Category: Exploration and Development

Fortuna drills 7.3 m of 1789 g/t Ag and 10 g/t Au on northern extension of the San Jose mine, Mexico

Fortuna Silver Mines Inc. is pleased to report that exploration drilling has successfully extended the Trinidad ore shoot to the north and to depth with mineralization remaining open in both directions. Results are also reported for the initial infill drilling being carried out in the central portion of the Trinidad deposit for purposes of conversion of Inferred Mineral Resources to an Indicated Mineral Resource classification.

Multará Profepa a Minerales Libertad

En la inspección, en materia de industria, se detectó que los contenedores de residuos peligrosos no cuentan con identificación y el almacén temporal de estas sustancias no cumple con todos los requisitos marcados por la normatividad ambiental; destacó que por cualquiera de estas dos irregularidades la sanción puede ser de hasta 3 millones de pesos…

AIVN Provides Update

American International Ventures, Inc. announced that it is working diligently with their accountant and attorney to get their filings up to date and should accomplish that feat in the near future.

Oceanus Contracts Airborne Survey in Mexico

Oceanus Resources Corporation is pleased to announce that it has contracted MPX Geophysics Ltd. of Markham Ontario, to conduct a helicopter-borne geophysical survey on its recently acquired La Lajita property covering over 3,200 hectares in Durango, Mexico. The La Lajita property is located in the Sierra Madre Occidental known for its numerous gold-silver mines.

Golden Goliath Resources Ltd.: Drilling to Resume at Las Bolas/Los Hilos

The Company is pleased to announce that they have received notice that the Mexican Subsidiary of Agnico-Eagle Mines Limited is scheduled to resume drilling in early May. This will be the second year of work by them on the property since the Earn-in and Shareholders agreement was signed. Under the terms of the agreement, Agnico-Eagle can earn a 51% interest in the property by spending $5 million on exploration over a 5 year period. Agnico-Eagle will then have the option of earning an additional 20% interest by either completing a feasibility study or by spending an additional $10 million in exploration.

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