Category: Exploration and Development

International Northair Mines Ltd. is pleased to report the execution of two important agreements that together provide the necessary surface rights to continue the exploration and facilitate the possible development of a mine at its La Cigarra Silver Project, located in Chihuahua State, Mexico.

Golden Minerals Company, a precious metals mining company with primary assets in Mexico and Argentina, reports continued progress with its work at the Velardena Operations in Durango State, Mexico. The Company previously announced it suspended operations at the Velardena mine on June 19, 2013 due to depressed silver and gold prices, and that the suspension was enacted to best conserve the asset until operating plans and metals prices indicate sustainable and profitable operations.

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 known resource immediately along strike to known mineralisation, adjacent to the current resource shell and within what is considered a potential pit shell. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Newstrike Capital Inc. is pleased to report that a recently completed ZTEM airborne geophysical survey flown over the Company’s Aurea Norte property has successfully identified several high priority anomalies on a parallel trend with its flagship gold deposit at Ana Paula. The survey covered an area known as the San Luis Trend, an important structural corridor over ten kilometres in length that has returned anomalous assays from widespread near-surface gold mineralization.

Plata Latina Minerals Corporation is pleased to announce results from three additional drill holes completed from its most recent drill program on its Naranjillo project located in Guanajuato State, Mexico.

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.