Category: Exploration and Development

Prospero Silver Corp. is pleased to announce that it has acquired by staking the 7,256 hectare Pachuca SE project located 24km southeast along strike of the historic veins of the Pachuca-Real del Monte mining district (Figure 1). This new project acquisition is part of a systematic exploration program in the Mexican Altiplano and reflects Prospero’s strategy of creating value as a Mexico-focused project generator. Pachuca SE will be added to the Company’s portfolio of 100% owned projects available for joint venture.

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. Highlights include 13 meters of 8.3 g/t Au, including 3 meters of 29.0 g/t Au, 11 meters of 4.7 g/t Au and 30 meters of 1.1 g/t Au.

Goldcorp Inc. announced that one of its mines, Minera Penasquito, filed a claim in the First District Court in Zacatecas that resulted in temporary suspension of an agrarian court ruling.

Guerrero Exploration Inc. announces that the complete drill permit application, including the long form of the environmental report, was submitted to the Ministry of the Environment for its Cerro Azul Property in Guerrero, Mexico. The governmental authority confirmed receipt of the application and has indicated that all documents are in order and have initially been accepted, including the required newspaper publications of the Company’s and its JV Partner’s intentions to drill in the project area.

Bacanora Minerals Ltd. is pleased to release the analytical results of core samples taken from the first diamond drill hole (ES-01) on the Fleur concession in northern Mexico. Fleur is one of the two concessions that form the lands under joint venture with Rare Earth Minerals PLC.

Evrim Resources Corp. is pleased to announce that exploration partner First Quantum Minerals Ltd. has approved additional geophysics and drilling on the Company’s wholly owned Suaqui Verde project in Sonora, Mexico. The Suaqui Verde project comprises 65 square kilometres of prospective ground within the Sonora copper-molybdenum porphyry belt, approximately 130 kilometres southeast of Hermosillo.

United States Antimony Corporation reported it has a lease on the San Jose Antimony Mines in San Luis Potosi, Mexico. USAC will lease the mine for a period of one year with renewal rights. During the first six months that started on June 20, 2013, the rental is $25,000 per month and thereafter it is $30,000 per month. The lease includes the mining concessions, mining equipment, the mill, and the infrastructure including a man-camp, assay lab, hospital, administrative office, railroad siding, shop, and warehouses. USAC has received a letter from the mine owner authorizing the company to commence operations at the Mines. The parties intend to memorialize the lease in a definitive agreement by the end of next week.

DynaResource, Inc. is pleased to announce that it received on June 21, 2013, 300 Shares of Series B Variable Capital Shares of DynaResource de Mexico S.A. de C.V. in exchange for the settlement of accounts receivable from DynaMexico in the amount of $31,090,710 Mexican Pesos (approximately $2.4M USD). After the issuance and receipt of the 300 Series B Shares, DynaUSA holds 80% of the total outstanding Capital of DynaMexico. DynaMexico owns 100% of the San Jose de Gracia Project in northern Sinaloa, Mexico.

Goldgroup Mining Inc. has read the news release disseminated by DynaResource, Inc. dated June 21, 2013. The Release references an Exploitation Amendment agreement between Dyna’s 100%-owned subsidiary, Mineras de DynaResource S.A. de C.V. and DynaResource de Mexico, S.A. de C.V. Goldgroup has not consented to this agreement and believes this represents a conflict of interest, among other things, because it is a contract between related parties, without the knowledge or consent to such an agreement by all of the DynaMexico shareholders, of which Goldgroup is a 50% holder and was not approved by the disinterested of the directors of DynaMexico.

Prospero Silver Corp. is pleased to announce that it has acquired by staking the 7,256 hectare Pachuca SE project located 24km southeast along strike of the historic veins of the Pachuca-Real del Monte mining district (Figure 1). This new project acquisition is part of a systematic exploration program in the Mexican Altiplano and reflects Prospero’s strategy of creating value as a Mexico-focused project generator. Pachuca SE will be added to the Company’s portfolio of 100% owned projects available for joint venture.