Category: Exploration and Development

Evrim Resources Corp. is pleased to announce that exploration partner Inmet Mining Corporation has approved a $2.43 million drilling and geophysical program on the Company’s wholly owned Cumobabi project in Sonora, Mexico. The Cumobabi project comprises 407 square kilometre of prospective ground within the Sonora copper-molybdenum porphyry belt, approximately 130 kilometres north east of Hermosillo.

Candente Gold Corp. is pleased to provide an update on the continuing definition of gold-silver mineralization at its El Oro Project in central Mexico. Following a recent Director’s visit to the property, Candente Gold is of the opinion that the El Oro project has met a major milestone in the ongoing compilation of the historical work by identifying previously unrecognized and untested controls for potential higher grade mineralization.

Garibaldi Resources Corp. is pleased to report results at the Locust drill target in Sonora State, Mexico. To date, 9 holes have been drilled for a total of 1,757.7 meters. The tenth hole is currently in progress. This news release reports new results from holes LCT-12-07 through LCT-12-09 in the table below. In general, most of the holes have intersected significant widths of mineralization.

Kootenay Silver Inc. is pleased to announce results from preliminary metallurgical testing conducted by ALS Minerals of Kamloops, British Columbia on the gold component contained within the diatreme hosted Promontorio Silver resource. Results from the ALS gold extraction tests show that recovery of gold from the Promontorio resource is possible using post pressure oxidation. After pressure oxidation 94.5% of the gold was extracted from pyrite concentrate.

Sólo se hará un exposición del proyecto que incluye únicamente la fase de “exploración” y no el de la posible apertura.

Amarium Technologies, Inc. released today that it is aggressively pursuing the acquisition of a copper property in Mexico. Once completed, the acquisition will represent a strategic shift in business for Amarium. The Company is now focusing on the acquisition and development of base metals projects inside Mexico that represent significant growth, value and cashflow opportunities.

Kimber Resources Inc. today announced results from its underground rehabilitation and sampling program within the historic Carmen Level 1, underground workings of the Carmen deposit at the 100% owned Monterde gold-silver project in Chihuahua, Mexico. Level 1 is the middle and most extensive of three levels developed on the Carmen deposit. Assay results from Level 1 at Carmen show significant strike lengths of high grade gold and silver mineralization remaining on the vein structure that were not removed by mining in the 1930’s and 1940’s. The continuity of these high grade zones, over significant strike lengths, supports the potential for similar continuity of high grade zones intersected in other areas of the Carmen deposit.

Garibaldi Resources Corp. is pleased to provide shareholders the following exploration review for the year 2012. The company undertook regional evaluations at its five 100% owned projects in Mexico: Tonichi, Rodadero, and Badesi in Sonora State, Iris in Chihuahua State, and Sianori in Durango State.

Golden Tag Resources Ltd. is pleased to report the Updated Resource Estimate completed by SGS Canada Inc. on the San Diego Deposit located in the Velardeña camp in Durango State, Mexico. The property is a 50-50 joint venture between Golden Tag and Golden Minerals Company. Golden Tag is the operator and is earning an additional 10% interest to a 60% interest by funding additional exploration on the property.

SilverCrest Mines Inc. is pleased to announce results of further delineation drilling at the Santa Elena Mine in Sonora, Mexico. One hundred and eleven holes of a revised planned 114 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. This drill program continues to be extremely successful and several of the most recent holes have identified additional bonanza grade (as defined below) intercepts and two new zones (El Cholugo and El Cholugo Dos) that lie below and are sub-parallel to the Main Mineralized Zone currently being mined. All holes included in this program will assist with resource confirmation and reclassification, the results of which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.