Category: Exploration and Development

Tarsis Resources says the Erika property in Mexico has become a high priority target, after discovering new mineralisation there.

Tarsis Resources Ltd. is pleased to announce that prospecting in mid-2012 at its Erika property located in southern Mexico, identified in-situ gold-bearing jasperoid breccias, features that are commonly found in Carlin gold systems.

According to officials, the deaths serve to highlight the poor regulation of safety conditions at small mines in the region

Soltoro Ltd. has received an additional option payment of US$100,000 from Gold Reserve Inc. Gold Reserve has the right to earn an undivided 51% interest in the La Tortuga property located in Jalisco State, Mexico. Gold Reserve has indicated it will carry out a drill program in 2012.

UC Resources Ltd. is pleased to provide this update to its shareholders, stakeholders and interested parties.

Serengeti Resources Inc. reports the completion of a reverse circulation drill program on three properties in Chihuahua, Mexico, and reports the results from two of these. Results were previously reported from the third property, Victoria, where drilling encountered gold-silver with associated zinc +/- lead mineralization hosted in silicified sediments within a 500 metre long zone open laterally and at depth.

Excellon Executive Chairman says a blockade outside the La Platosa mine has more to do with union issues then a water treatment plant.

Riverside Resources Inc. is pleased to announce that Cliffs Natural Resources Exploration Inc., a wholly-owned subsidiary of Cliffs Natural Resources Inc., has extended the generative phase of the Cliffs-Riverside IOCG Exploration Alliance for an additional year, with a further funding commitment of $750,000. Cliffs has also agreed to fund an additional $330,000 (approximate) for drilling the previously acquired Huerta target in Jalisco, Mexico.

Avino Silver & Gold Mines Ltd. is pleased to announce that it has entered into an option and joint venture agreement with Endeavour Silver Corp., whereby Endeavour was granted the option to acquire up to a 75% interest in the Laberinto Property, Durango State, Mexico, consisting of approximately 91.7 hectares. In order to exercise the option, Endeavour must pay up to US $200,000 in annual installments over 4 years to Avino in option payments, and incur up to US$3 million in exploration work on the Property over the next 4 years.

Endeavour Silver Corp. announces that it has entered into two separate option and joint venture agreements to earn up to a 70% interest in the Panuco silver-gold exploration property from a private company, Arcelia Gold Corp., and a 75% interest in the Laberinto silver-gold exploration property from an NYSE-MKT-listed company, Avino Silver and Gold Mines Ltd. Both properties are located about 60 kilometers (km) north-northeast of Durango City in Durango, Mexico.