Category: Exploration and Development

Silver Bull Resources, Inc.is pleased to announce the drill results for the third of five batches of drill holes from the underground drill program twinning a series of “long holes” in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Excalibur Resources Ltd. is pleased to announce its 49% owned subsidiary Minera Catanava S.A. de C.V. has hired Jose Luis Vigil Rodriguez, a senior experienced Metallurgist as Plant Manager. Mr. Vigil graduated in Metallurgical Engineering from the Instituto Politécnico Nacional (ESIQIE) and has worked for several large mining companies including Goldcorp (Penasquito), Minera Frisco (Tayahua), Nyrstar (Campo Morado) and Baker Hughes.

México batió récord en su producción de oro y cobre en el 2012, no así en la de plata, de acuerdo con cifras preliminares y estimaciones del Departamento del Interior de Estados Unidos.

Westminster Resources Ltd. has received from Mexican government environmental regulators a letter of permission to conduct its 2013 diamond drill exploration program at the Cumbral-San Bartolo project in Sonora, Mexico. The drill program is scheduled to commence in early February.

International Northair Mines Ltd. is pleased to announce drill results from nine core holes at the San Gregorio Zone and two core holes at the Las Carolinas Zone completed on its La Cigarra silver project located in north central Mexico.

Kootenay Silver Inc. is pleased to announce results from the first 8 holes of its 30,000 meter, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. All 8 holes were step out holes outside of the resource boundaries at intervals of 50 to 100 meters.

Citation Resources Inc. is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico’s prolific Guerrero Gold Belt.

Avino Silver & Gold Mines Ltd. is pleased to provide the following update of activities at its San Gonzalo Mine 80 km North East of Durango, Mexico.

Prospero Silver Corp. is pleased to announce the results of a further 487 soil samples obtained in the Petate East sector of it’s 6,000 hectare El Petate project. The grid is in addition to the rock chip assays from the previously reported Petate West (Apartadero) zone and was carried out over the Petate #1, #2, #3, and #4 target areas over a total length of 2 km as shown in Figures 1 to 4. The eastern sector demonstrates proportionately high silver values than Apartadero.

Goldgroup Mining Inc. is pleased to announce that it has entered into a binding agreement with Oroco Resource Corp. whereby Goldgroup will acquire 100% interest in Oroco’s Cerro Prieto Project in Sonora State, Mexico for an initial cash payment of US$4.5 million, US$1 million private placement of units in Oroco and up to an additional US$13.5 million in payments made from future gold produced at the Properties, subject to receipt of regulatory and Oroco shareholder approvals.