Category: Exploration and Development

Cayden Samples 21 m of 8.3 g/t Gold at El Barqueno

Cayden Resources Inc. is pleased to announce that it has received additional results from ongoing trenching programs at its El Barqueño property located in Jalisco State, Mexico. Highlights include: 21 meters of 8.3 g/t Au, including 4 meters of 20.3 g/t Au; 54 meters of 1.1 g/t Au; and 13 meters of 2.4 g/t Au.

Scorpio Mining Updates El Cajón Project Status and Signs Letter of Intent for Contract Mining at La Verde

Scorpio Mining Corporation reports that the Secretariat of Environment and Natural Resources (SEMARNAT) of the state of Sinaloa has declined the Company’s initial submissions for Change of Land Use permits pertaining to the development of underground mining operations at the El Cajón and San Rafael projects and continued exploration drilling at El Cajón. As previously disclosed, Scorpio requires two independent permits in order to commence mine construction at El Cajón: the Environmental Permit, which was delivered to the Company on April 30, 2013, and the Change of Land of Use Permit.

Se reúnen integrantes del Clúster Minero de Zacatecas

Fresnillo, Zacatecas.-Gracias a los trabajos coordinados del Gobierno del Estado, empresas mineras y proveedoras, así como de instituciones educativas, el Clúster Minero de Zacatecas tiene resultados exitosos, señaló Jaime Lomelín Guillen, presidente de dicha organización empresarial.

Valley High Mining Executes Agreement to Acquire Mining Lease in Mexico

Valley High Mining Company today announced that it has executed an agreement with Grupo Bernas SA de CV, Manzanillo, Colima, Mexico, to acquire the exclusive rights to develop, explore and produce mineral revenue on a mining lease held by GIUV to process the existing tailings piles located on the property. The property is located between Puerto Vallarta and Acapulco near Manzanillo. The agreement provides for VHMC to perform due diligence on this property over the next ninety (90) days for the purpose of taking samples for assaying and removing tailings for refining tests. VHMC has issued 100,000 shares of its common stock into trust as partial consideration for this acquisition. These shares will be released following the completion of the due diligence activities if the Company elects to proceed with development of the property. If and when the property begins production, the Company will also pay an 8% net revenue interest.

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