Category: Exploration and Development

Great Panther Silver Limited today announced surface drilling results from its 100% owned San Ignacio Project in Guanajuato, Mexico. San Ignacio is currently in development with production expected to commence in the first half of 2014. The surface drilling comprised 13 holes totaling 1,144 metres and was focused on the upper 80 metres of the Intermediate Vein in order to define the top of the epithermal system and to better guide the first two years of development.

Scorpio Mining Corporation is pleased to announce that the Secretariat of Environment and Natural Resources (SEMARNAT) for the State of Sinaloa, Mexico, has approved the application for the Change of Use of Soil submitted by its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., pertaining to the development of underground mining operations at the El Cajón Project, located in the Cosalá Norte District.

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

La empresa ganadora fue Servicios Industriales Fafaci, que ofrece pailería estructural a Met-Mex desde hace 7 años. Y 30 compañías recibieron el distintivo de “Proveedores Confiables”.

Corex Gold Corp. is pleased to announce results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A.. This first hole of a 4000 m first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the Company’s Santana Property, Sonora, Mexico. Hole SNT-DH0001 from 173 m to 222 m intersected mineralization averaging 1.50% Cu, 0.37 g/t Au and 97.49 g/t Ag.

Kootenay Silver Inc. is pleased to announce assay results from a further fifteen drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. The Company reports drilling continues to encounter high-grade results within a newly identified breccia zone situated between the Pit and NE Zones (See June 4, 2013 news release). A further 5,500 meters of drilling have been completed, which concludes the current 5,000 meter drill phase, bringing the total drilled since November 2012 to 21,500 meters.

Westminster Resources Ltd. is pleased to report that it has been advised by Capstone Mining Corp. that they will be continuing exploration, as operator, on the Cumbral-San Bartolo project, during 2014, in accordance with the terms of the existing option agreement. Permitting and planning for exploration, which will focus on diamond drilling, is in progress.

Canasil Resources Inc. announces that MAG Silver Corp. has started the Phase 1 drill program at Canasil’s Salamandra silver-copper-lead-zinc project in Durango State, Mexico. The planned program includes a minimum of 3,000 meters of diamond drilling as part of the CAD$ 1,000,000 first year exploration expenditures required by May 2014 under an option agreement for MAG to earn up to a 70% interest in the Salamandra project.

Sierra Iron Ore Corporation is pleased to announce that it has made significant advancements to support the Company’s plan for an exploration/development field work program on the the Mazomique iron ore property. The Mazomique property is the Company’s 2(nd) prospective optioned iron ore property that is expected to be in development. The Company’s El Creston property recently received final permit approval to start major construction.

Rare Earth Minerals PLC announces that it has received analytical results for the first 6 holes of the second phase of diamond drilling (Stage 2 Programme) on the El Sauz and Fleur Lithium concessions in northern Mexico.