Category: Exploration and Development

Excalibur Resources Ltd. provides an update on the activities at its 49% owned subsidiary Minera Catanava de C.V. Since the plant manager started in February, he has been instrumental in analyzing the ore from the various veins and dumps in order to optimize plant operations. He has made many improvements including changing the wave table location, installing the cyclone classifier, changing the water pump and starter panel, preparing the concrete vats for the recycling of water from the tailings, various safety items(trip wires, signage, equipment guards, etc). The plant schedule is to complete the installation of the two new iCON concentrators, change the liners in the ball mill this week, followed by repositioning of the conveyor belts and the base for a new cone crusher, which should be installed in early August. Then, lighting will be installed in the plant building to accommodate a 2nd shift for a two 12 hour shift operation. Finally, flotation cells will be installed in the Fall to improve the recovery of silver.

Corex Gold Corp. is pleased to announce that Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A. has secured and mobilized a drill rig to its Santana Property.

San Marco Resources Inc. is pleased to announce additional results from the Company’s maiden exploration drill campaign at the Angeles property in northern Sonora state, Mexico.

Coeur Mining, Inc. announced results from a Preliminary Economic Assessment for its wholly-owned La Preciosa silver-gold project located in Durango state, Mexico. The PEA indicates an initial estimated mine life of 17 years recovering an estimated 134.5 million ounces of silver and generating a 17% after-tax internal rate of return using price assumptions of $25 per silver ounce and $1,500 per gold ounce.

Exeter Resource Corp is pleased to announce additional results from the Company’s initial exploration drilling campaign at the Angeles property in northern Sonora state, Mexico.

42 Mil 211 onzas de oro y 4 mil 234 onzas de plata fue la producción en el primer trimestre de 2013 del yacimiento de ‘El Coronel’ de la Minera Frisco, propiedad de Carlos Slim

Candente Gold Corp. said that its Mexican subsidiary, Minera CCM El Oro Jales S.A. de CV, has signed an agreement for the access and processing rights to historic gold and silver tailings deposits in the El Oro District of Mexico State, central Mexico.

* Osisko has identified 6 main anomalies which are at or near drill stage, including the Milagro Anomaly, which has a 4 km x 1 km soil and lithogeochemical signature
* 114 targets remain to be reviewed
* 11,870 km2 of Au prospective geology has been covered with approximately 7,700 stream sediment samples as well as 2,800 rock and 3,800 soil samples
Geophysics completed over 320 km2
* Osisko presently controls 9,600 km2 of mineral rights in Mexico

Lavender-blue peaks of the western Sierra Madre jut as far as the eye can see, the only hints of civilization: a tendril of smoke from burning corn residue, a squiggle of dirt road.

Mediante una carta entregada a cada uno de los nahuas de la Comunidad Indígena de San Miguel de Aquila, la empresa Ternium les informó el cálculo de la regalía minera del mes de junio, y también les notificó que para efectuar el pago individual a cada comunero, la empresa remitió a Banca AFIRME el padrón oficial inscrito por la propia comunidad en el Registro Agrario Nacional, y de esta manera, desde el martes 2 del presente mes de julio los 401 indígenas beneficiados recibieron el depósito correspondiente en sus cuentas personales de la institución bancaria.