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.
Silver Standard Resources Inc. announces that it has entered into a definitive agreement with Argonaut Gold Inc. to sell 100% of its San Agustin project in Durango, Mexico for an aggregate consideration of approximately $75 million. Argonaut is a U.S.-based company listed on the Toronto Stock Exchange.
Argonaut Gold Inc. is pleased to announce they have signed an agreement pursuant to which the Company will acquire the San Agustin project, located 10 kilometers from the their El Castillo project in Durango, Mexico, from Silver Standard Resources.
Highvista Gold Inc. is pleased to provide an update on recent events at its Canasta Dorada project in Sonora State, Mexico.
Gold Resource Corporation today announced it has commissioned the second ball mill at its El Aguila Mill’s flotation circuit. 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.
Rare Earth Minerals PLC is pleased to announce a potentially significant development in the advancement of the Sonora Lithium Project in northern Mexico, of which REM has a 30% direct interest in the Fleur-El Sauz Concessions of the Project and an economic interest of 31.5% due to REM’s direct 2.2% shareholding in Bacanora Minerals Ltd. Bacanora has released the results of the preliminary metallurgical testing, the full text of which follows at the end of this announcement.
Southern Silver Exploration Corp. reported today that Freeport-McMoRan Exploration Corporation has reported on results of first year operations, made an option payment of $100,000 and delivered plans for the first phase of second year operations on the Cerro las Minitas project in Durango State, Mexico.
Avino Silver and Gold Mines Ltd. is pleased to release further assay results from sampling along level 5 of the San Gonzalo vein. An additional 82 metres to the northwest and 160 metres to the southeast of the main crosscut across from the ramp on level 5 have now been sampled. The San Gonzalo Mine is located on the Avino property 80 km northeast of Durango, Mexico.
IMPACT Silver Corp. is pleased to announce initial results from the first phase drill program on the San Juan Project located adjacent to the producing Noche Buena Mine. San Juan is located four kilometers southwest of IMPACT’s 500-tonne-per-day Guadalupe Production Centre in the Royal Mines of Zacualpan Silver-Gold District in south-central Mexico.
Canadian mining tycoon Robert Friedland, who made billions from discoveries in Labrador and Mongolia, is embarking on a new career: Hollywood film mogul.
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