Category: Exploration and Development

Alta Vista Ventures Ltd. is pleased to report that it has terminated the Option Agreement with Overlord Capital Corp. for the 7,979 hectare (79.8 km²) Orofino Property, located 135 km southeast of Hermosillo, Sonora. The property has now returned 100% to Alta Vista.

Bacanora Minerals Ltd. is pleased to announce that construction of its pilot plant in Hermosillo, Mexico is complete and it is entering the commissioning phase. Commissioning is expected to take approximately two weeks. The pilot plant will initially be supplied with colemanite-bearing material excavated from the Company’s El Cajon borate deposit located near the town of Magdalena de Kino, Sonora, Mexico. Bulk sampling of approximately 2,000 tonnes of material from the El Cajon borate deposit has been completed to use as feed for the pilot plant.

NSX Silver Inc. is pleased to report results from its ongoing geochemical sampling and mapping program on the Huerigo area of the wholly-owned Oso Blanco 2 mining concession located in the municipality of Yecora, in Sonora State, Mexico. The Huerigo area comprises 8 km2 of highly prospective ground in the western portion of the Oso Blanco 2 concession and is located approximately 5 kilometers west-southwest of the Company’s Dios Padre Silver Project.

Endeavour Silver Corp. announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico continues to intersect high grade silver-gold mineralization over thick intervals along a 900 meter long by 300 m deep portion of the more than three kilometer long Terronera vein, still open for expansion.

Durante las semanas recientes han surgido una serie de protestas de inconformidad y de conflicto con algunas empresas mineras, relacionadas con el incumplimiento de lo que establece la ley (10 por ciento) del reparto de utilidades para los trabajadores, las violaciones a los contratos colectivos y a la libertad de asociación, así como las denuncias por amenazas, prepotencia, abusos e incluso un tema más delicado como lo es el acoso sexual contra las mujeres trabajadoras.

Esperanza Resources Corp. announced that the Company has received notification from the Mexican federal permitting authority, Secretaría de Medio Ambiente y Recurso Naturales that the Company’s initial environmental permit application (known by the Spanish acronym, “MIA”) in respect of the Company’s Esperanza gold project has not received approval. The Company has the right, as provided by SEMARNAT in the notification, to resubmit a revised MIA taking into account comments disclosed in the notification.

Riverside Resources Inc. and its partner, Sierra Madre Developments Inc. are pleased to provide new trench and drill results from the Jesus Maria Mine area at the Peñoles Project in Durango, Mexico. Highlighted results included Trench 11, which returned 15.4 metres (m) averaging 420.8 g/t silver (including a 2 m interval that assayed 2,152.2 g/t silver), and diamond drill hole JM DDH 13-06, which returned 11.85 m averaging 320.3 g/t silver including a 0.9 m interval that assayed 3,409.1 g/t silver. Diamond drill hole JM DDH 13-07 intersected a 2.1 m interval that returned 279.5 g/t silver and a 4.0 m interval that returned 532.9 g/t silver. The highlighted results are from a series of four new trenches and eight shallow drill holes that were completed during the most recent campaign to test the new exploration area east of the old workings along the Jesus Maria vein system.

Mexus Gold US is a company engaged in the evaluation, acquisition, exploration, development and production of mining properties and conducts salvage operations for the recovery of precious metals.

Aura Minerals Inc. announces an update on the mine and plant expansion at its wholly-owned Aranzazu copper project in Zacatecas State, Mexico. All amounts are presented in United States dollars unless otherwise noted.

Source Exploration Corp. is pleased to announce the successful negotiation of an extension to its option agreement to acquire the Pepe, Pepe Tres, and San Jose concessions located at the Las Minas property in Veracruz State, Mexico.