Category: Exploration and Development

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. Almaden has commenced an infill drilling program with four rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The Company plans to update the current resource in early 2013 to form the basis for a Preliminary Economic Assessment (PEA).

Braeval Mining Corporation is pleased to announce the start of its 1,200m diamond drilling program at the Guaynopa Project in Mexico.

El domingo 10 de noviembre, aproximadamente a las 5:30 de la tarde, elementos de la Policía Estatal y de la Dirección Estatal de Investigación (DEI) llegaron a la comunidad de La Sierrita y detuvieron a los miembros de la comunidad antes señalados.

Compañías se han apropiado de mantos concesionados a otras empresas y exportan a China el mineral de hierro que obtienen, denunció un empresario afectado que pidió el anonimato.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, reports a positive start to the refurbishment programme for the Company’s recently purchased El Bote processing plant, which is expected to process up to 1,500 tonnes per day when fully commissioned.

Canasil Resources Inc. announces that MAG Silver Corp. has defined drill targets and proposed an initial 3,000 meter diamond drill program at Canasil’s Salamandra silver-copper-zinc-lead project in Durango State, Mexico. The required drill permits are in hand and the drill program is planned to start after preparation of drill access roads and drill pads, within the next three to four weeks. MAG and Canasil entered into a binding Letter Agreement on May 27, 2013, providing for MAG to earn up to a 70% interest in the Salamandra project.

Garibaldi Resources Corp. is pleased to report that drilling has resumed at the Locust target, part of the Company’s large Tonichi Project in Sonora State, Mexico, to immediately follow up on the discovery of an important mineralized intercept in drill hole MAR-13-02 that may be indicative of a Au-Cu porphyry system. Drilling to date at Locust (2745 meters in 16 widely-spaced holes) has outlined a broad envelope of near-surface mineralization that measures at least 5 km along trend and 1-2 km across.

Prospero Silver Corp. is pleased to announce that its JV partner Silver Standard Resources, Inc. has commenced a 4,000 meter diamond drill program with two rigs in the San Luis Cordero project located in central Durango. This initial program is aimed at multiple targets including the extension at depth of the Santa Rosa mineralized zone, the extension to the northwest of the Santa Rosa trend, the chargeability anomaly under the limestone plateau located in the western zone, new vein targets north of and parallel to the Santa Rosa vein, the extension to the east of the Santa Rosa skarn zone, new targets defined by an IP survey and geochemistry in the eastern La Puerta target zone, and an additional hole in the high zinc Canal target zone.

Riverside Resources Inc. is pleased to announce that Riverside Resources Inc. has signed a binding Letter Agreement with Argonaut Gold Inc. to acquire an undivided 100% interest in the Bohemia, Texson, and Cien gold projects located in the prolific Sonora Megashear Gold Belt. The Bohemia project is of particular interest as high-grade gold has been observed in veins, stockwork, and wall rocks, with 27% of Riverside’s 142 field-check rock chip samples grading greater than 1 g/t Au and up to 20.3 g/t Au. Bohemia is located 15 km northwest of the past producing La Choya Mine, which is now being redeveloped by Penoles, and in the same mineralized belt as the multi-million-ounce deposits in the Herradura, Noche Buena, and Soledad-Dipolos Mines operated by Penoles-Newmont. Further information on all of the acquired Properties can be found in the Property Details section below.

Paramount Gold and Silver Corp. today announced that newmetallurgical tests on its 100%-owned San Miguel Project by theMcClelland metallurgical laboratory in Reno, Nevada confirm thepotential for an economic recovery of precious metals at two of SanMiguel’s open pit deposits using inexpensive heap leach technologies.