Category: Exploration and Development

US Precious Metals, Inc. Enters into Contract to Acquire Resource Technology Corp.

RTC assets include 3 ore supply agreements from 3 high grade ore mines, 2 from within the United States and one internationally. It also has a processing agreement with Plasma Processing LP (“PP LP”) which utilizes patent pending, plasma technology to increase the rate of extraction of precious metal concentrates. RTC currently is a 1/3rd net revenue share partner with both the mining property owners and PP LP.

Minaurum Identifies Numerous High-Grade Gold-Silver Targets at Jackie Project, Mexico

Minaurum Gold Inc. is pleased to announce the identification of four new target zones at its 10,783 hectare Jackie gold-silver project in Guerrero State, Mexico. The skarn/porphyry project is located within 70 kilometers of the Guerrero Gold Belt and shares important geological characteristics with the mines of that district. Jackie was staked by David M. Jones who was responsible for the discovery of Goldcorp’s Los Filos mine in the GGB.

Picacho Gold and Silver Property

Tara Minerals Corp. reports that Yamana Mexico Holdings B.V., a subsidiary of Yamana Gold Inc., has exercised its option to not complete the acquisition of American Copper Mining S.A. de C.V., the holder of the Picacho group of concessions, from its subsidiary, Adit Resources Corp.

Promontorio – Kootenay Silver Approaches Milestone with Latest Updated Resource Estimate on Promontorio Silver Project, Sonora, Mexico

Kootenay Silver Inc. is pleased to announce that an updated resource estimate prepared by SRK Consulting (U.S.) Inc. of Lakewood, Colorado incorporating the gold content contained into the mineral resources of its flagship Promontorio Silver Project, due to new metallurgical data and information which supports recovery of gold. This updated resource estimate does not incorporate any drilling completed since the resource estimate announced August 21, 2012.

Drilling Expands New Central Zone at El Gallo 1 Mine

McEwen Mining Inc. announces that follow-up core holes at the new Central Zone have expanded the gold mineralization in several directions. Central is located inside the Company’s El Gallo 1 mine in Sinaloa, Mexico (Fig. 1). It is situated between two known resources, where mining began on April 1st (Fig. 2). Based on the results in this news release plus prior holes, there appears to be good potential to mine the area as one enlarged open pit rather than as two separate pits.

Mineralization Extended Over 600 M From The Alta Ley And El Gallo Areas Of Sierra Metals¡¯ Bolivar Mine, Chihuahua Mexico

Sierra Metals Inc. (previously Dia Bras Exploration) is pleased to announce that drilling has encountered wide zones of mineralization in both the Upper and Lower Skarn horizons located 600 m northwest of the major ore-hosting zones of the Bolivar (Alta Ley) Mine. In addition, step-out drilling from the El Gallo deposit has extended that mineralized zone 600 m to the northeast with high grades of zinc in the Upper Skarn horizon.

Almaden Hits 8.25 Meters of 4.1 g/t AuEq, Finds New Parallel Vein Zone at Ixtaca, Mexic

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The 2013 drill program is focussed on expanding the known resource immediately along strike to known mineralisation, adjacent to the current resource shell and within what is considered a potential pit shell. The drilling encountered a new vein zone east of, and parallel to, the main Northeast extension (Chemalaco) zone. Highlights from the holes released today include the following intercepts:

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