Category: Exploration and Development

Yale Finalizes Sale of Los Amoles Property

Yale Resources Ltd. is pleased to report that with a payment of US$170,000 and the issuance of 1,000,000 shares that it has received full payment from Sonora Resources Corp. for the sale of a 100% interest in the Los Amoles Property located in Sonora State, Mexico.

Partner Funded Drilling Commences at Riverside’s Penoles Project in Durango, Mexico

Riverside Resources Inc. is pleased to announce that partner-funded drilling has now commenced at the Company’s 100-percent-owned Penoles Project in Durango, Mexico. Riverside’s partner, Sierra Madre Developments Inc., is starting a minimum 1,500-meter drill program and is planning to test various parts of the high-grade Jesus Maria silver-gold vein system. The proposed diamond drill program will initially test beneath and adjacent to surface-sampled trench areas and along the structural trend of the vein system, and targets shallow intercepts along strike from high-grade Ag-Pb-Zn historic mine workings. This drilling is on less than 1 square kilometer of the greater than 300 km2 land package, which has more than 10 additional target areas controlled by Riverside in the historic Penoles District in northern Durango state, Mexico.

MacMillan Granted Five Additional Mexico Mining Concessions

Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company has received written notification of title numbers issued for each of the five concessions being sought by the Company. Applications for these five concessions were originally filed by the Company through the normal staking process. Due to competing applications filed by other interested parties on the same day as these claims became available for staking, the concessions became subject to the regulatory lottery process. These five concessions have been awarded to the Company as the winner of this lottery process.

Third Drilling Rig Added to the Coneto Gold-Silver Project in Durango, Mexico

Orex Minerals Inc. is pleased to announce that a third diamond drilling rig has been added to the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC is managing this Phase-II program. In addition, the results of the third batch of assays from the 12,000 metres Phase-II diamond drilling program are now available.

Bacanora Announces Commencement of Work at BCN – REM Lithium Joint Venture Lands

Bacanora Minerals Ltd. is pleased to announce that field work has commenced on the El Sauz and Fleur lithium concessions that form part of the Sonora Lithium Project in northern Mexico. The Company has provided Rare Earth Minerals PLC (AIM listed) with an option to earn up to a 49.9% interest in the two concessions by making cash payments to Bacanora and funding exploration (see news release dated February 14, 2013).

Anuncian frente en Tetela para frenar mineras

Ciudadanos de Tetela de Ocampo, organizaciones sociales, campesinas e indígenas no permitirán la instalación de la mina de la empresa Espejeras, filial de Grupo Frisco y llegarán hasta las últimas consecuencias, advirtió el presidente de Tetela Hacia el Futuro A.C., Germán Romero, a la par dijo que si esto no se detiene se establecerá el Frente Estatal en Defensa del Territorio Serrano, éste estaría conformado por los ocho proyectos hidrológicos y mineros.

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