Category: Exploration and Development

Southridge Enterprises Inc. is excited to announce a new Joint Partner, Kinross, a Major listed Mining Company for its Cinco Minas and Gran Cabrera properties. Southridge’s joint partnership with Kinross, a major NYSE listed gold mining company, is valued at roughly $550,000,000 to $600,000,000. Due to numerous shareholder inquiries Southridge and its Board of Directors felt the need to update the market on its recent announcement named, “Southridge Announces Signed Agreement with Major NYSE Listed Mining Company on Cinco Minas and Gran Cabrera Gold & Silver Mines in Mexico.”

Colibri Resource Corporation is pleased to announce that it has entered into an option agreement dated December 20, 2012 for the acquisition of two additional mining claims located within the Company’s Ramard concessions in Sonora, Mexico. The two claims are called “Picacho” and “El Dorado”, and are 60 and 64 hectares in size, respectively.

SilverCrest Mines Inc. is pleased to announce the results of an additional 15 holes (LJ DD12-90 to LJ DD12-104) of the Phase II drill program at its La Joya Property in Durango, Mexico. These are the final results for the Phase II drilling program. Phase II drilling results reported to date have extended the Main Mineralized Trend beyond the area containing the current Inferred Resource of 101.9 million ounces Ag Eq.

Santacruz Silver Mining Ltd. is pleased to announce the completion of an updated NI 43-101 mineral resource estimate on its Rosario Project in the Charcas Mining District, San Luis Potosi, Mexico. The mineral resource estimate was completed by Gustavson Associates, LLC, of Lakewood, Colorado. The measured and indicated silver equivalent resource amounts to 10.2 million AgEq ounces while the inferred resources stand at 2.5 million AgEq ounces. The initial resource estimate at the Rosario Project included only inferred resources and subsequent exploration work performed at the property by Santacruz has successfully upgraded 86% of these inferred resources to measured and indicated.

Coeur d’Alene Mines Corporation could be moving its headquarters to Chicago, a company spokesperson confirmed on Thursday.

Unmined Section Yields Average of 6.2g/t Gold Eq. over 1.8m Width for 81m Strike of Level 1 of Hilos

Pan American Goldfields Ltd. is pleased to announce new record production results for the month of November, 2012 at its 80% owned Cieneguita project, Chihuahua, Mexico.

Xtierra Inc. is pleased to announce that it has recently completed the acquisition of the necessary surface lands that will be required for the surface installations and development for its Bilbao zinc-silver-lead-copper deposit located 50km southeast of the State capital in Zacatecas, Mexico.

Golden Goliath Resources is looking forward to next year, in anticipation of the first ever diamond drilling program on the Nopalera property in Mexico, with hopes of uncovering a “company-building” gold deposit at the site.

First Majestic Silver Corp. is pleased to announce that it has entered into a US$50 million forward sale contract with Bank of America Merrill Lynch on a portion of its future lead and zinc production.