Category: Exploration and Development

Endeavour Silver Corp said it is cutting jobs and reducing operating costs as it expects metal prices to fall during the year.

Avino Silver & Gold Mines Ltd. is pleased to announce that it has completed installation and testing on the new 250 tonne per day circuit at its processing facility located on the Avino property near Durango, Mexico.

Sierra Metals Inc. (previously Dia Bras Exploration) is pleased to provide this revised news release which includes additional supporting details on the pre-feasibility study completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico announced on April 17, 2013. The study, mine plan and reserve estimate are based on Gustavson’s work and mine plan.

Copper Market & Asset Expansion – Since our announcement in February 2103 stating the Company’s new corporate focus on mineral exploration and development in Mexico, our shareholders have been very enthusiastic and supportive. While we are currently vetting investment opportunities in both precious and base metals, our primary focus is on acquiring a substantial copper deposit with existing small-scale production facilities

Amato Exploration Ltd. announced today that it has terminated its Option Agreement on the Colosio-Letreros property located in the state of Chihuahua, Mexico.

First Majestic Silver Corp. is pleased to announce that on April 24, 2013, after a lengthy trial, the Supreme Court of British Columbia ruled in favour of First Majestic with respect to the previously reported litigation against Hector Davila Santos ( not related to the Company’s Chief Operating Officer, Ramon Davila) and Minera Arroyo Del Agua, S.A. de C.V. (which subsequently became Minerales y Minas Mexicana, S.A. de C.V.).

Coeur d’Alene Mines Corporation announced that its Mexican subsidiary Coeur Mexicana was recognized with the Socially Responsible Business Distinction Award for 2012 (“Distintivo Empresa Socialmente Responsable 2012”) for its Palmarejo silver-gold mine operation in Chihuahua, Mexico.

Paramount Gold and Silver Corp. today reported that a new drill program designed to test the depth potential of the high grade Don Ese Vein has intersected outstanding gold and silver grades over greater-than-expected widths, indicating that substantial additional resources could be developed below the current resource model.

Camino Minerals Corporation is pleased to announce that diamond drilling has commenced at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico. Camino’s 3,000 metre diamond drill program will test nine different exploration targets within an extensive vein field that is over 60 square kilometres in size. Three of these targets were drilled by the Company in an earlier reverse circulation program with the remainder being new exploration targets that have never been tested before.

En México, mineras trasnacionales y consorcios del país pagan por concepto de derechos, cinco pesos anuales por hectárea explotada; cada año piden a la Secretaría de Hacienda, crédito fiscal; tienen concesiones por 50 años renovables; pagan los salarios más bajos de Latinoamérica; han impactado negativamente los recursos hídricos y ambientales de diversas comunidades, y han provocado en ellas afectaciones sociales.