Category: Exploration and Development

En México, mineras trasnacionales y consorcios del país pagan por concepto de derechos, cinco pesos anuales por hectárea explotada; cada año piden a la Secretaría de Hacienda, crédito fiscal; tienen concesiones por 50 años renovables; pagan los salarios más bajos de Latinoamérica; han impactado negativamente los recursos hídricos y ambientales de diversas comunidades, y han provocado en ellas afectaciones sociales.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an update on the status of its agrarian legal suit against the Ejido La Sierrita, which was filed in August 2012 . Excellon sued the Ejido to terminate the surface rights agreement in respect of the surface rights to 1,100 hectares of exploration ground west of the La Platosa Mine and for various damages relating to the illegal blockade of the mine last year. The Ejido also sued for termination of the SRA one week after being advised of Excellon’s suit.

Fortuna Silver Mines Inc. is pleased to report that exploration drilling has successfully extended the Trinidad ore shoot to the north and to depth with mineralization remaining open in both directions. Results are also reported for the initial infill drilling being carried out in the central portion of the Trinidad deposit for purposes of conversion of Inferred Mineral Resources to an Indicated Mineral Resource classification.

Endeavour Silver Corp. regrets to announce the death of a contractor employee yesterday due to a fatal accident underground at the El Cubo mine operations in Guanajuato State, Mexico.

En la inspección, en materia de industria, se detectó que los contenedores de residuos peligrosos no cuentan con identificación y el almacén temporal de estas sustancias no cumple con todos los requisitos marcados por la normatividad ambiental; destacó que por cualquiera de estas dos irregularidades la sanción puede ser de hasta 3 millones de pesos…

El Tigre Silver Corp. is pleased to report that the drilling program targeting the stockwork zone that was started in January 18, 2013 was concluded on April 12, 2013 with 38 holes completed and 4,862 meters drilled. El Tigre is drilling on concessions that are part of the Company’s 431 square kilometer ownership in Sonora, Mexico.

American International Ventures, Inc. announced that it is working diligently with their accountant and attorney to get their filings up to date and should accomplish that feat in the near future.

Santacruz Silver Mining Ltd. is pleased to announce that it has reached commercial production at the Rosario Mine in Charcas, San Luis Potosi, Mexico.

Oceanus Resources Corporation is pleased to announce that it has contracted MPX Geophysics Ltd. of Markham Ontario, to conduct a helicopter-borne geophysical survey on its recently acquired La Lajita property covering over 3,200 hectares in Durango, Mexico. The La Lajita property is located in the Sierra Madre Occidental known for its numerous gold-silver mines.

San Marco Resources Inc. has commenced a Phase I diamond drilling program on its Angeles property in northern Sonora state, Mexico.