Category: Exploration and Development

Kootenay Silver Inc. is pleased to announce the resumption of drilling on its flagship Promontorio Silver Project in Sonora, Mexico. Two drill rigs have been deployed and are currently operating on site. 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 target a series of high-grade silver intercepts recently identified within a new breccia zone of silver mineralization situated between the Pit and NE Zones.

Mexus Gold US, 50% owner of Mexus Enterprises SA de CV, releases cost projections per ounce gold equivalent mined from the San Felix Mine.

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. The 2013 drill program to date has been focussed on expanding the resource immediately along strike and adjacent to the drilling used in the Company’s maiden resource estimate announced January 31, 2013. The holes announced today show the extension of the high grade volcanic hosted mineralisation discovered at the eastern limits of drilling and announced November 26th, 2012. This new drilling has traced the higher grade zone approximately another 20 meters to the east. The Company is currently drilling roughly 50 meters further from the holes announced today.

San Marco Resources Inc. is pleased to report that the first hole of the initial drill program at the La Buena project, Mexico, has commenced. This initial drill program is targeting the Julia zone at La Buena, which hosts a large scale, geophysical target, elevated rock geochemistry and prospective geology.

Excalibur Resources Ltd. is pleased to report the results of a mineralogical study on a composite sample from stockpiles of material obtained from old mine dumps produced during 19th century mining activities. Results of this study by Terra Mineralogical Services Inc., using similar methodology outlined in the 17th July, 2013 press release by Excalibur shows that the material is similar to samples processed from other veins, including San Gil and Camino and suggests that excellent gold and silver recoveries may be expected by gravity followed by flotation methods, the process route that is currently being established in the Catanava metallurgical plant.

Newstrike Capital Inc. announces further results from the ongoing drill program at the Company’s 100% owned Ana Paula Project in Guerrero, Mexico. These results are from drilling designed to test the margins of the Breccia Zone mineralization near surface and also tested the continuity of the mineralization at depth, beneath Ana Paula’s floating cone pit.

Mexus Gold US is pleased to share the recent report furnished by geologist Ing. Javier Martinez on our newly acquired San Felix Mine at the Mexus Enterprises SA de CV project formerly Mexus Trinidad of Sonora State, Mexico. Mexus has acquired land at that site as the report indicated.

Focus Ventures Ltd. announces results from its Reventon project in Mexico. Focus’ subsidiary, Minera Oro Pacific S.A. de C.V., holds an option agreement covering Reventon with Grupo Northair de Mexico S.A. de C.V., a subsidiary of International Northair Mines Ltd.

Torex Gold Resources Inc. is pleased to announce a National Instrument 43-101 compliant inferred mineral resource estimate of 5.84 million gold equivalent ounces, including 3.3 million ounces of gold, at its Media Luna Project in Mexico. The average resource grade is 4.55 g/t Au Eq. (Au – 2.63 g/t, Ag – 24.46 g/t, Cu – 0.97%) at a 2.0 g/t Au Eq. cutoff grade. The resource is contained within a single, continuous, strongly mineralized system, which remains open in several directions.

Avino Silver and Gold Mines Ltd. today announced that it has now drifted along the San Gonzalo vein for over 200 metres to the northwest and 220 metres southeast of the main crosscut across from the ramp on level 5. The San Gonzalo Mine is located on the Avino property 80 km North East of Durango, Mexico.