Category: Exploration and Development

Minaurum Gold Receives Report on Santa Marta Project in Oaxaca from Dr. James Franklin

Minaurum Gold Inc. is pleased to announce the results of a review and report by Dr. James Franklin on its 100% controlled Santa Marta project in Oaxaca, Mexico. Dr. Franklin is a geologist with more than 40 years of research and exploration experience on both active and ancient volcanogenic massive sulfide systems along with numerous discoveries to his credit.

Gold Resource Corporation Drills 4.7 Meters of 3.1 Grams Gold and 2,658 Grams Silver at Arista’s Splay 5

Gold Resource Corporation continues to intercept high grade gold and silver mineralization at its Arista deposit, drilling 4.7 meters of 3.1 grams per tonne gold and 2,658 grams per tonne silver in vein Splay 5. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $83 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Fortuna completes transaction to purchase 100% of the Taviche Oeste Concession

Fortuna Silver Mines Inc. is pleased to announce that the company has made the final US$6.0 million option payment to purchase the remaining 45% interest in the Taviche Oeste Concession. Fortuna now holds a 100% undivided interest in the Taviche Oeste concession which contains the Trinidad North discovery. The company will continue to advance exploration efforts on the high-grade silver-gold Trinidad North discovery which remains open to the north and to depth.

Guerrero Exploration Inc. Outlines Drilling Plan For Its Cerro Azul Property, Mexico

Guerrero Exploration and its JV partner first initiated a field exploration program at the Cerro Azul property in February 2011. The program consisted of prospecting, geochemical sampling and induced polarization/resistivity geophysics. Seven anomalies were identified on the Property: Cerro Azul, Las Trojas, El Pedrillo, La Palma, Las Minillas, Loma Coyote and Llano Grande (GEX News Release 26 May 2011). Of these, three have been selected for drill testing: Las Trojas, Las Minillas and Loma Coyote. Collectively, these three anomalies define a northwest trending zone 5000 meters long and 600 meters wide hosted in Cretaceous sedimentary rocks on the southern portion of the concession. Mineralization consists mainly of chalcocite in veinlets and disseminations with minor disseminated pyrite. On surface, this is oxidized to malachite, azurite, chrysocolla, jarosite, goethite and hematite.

Freyja Resources Inc. and Cyprium Mining Corporation Enter Into Pre-Acquisition Agreement

Freyja Resources Inc. is pleased to announce that it has entered into a pre-acquisition agreement with Cyprium Mining Corporation dated June 14, 2013, pursuant to which Freyja has agreed to make an offer, on or before July 15, 2013, to acquire, by way of a take-over bid, all of the issued and outstanding common shares of Cyprium in exchange for common shares of Freyja on a one for one basis. Freyja has also agreed to exchange all of the currently issued and outstanding shares purchase warrants of Cyprium for warrants to purchase Freyja Shares which have identical terms. As at the date hereof, there are 7,480,000 Cyprium Shares and 2,860,000 Cyprium Warrants issued and outstanding.

Torex Consistently Intersects Au-Ag-Cu Mineralization at Media Luna Maiden Resource Estimate Now Expected by Early Q4/13

Torex Gold Resources Inc. is pleased to report that the resource drilling program at its Media Luna target in Mexico, continues to intersect high grade Au-Ag-Cu mineralization over significant widths, including, in the West Zone, 27.02 g/t Au eq. over 5.2m in borehole WZML-28 located outside the magnetic anomaly, and 17.54 g/t Au eq. over 5.2m in borehole WZML-24. Highlighted intercepts in the North East Zone include, 7.68 g/t Au eq. over 16.7m in borehole NEZML-04A; 3.91 g/t Au eq. over 49.5m in borehole NEZML-20 and 13.61 g/t Au eq. over 8.4m in borehole NEZML-27.

Soltoro’s Channel Sampling Returns 3 Metres of 14.16 gpt Gold and 308 gpt Silver Including 0.7 Metresof 27.7 gpt Gold and 641 gpt Silver at Tecolote Project

Soltoro Ltd. has received positive gold and silver assay results from ongoing mapping and sampling at its 100% owned Tecolote Project in Jalisco, Mexico. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.

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