Category: Exploration and Development

Exeter Resource Corporation is pleased to announce an update of exploration activities at the La Buena property in northern Zacatecas state, Mexico. La Buena is an 8,500 hectare property, located 9 km north of Goldcorp’s Peñasquito mine. Since mid-September, initial diamond drilling and a recently completed gravity survey have built on previous work that outlined geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Peñasquito and Camino Rojo, have identified additional prospective drill targets.

International Northair Mines Ltd. is pleased to report that it has completed a surface trenching program as part of its ongoing surface exploration program at its La Cigarra silver project, located in north central Mexico.

San Marco Resources Inc. and, Exeter Resource Corp. continue to explore the Company’s 8,500 hectare La Buena property, located 9 km north of Goldcorp’s Penasquito mine in northern Zacatecas State, Mexico. Initial diamond drilling and a recently completed gravity survey builds on previous work that outline geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Penasquito and Camino Rojo, have identified additional prospective drill targets.

Excalibur Resources Ltd. is pleased to report sample results from the recently initiated development of the Natas Vein at its 49% Catanava Property (60% pending the closing of October 8, 2013 deal with Minera Apolo), after recent work in the mine confirmed the continuity of high-grade gold-silver mineralization in this area. This vein is exposed at surface less than 100 meters east of the plant and will be connected with the southwest extension of the Camino adit. It was first mapped and sampled in 2012 by the Company with good results.

Cayden Resources Inc. is pleased to announce results from the company’s ongoing core drilling program at the El Barqueño Gold Property in Jalisco State, Mexico.
Drilling highlights include 16 meters of 5.89 g/t Au (including 2 meters of 38.05 g/t Au) in hole 14, 10 meters of 5.88 g/t Au in hole 10 and 20 meters of 1.79 g/t hole 13.

Azure Minerals Limited is pleased to announce diamond drilling is underway at the Cascada copper prospect and associated porphyry copper targets on the Promontorio Project located in the state of Chihuahua, Mexico.

Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country’s economy. This month, federal officials confirmed the cartels have even entered the country’s lucrative mining industry, exporting iron ore to Chinese mills.

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):

Minera del Norte S.A. de C.V., (Minosa), filial de Altos Hornos de México, suscribió un acuerdo con la israelí Aqwise para la construcción de una planta de tratamiento de aguas residuales para su Unidad Cerro de Mercado, productora de mineral de fierro localizada en la ciudad de Durango.

El autor Isidro Hernández Pompa, gracias a su experiencia profesional como perito minero y como empresario minero durante más de 45 años, e inspirado en compartir sus conocimientos sobre las tradiciones y la admirable valentía de los gambusinos y mineros de México, ha publicado su libro Gambusinos y mineros mexicanos, una narración sintetizada de los mineros y la industria minera mexicana.