Category: Exploration and Development

Mediante una carta entregada a cada uno de los nahuas de la Comunidad Indígena de San Miguel de Aquila, la empresa Ternium les informó el cálculo de la regalía minera del mes de junio, y también les notificó que para efectuar el pago individual a cada comunero, la empresa remitió a Banca AFIRME el padrón oficial inscrito por la propia comunidad en el Registro Agrario Nacional, y de esta manera, desde el martes 2 del presente mes de julio los 401 indígenas beneficiados recibieron el depósito correspondiente en sus cuentas personales de la institución bancaria.

Cayden Resources Inc. is pleased to announce that it has acquired the 100% interest or the option to earn a 100% interest in two concessions totaling 36,700 hectares around the company’s El Barqueño concession.

Silver Bull Resources, Inc. is pleased to provide interim results and a metallurgical flow sheet for its metallurgical test program on the silver mineralization at the Sierra Mojada project located in the state of Coahuila, Northern Mexico.

President Paul Thompson states that its reorganization is being completed with the hiring of expert help in the different areas needed to operate the mine efficiently and profitably. To help with the matter, Mr. Thompson is scheduled to meet with a group or professional individuals representing various mining companies and other mine related industries 7/3-7/7/2013 in Phoenix, AZ.

Highvista Gold Inc. is pleased to report that it closed a non-brokered private placement financing for gross proceeds of $963,000 through the issuance of 4,815,000 units of the Company to AuRico Gold Inc. at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, each whole Warrant entitling AuRico Gold to purchase one common share at an exercise price of $0.25 per share until June 28, 2015. The securities comprising the Units are subject to a statutory hold period that will expire on October 29, 2013.

International Northair Mines Ltd. is pleased to announce that exploration at its La Cigarra silver project located in north central Mexico, has identified a potentially significant mineralized zone known as La Navidad.

Oroco Resource Corp. and Goldgroup Mining Inc. announce that they have agreed to extend, to July 15, 2013, the closing date for the acquisition of the Cerro Prieto Project by Goldgroup.

Guerrero Exploration Inc. has received the title certificates for its 100% owned Cibola and Coatepec concessions, and expects the Olinala concession to be granted in the coming months.

Tarsis Resources Ltd. is pleased to announce that option partner Osisko Mining Corporation has advised that its exploration team commenced work in May 2013 at the Erika property.

Baja Mining Corp. is pleased to announce that it has entered into an option agreement whereby it can earn up to an 80% interest in Cinto Colorado S. de R.L. de C.V., a private Mexican company. Cinto’s main asset is a surface lease which entitles Cinto to process and/or sell tailings and slag now stored on the lands subject to the Lease. Baja’s preliminary due diligence review indicates the tailings and slag contain significant residual copper and cobalt.