Category: Exploration and Development

Concluyen huelga en minas de Slim

42 Mil 211 onzas de oro y 4 mil 234 onzas de plata fue la producción en el primer trimestre de 2013 del yacimiento de ‘El Coronel’ de la Minera Frisco, propiedad de Carlos Slim

Candente Gold acquires the rights to mine tailings

Candente Gold Corp. said that its Mexican subsidiary, Minera CCM El Oro Jales S.A. de CV, has signed an agreement for the access and processing rights to historic gold and silver tailings deposits in the El Oro District of Mexico State, central Mexico.

Osisko intercepts 68 metres averaging 1.26 g/t Au, 31.5 g/t Ag, 0.5% Cu at Cuervo

* Osisko has identified 6 main anomalies which are at or near drill stage, including the Milagro Anomaly, which has a 4 km x 1 km soil and lithogeochemical signature
* 114 targets remain to be reviewed
* 11,870 km2 of Au prospective geology has been covered with approximately 7,700 stream sediment samples as well as 2,800 rock and 3,800 soil samples
Geophysics completed over 320 km2
* Osisko presently controls 9,600 km2 of mineral rights in Mexico

Paga Ternium regalía minera de junio a indígenas de Aquila

Mediante una carta entregada a cada uno de los nahuas de la Comunidad Indígena de San Miguel de Aquila, la empresa Ternium les informó el cálculo de la regalía minera del mes de junio, y también les notificó que para efectuar el pago individual a cada comunero, la empresa remitió a Banca AFIRME el padrón oficial inscrito por la propia comunidad en el Registro Agrario Nacional, y de esta manera, desde el martes 2 del presente mes de julio los 401 indígenas beneficiados recibieron el depósito correspondiente en sus cuentas personales de la institución bancaria.

Cayden acquires 36,700 hectares around El Barqueño

Cayden Resources Inc. is pleased to announce that it has acquired the 100% interest or the option to earn a 100% interest in two concessions totaling 36,700 hectares around the company’s El Barqueño concession.

Mexus-Trinidad J.V.

President Paul Thompson states that its reorganization is being completed with the hiring of expert help in the different areas needed to operate the mine efficiently and profitably. To help with the matter, Mr. Thompson is scheduled to meet with a group or professional individuals representing various mining companies and other mine related industries 7/3-7/7/2013 in Phoenix, AZ.

Highvista Gold Inc. Completes $963,000 Financing and Enters Into Option and Joint Venture Agreement

Highvista Gold Inc. is pleased to report that it closed a non-brokered private placement financing for gross proceeds of $963,000 through the issuance of 4,815,000 units of the Company to AuRico Gold Inc. at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, each whole Warrant entitling AuRico Gold to purchase one common share at an exercise price of $0.25 per share until June 28, 2015. The securities comprising the Units are subject to a statutory hold period that will expire on October 29, 2013.

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