Category: Exploration and Development

Pan American Silver to Expand its La Colorada mine

Pan American Silver Corp. has decided to proceed with the expansion of its La Colorada mine in Zacatecas, Mexico, based on the positive results of a recently completed Preliminary Economic Assessment. The PEA demonstrates that the relatively low-risk expansion project has the potential to provide robust after-tax economic returns using a $19 per ounce long-term silver price. The PEA contemplates an increase in silver production from the current level of approximately 4.7 million ounces per year to 7.7 million ounces per year by the end of 2017, for an incremental capital investment of $80 million, the majority of which will be spent over the next 3 years.

Mexus Gold US Announces Julio Environmental Mining Permit

Mexus Gold Mining S.A. de C.V., a wholly owned subsidiary of Mexus Gold US, announced today that it has received the final Mexican Environmental Mining Permit for the Julio/Santa Elena project. The 30 year permit will allow the Company to mine and produce gold on its wholly owned property. The Company plans to establish three operations at the Julio/Santa Elena mine site.

Azure Minerals Limited : More Copper Sulphide Mineralisation Intersected at Cascada

• Drilling extends the Cascada mineralised zone

• Four drill holes completed (1,052m)

• Significant amounts of copper sulphide mineralisation visually identified in all holes

• High-grade strike length extended to over 140m and down dip to over 150m – remains open to the west and at depth

• First assay results expected in early 2014

• Copper porphyry potential still yet to be tested in this program

Gold Resource Corporation Expands Switchback Discovery Intercepting Multiple High-Grade Mineralized Veins Over 68 Meter In

Gold Resource Corporation announces the expansion of its high-grade Switchback discovery intercepting multiple veins over a 68 meter wide interval. Step-out drilling includes 5.27 meters of 2.93 grams per tonne (0.09 oz/ton) gold, 0.89 meters of 16.95 grams per tonne (0.49 oz/ton) gold and 1.60 meters of 575 grams per tonne (16.79 oz/ton) silver. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Almaden Infill Drilling on Main Zone, Hits 17.75 Meters of 2.62 g/t Au, 91.1 g/t Ag (4.4 g/t Aueq) at Ixtaca, Mexico

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.

Gold Resource Corporation’s Aguila Mill Expansion Complete

Gold Resource Corporation announces the on time completion of its El Aguila mill expansion. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Great Panther Silver Announces Results of San Ignacio Surface Drilling

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 Receives Final Permit to Proceed with Development of the Underground El Cajón Mine in Mexico

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 Infill Drilling on Main Zone, Hits 43.50 Meters of 3.16 G/T Au, 235.4 G/T Ag (7.9 G/T Aueq) at Ixtaca, Mexico

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):

Peñoles galardona a su “Proveedor del Año”

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”.

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