Category: Exploration and Development

Mexus Gold US, and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de C.V., a well-known Mexican mining exploration and mineral evaluation company, for participation in mining operations of the Mexus–Atzek Mine (formerly named Trinidad Mine).

Golden Goliath Resources Ltd. has received the final report from Agnico Eagle Mines Limited on their 2013 drilling program on the Las Bolas/ Los Hilos property. The diamond drill program was carried out between May 5th and May 26th, 2013, and totaled 930 meters in 10 holes; from which 992 core samples were obtained and sent to ALS Chemex laboratory for assaying. Five of these drill holes aimed to test the “El Orito” area, three drill holes were located at “Los Hilos” area and two drill holes were located at “Las Bolas-El Gambusino” area. The program aimed to test mineralized structures including veins, stockwork zones, faults and fractures parallel to known mineralized structural trends.

Mexus Gold US (OTCQB:MXSG), and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de C.V., a well-known Mexican mining exploration and mineral evaluation company, for participation in mining operations of the Mexus–Atzek Mine (formerly named Trinidad Mine).

Aura Silver Resources Inc. is pleased to confirm that the Aura Silver / Intrepid Mines Ltd. joint venture has received the payout of US $2.0 million net of prior concession fees owed to Pan American Silver Corp. as announced in Press Release #13-02 of July 16, 2013. The payment was triggered by the completion of Pan Am’s sale of the West Taviche concession to Fortuna Silver Mines Inc. and is in accordance with the agreement between the Taviche JV and Pan Am which was completed in April 2012. The April 2012 agreement allowed Pan Am to retain a 100% ownership of West Taviche with the proviso that upon a sale of an interest greater than 70% in the property, US $2.0 million would be paid to the Taviche JV. In turn, the Taviche JV received a 100% ownership interest in the East Taviche concession where the Taviche JV has had the greatest amount of drilling success. Pan Am retains a 1.5% net smelter royalty in respect of East Taviche.

Tarsis Resources Ltd. is pleased to announce it has commenced exploration at its Yago gold-silver property, located in Nayarit State, Mexico. Tarsis recently acquired a 100% interest in the project from Almaden Minerals Ltd. The claims are located approximately 50 km from the state capital Tepic and feature excellent infrastructure including paved highways and electrical transmission lines.

Cayden Resources Inc. is pleased to announce that it has received additional results from its ongoing exploration program at its El Barqueño property located in Jalisco State, Mexico. The trenches are the first taken by the Company from the Peña de Oro target area, seven km northeast along strike, from the Azteca area where recent trenches have been announced. Highlights include 29 meters of 3.1 g/t Au including 2 meters of 19.2 g/t Au, 13 meters of 2.4 g/t Au, and 8 meters of 14.7 g/t Au including 2.5 meters of 44.1 g/t Au.

Oceanus is pleased to announce that geological mapping and channel sampling have confirmed the occurrence of high grade gold and silver mineralization at the La Fortuna and the Cerro del Sol zones on the La Lajita property in Durango, Mexico.

Esperanza Resources Corp. today commented on a recent amendment to article 71 of the Law of Rural Sustainable Development in the State of Morelos.

The Company has been made aware that certain unsolicited emails have been sent regarding the Company. The Company has no involvement with these emails whatsoever. The Company is solely focused on its interest in the following three mines; Morelos, La Luna, and Peneto. The Company is a 45% shareholder in New World Metals, the owner of these three mines located in Chihuahua, Mexico.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., released today that the Company has acquired the San Pedro Copper Mine and Flotation Mill in Michoacán, Mexico, from Minera Rio Cobre SA de CV. The San Pedro Mine, located in southwestern Michoacán, is a past producer with a 20 ton-per-day (tpd) flotation mill currently on the property. The San Pedro acquisition is a cash and shares purchase transaction and further details will be released shortly.