Category: Exploration and Development

Orex Minerals Inc. is pleased to announce that the results from additional trench channel sampling along a 380 metres strike-length of the Impulsora structure have been received on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo plc, is managing the Coneto exploration program.

San Marco Resources Inc. is pleased to announce additional and final results from the Company’s Phase I exploration drill campaign at the Angeles property in northern Sonora state, Mexico.

McEwen Mining Inc. is pleased to announce core drill results from its new Twin Domes discovery, including 9.7 gpt gold over 10.3 meters and 5.0 gpt gold over 16.8 meters. These results are a follow-up to the discovery holes announced in April, which intersected 8.8 gpt gold over 9.7 meters and 9.8 gpt gold over 4.6 meters, in addition to a trench that returned 20.9 gpt gold over 12.7 meters. The Company believes Twin Domes is attractive due to its higher gold grades and its close proximity to the Company’s process plant.

Tenaris S.A., Ternium S.A. and Tecpetrol International S.A. announced today that they have entered into a memorandum of understanding to jointly build and operate a natural gas-fired combined cycle electric power plant in Mexico, which would supply Tenaris’s and Ternium’s respective Mexican industrial facilities. Together, both companies are one of the largest private energy consumers in Mexico. Tecpetrol is a wholly-owned subsidiary of San Faustin S.A., the controlling shareholder of both Tenaris and Ternium.

Amarium Technologies Inc. released today that it has initiated an exploration program at their Jovita Mine. The initial phase of exploration at Jovita will be to expand their current trenching program along the Northwest corridor of the property. The Jovita Mine is a producing copper mine in Michoacán, Mexico with a 40 ton-per-day (tpd) flotation mill located on the property.

Pan American Goldfields Ltd. today announced that, at the request of the Company’s Board of Directors and following the annual meeting of shareholders as detailed in the Company’s press release dated June 28, 2013, the Company has been active in conducting a strategic review of operations and management to take the Cieneguita Project forward. The new board, led by Mr. Emilio Alvarez, is conducting a process to build a team to deliver on the Company’s three prime goals:

GoGold Resources Inc. is pleased to announce that it has received the environmental permits for mine construction from the Mexican Department of Environment (Semarnat). The permit includes acceptance of the environmental impact assessment and the change of land use permit, for its Parral Tailings Project in Chihuahua State Mexico. The Parral Tailings Project construction is expected to start imminently with commissioning taking place during the first quarter of 2014.

Big North Graphite Corp. announces that it has completed its first graphite sale. The Company recently sold 200 tons of amorphous graphite, mined from the Company’s Nuevo San Pedro mine and additional feed mines located in Sonora Mexico, to a customer within Mexico. The graphite sold was a mine run, semi-processed product, consisting of a 3/4 inch minus size, yielding an average grade of 68% Cg. The mined graphite was processed at Big North’s processing facility located near the town of La Colorada, Mexico.

Silver Bull Resources, Inc. is pleased to announce the results of underground channel samples targeting the north, east, and western extensions to the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Levon Resources Ltd. is pleased to announce the continuation of Phase 4 drilling at it’s wholly owned Cordero bulk tonnage Ag, Au, Zn, Pb project, Chihuahua State, Mexico, 35 kilometers northeast of Hildalgo Del Parral, Chihuahua State, Mexico. An initial 14,000 metres of core drilling has been contracted with the goal of expanding the current resource into the Aida claim (16 hectares), which is located in a central portion of the current NI 43-101 Cordero resource. The drilling is scheduled to begin in September 2013 with new, state of the art drills.