Cayden Resources Inc. is pleased to announce that it has received initial gold values from its ongoing trenching programs at the El Barqueño property located in Jalisco State, Mexico. Highlights include 91 meters of 2.9 g/t Au, 40 meters of 1.8 g/t Au, 3 meters of 7.9 g/t Au and 10 meters of 2.1 g/t.
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an update on the status of its agrarian legal suit against the Ejido La Sierrita (the “Ejido”), which was filed in August 2012. Excellon sued the Ejido to terminate the surface rights agreement in respect of the surface rights to 1,100 hectares of exploration ground west of the La Platosa Mine and for various damages relating to the illegal blockade of the mine last year. The Ejido also sued for termination of the SRA one week after being advised of Excellon’s suit.
Mazapil, una vieja comunidad minera en el norte de Zacatecas, se vació hace cuatro décadas. El cierre de minas y la aridez de la tierra provocó éxodos de pobladores. Pero hace ocho años el lugar salió del letargo y ahora sofisticadas maquinarias, altivos extranjeros y miles de obreros temporales deambulan por el breve caserío de la cabecera municipal.
Revolution Resources Corp. is pleased to report that the Company has completed the previously announced acquisition of 100% of Lake Shore Gold Corp.’s interests in the Mexico property portfolio, which consists of the Universo and Montaña de Oro properties totaling over 400,000 hectares in two historic mining regions of Mexico.
Soltoro Ltd. has discovered a previously unknown mineralized silver zone, known as the Mascotas zone, on the northern portion of the El Rayo silver project located in Jalisco, Mexico. The Mascotas zone was discovered during routine geologic mapping as part of Soltoros systematic exploration of the El Rayo land package. The Mascotas mineral system consists of at least five separate mineralized structures occurring within an area extending 600 metres northeast by 800 metres northwest. The Mascotas mineral system is located approximately five kilometres north-northeast of the main silver deposit area. There are no known historic mines in the area and few prospect pits.
La minería es una de las actividades económicas de mayor tradición en México, practicada desde la época prehispánica y fuente de la expansión regional desde la colonia. En el México independiente, la participación de la industria minera fue muy importante para el desarrollo económico del país, pero nunca exenta de conflictos sociales, dada la concentración de la riqueza de esta industria en pocas manos y una gran explotación que se hizo y se sigue ejerciendo sobre los trabajadores mineros.
Sierra Iron Ore Corp. is pleased to announce the results of assays of samples taken and sent for laboratory testing. Two of the samples yielded greater than 55% Fe content. The 3rd sample from the Mazomique property requires further testing.
Oceanus Resources Corporation is pleased to announce that initial results from underground and surface channel samples collected at the Mina la Guadalupe zone on the La Lajita property have returned high grade gold over significant widths. Highlighted assay results include the following;
Silver Scott Mines, Inc. is pleased to announce the near completion of construction at the Carmen mine and processing site. Crushing machinery with associated rolling stock equipment is now arriving and planned to be operational in approximately two weeks. Leach pad and ponds with contractor installed HDPE plastic liners have been completed. Detailed laser topography data has also been acquired over the old mine and newly prepared plant sites by a local contractor service provider. This provider will also monitor in successive scans, to accurately determine the volumes of rock produced.
According to IntierraRMG, mining exploration fell once more in March, extending a 17-month decline in exploration activity.
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