Category: Exploration and Development

Sierra Metals Inc. is pleased to announce that development in the Santa Eduwiges mine at its Cusi property has opened two new areas of bonanza grade silver mineralization, the Monaco and Veta del Contacto areas. In addition, on-going mapping and sampling of the La Gloria vein at its Cusi property has returned high grades of silver over significant strike lengths. Moreover, mapping of the Milagro and San Rafael veins gave encouraging visual results.

NSX Silver Inc. has recently completed a strategic review of its Mexican exploration property portfolio, taking into consideration the exploration results generated to date and an evaluation of the risk-reward profile associated with undertaking further exploration for each of its mining concessions. As a result of this review, the directors of NSX Silver have determined that the Company’s future exploration efforts will be best positioned by focusing on its three wholly-owned mining concessions (Oso Blanco, Oso Blanco 2 and Piedras del Norte) comprising approximately 6,000 hectares and located in Sonora State. The work completed on these concessions to date has identified several mineralized zones which NSX Silver’s technical consultants consider to have excellent potential for further discoveries.

Bandera Gold Ltd is pleased to provide this update on the Cinco Minas and Gran Cabrera Mexican Mining Properties.

SilverCrest Mines Inc. is pleased to announce further results of delineation drilling at the Santa Elena Mine in Sonora, Mexico. A total of 181 core and RVC holes were completed in this program of which 134 holes were utilized in the recently announced “Santa Elena Pre-Feasibility Study and Update Reserve Technical Report”. Results for the remaining 47 holes reported in this news release were not available for inclusion in the revised Reserves and Resources for the Technical Report. The results show further expansion of the Santa Elena Deposit which is still open latterly and to depth. Several of these reported holes identified additional high grade intercepts, expanded the recently discovered El Cholugo and El Cholugo Dos Zones, and also discovered a new zone called “Tortuga”.

Aura Silver Resources Inc. announces that as a result of a review by staff of the Ontario Securities Commission, the Company is issuing this news release regarding our disclosure on the Taviche Project, Mexico and the filing of certain amendments to the Company’s National Instrument 43-101 technical report entitled Taviche Project, Resource Estimate & Preliminary Economic Assessment for the Higo Blanco Project, Oaxaca, Mexico (the “NI 43-101 Report”) dated September 28, 2011 and prepared by Geoffrey S. Carter, an independent qualified person under NI 43-101. The NI 43-101 Report was originally filed on SEDAR on November 16, 2011.

Azure Minerals Limited is pleased to advise that it is now using Corebox.net to provide shareholders and investors with a visual three dimensional (3D) representation of all drill holes and results on the Cascada prospect area.
The online tool allows viewers to visualise where mineralised drill intercepts are located in 3D relative to other Azure drilling in order to understand their relationships and significance. This interactive, user-friendly interface allows users to view the entire model, which can also be rotated, zoomed in and viewed on plan and by individual section, with details of all mineralised zones.

Kootenay Silver Inc. is pleased to announce the next phase of drilling on its flagship Promontorio Silver Project in Sonora, Mexico is scheduled to officially commence Sept 12, 2013. The Company will conduct a minimum of 5,000 meters of drilling in the current phase, as part of its ongoing, multi-phase, 2013 drill and resource expansion program on Promontorio. Core drilling will focus on a series of high-grade silver intercepts recently identified within a new breccia zone of silver mineralization situated between the Pit and NE Zones.

Bacanora Minerals Ltd. is pleased to announce that it has staked an additional concession over an aggregate of 900 hectares of ground adjacent to its existing La Ventana concession and a further three concessions over an aggregate of 2,020 hectares on lands which adjoin the El Sauz and Fleur concessions. With the addition of the La Ventana 1 concession, total acreage under concessions owned 100% by Bacanora (being La Ventana, La Ventana 1 and San Gabriel) now totals 3,290 hectares. With the addition of additional acreage adjoining the El Sauz and Fleur Concessions (all of which is subject to the joint venture between the Company and Rare Earth Minerals Plc. pursuant to which REM has an option to earn up to a 49.9% interest), the total acreage under the Joint Venture Lands now totals 5,325 hectares. To date, REM has earned a 10% interest in the Joint Venture Lands and has provided notice of its intention to increase its interest in the El Sauz and Fleur Concessions to 30%.

Cayden Resources Inc. is pleased to announce additional results from its ongoing surface program on the El Barqueño Gold Property located in Jalisco State, Mexico.

Rare Earth Minerals has been informed by its joint venture partner Bacanora Mineral Ltd that additional concessions, contiguous with the existing Fleur and El-Sauz concessions the that contain the Fleur-El Sauz Lithium deposit in northern Mexico, have been staked and mineral rights secured.