Category: Exploration and Development

Arian Silver Corporation: Operations Update

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, announces today it has ceased toll milling at the third-party-owned Juan Reyes toll mill by mutual consent with the mill-owner.

Soltoro’s Underground Sampling Returns 11.57 Metres of 449 gpt Silver, 0.13 gpt Gold & 3.54% Lead at the El Rayo Project

Soltoro Ltd. has completed Phase 1 of its underground sampling program at the historic Catarina mine on the El Rayo primary silver project in Jalisco, Mexico. The program is being completed to confirm and expand a historic silver resource identified by the Consejo de Recursos Minerales in the 1980’s. The southern portion of the El Rayo structure hosts the Catarina mine, where five separate high-grade silver ore shoots were mined by the Spaniards beginning in 1546. Mineralization at the Catarina mine has been exposed on two levels 50 metres apart over approximately 500 metres of strike.

Prospero Silver Announces Acquisition of Pachuca Se Project

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 Samples 13 m of 8.3 g/t Gold at El Barqueno

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’s Penasquito Mine Files Claim

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 Updates Status of Drill Permit Application at Cerro Azul Property in Guerrero, Mexico

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.

Evrim Resources Corp.: Drilling, Geophysical and Geochemical Program Approved at Suaqui Verde

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.

U.S. Antimony Announces Agreement on Wadley

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.

All News