Category: Exploration and Development

Drilling Underway at El Secreto Gold, Silver and Copper Project

Camino Minerals Corporation is pleased to announce that drilling is underway at the El Secreto Gold, Silver and Copper Project, located in Sinaloa State, Mexico. The 2,000 metre reverse circulation drill program commenced over the weekend and is expected to take up to four weeks to complete. This is the first ever drill program to be carried out at El Secreto.

Soltoro’s Channel Sampling Returns 24 gpt Gold and 333 gpt Silver & 12.5 gpt Gold and 512 gpt Silver at Tecolote in Jalisco, Mexico

Soltoro Ltd. has received positive gold and silver assay results from ongoing mapping and sampling on 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.

Baja Mining Reports Fatality at Boleo Project

Baja Mining Corp. regrets to report that it has been informed by Minera y Metalurgica del Boleo S.A. de C.V., its 49% owned Mexican company, that an employee of a construction contractor was fatality injured at the construction site of the Boleo Project on the morning of November 15, 2012.

Source Exploration Corp.: Step-Out Drilling at Las Minas Project Intersects 4.30 g/t Gold, 7.55 g/t Silver and 2.91% Copper Over 8.0 Metres

Source Exploration Corp. reports that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property, Mexico The drilling has extended the high-grade discovery zone a further 35 metres to the west of discovery hole LM-SC-12-45, which returned 15.89 grams per tonne gold (g/t Au), 12.98 grams per tonne silver (g/t Ag) and 2.25% copper (%Cu) over 10 metres. Drill hole LM-SC-12-57 returned 4.30 g/t, 7.55 g/t silver and 2.91% copper or 8.88 g/t Au Eq over 8.0 metres. The high-grade zone has now been outlined by detailed drilling over a strike length of 55 metres, with widths varying from 4.0 to 28.0 metres and extending approximately 150 metres down-dip. The high-grade core of gold, silver and copper mineralization is contained within a larger mineralized envelope measuring approximately 87 metres on strike, and remains open both down-dip and along strike to the Northwest.

Niega José Luis Márquez apoyo a proyectos de mineras

El diputado José Luis Márquez negó tajantemente haber participado en una reunión en la que legisladores federales supuestamente intentaron exhortar a habitantes de la sierra poblana para que permitan la instalación de empresas mineras en la zona.

Soltoro’s Equity/Royalty Partner Intercepts 2.90 Metres of 499 GPT Silver and 1.44 GPT Gold From the El Tajo Vein at the Coyote Project

Soltoro Ltd. holds a total of 6,968,000 common shares of Argentum Silver Corp. and is completing the transfer of 100% of the mining rights to the Coyote property to Argentum Silver Corp. Upon transfer, Soltoro will retain a 3% Net Smelter Return interest in Coyote whereby 1% can be purchased by Argentum Silver for US$1.5 million to a maximum of 2%.

Quaterra Discovers New Silver Zone at Nieves

Quaterra Resources Inc. and its 50% joint-venture partner Blackberry Ventures I, LLC, today announced assay results from eight core holes totaling 3,060 meters completed between August and October 2012 at their Nieves silver property in northern Zacatecas, Mexico.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.