Vista Gold Corp. today announced that it has signed a non-binding letter of intent to option its interest in the Guadalupe de los Reyes gold and silver project in Sinaloa, Mexico to Cangold Limited.
Compañía Minera Autlán, informó que llegó a un acuerdo para tomar el control de Compañía de Energía Mexicana, subsidiaria de Grupo Ferrominero, S.A. de C.V., empresa que desarrolló y opera la Central Hidroeléctrica Atexcaco y de la que Autlán ya detenta el 49 por ciento de su capital social.
Citation Resources Inc. is pleased to announce that it has entered into a formal access agreement with the community of Mezcala at its Biricu Project granting the Company permission and access to conduct drilling activities. The Mezcala region covered by the agreement encompasses substantially all of the priority drill targets previously identified by the Company in the four target areas at the Bircu Project. Each of the four target areas contain the geophysical, geochemical and geological characteristics consistent with other discoveries in the area, including the neighboring Torex properties, Morelos and Media Luna, and Goldcorp’s Los Filos.
Almaden Minerals Ltd. is pleased to announce the results from Almaden’s 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program, completed in December 2013, was 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.
Cangol Limited announces that it has signed a Letter of Intent whereby Cangold will be 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.
War Eagle Mining Company Inc. reports that it has completed the sale of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico to Contratista y Operaciones Mineras SA de CV, a Mexican mining company. Total consideration for the sale was US$5,000,000 cash which will be satisfied by (i) US$65,000 cash received on closing with the balance of US$2,435,000 in fixed periodic cash payments over three years and (ii) a 2% net smelter return royalty to a maximum of a further US$2,500,000 with (iii) a possible increase in the royalty to a maximum of up to US$3,300,000 depending on metal sales volumes and prices.
Orex Minerals Inc. is pleased to announce that it has compiled all available historical data from the Los Crestones Project 100km north of the Sinaloa state capital, Culiacán, Mexico. Work included analysis of previously sampled but not assayed intervals from diamond drilling by the previous owner. Work has now begun on the 2014 exploration programme which is planned to include surface mapping, sampling and trenching and air/ground geophysics in preparation for a campaign of diamond drilling. Community negotiations are continuing and expected to run in parallel with the exploration work.
El alza de casi 1,000% en el precio del metal atrajo a delincuentes como Los Caballeros Templarios; los grupos criminales se entrometieron en las cuotas compensatorias entre empresas y ejidatarios.
Mexican-focused Azure Minerals Limited is pleased to provide an update on drilling operations at the Companys flagship Promontorio Project, located in the state of Chihuahua Mexico.
Brendan Cahill, presidente y director general de la minera canadiense Excellon Resources Inc., aseguró que la empresa tiene la disposición de acercarse con los residentes de la localidad de Bermejillo y La Sierrita, por ello creó el año pasado el área de Relaciones con la Comunidad que inyecta anualmente un promedio de 2.5 millones de pesos en obras para centros educativos, hospitalarios.
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