.

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