Category: Exploration and Development

Ocean Park Withdraws from Adelita Option

Ocean Park Ventures Corp. announces that it has withdrawn from its option agreement with Minaurum Gold Corp. where it was earning an interest in the Adelita copper – gold – silver project in Sonoroa, Mexico. After a thorough review of the available data and drill results, the Company has opted not to make additional payments as required under the option agreement as the project does not meet its geological criteria.

Golden Goliath Resources Ltd.: Agnico-Eagle Starts Drilling at Las Bolas/Los Hilos

Golden Goliath Resources is pleased to provide an update of developments on their extensive exploration portfolio in the Uruachic Mining District in the Sierra Madre Gold-Silver Belt of northwest Mexico. The Uruachic Mining District hosts the recently discovered Orisyvo deposit, a 9.6 million ounce gold deposit currently being explored and developed by Fresnillo PLC, one of the world’s largest mining companies.

Almaden Resumes Drilling at Ixtaca, Adopts Advance Notice Policy

Almaden Minerals Ltd. is pleased to announce that drilling has recommenced at its 100% owned Tuligtic Project in Mexico. In January 2013 Almaden announced the maiden resource on the Ixtaca Zone of the Tuligtic Project which at a 0.5 g/t AuEq cutoff included Indicated Resources of 2,019,000 AuEq ounces and Inferred Resources of 1,552,000 AuEq ounces. The 2013 drilling program will focus on expanding the resource as well as testing other areas on the 14,000 hectare project considered by management to be highly prospective.

Fortuna launches new sustainability section on website

Fortuna Silver Mines Inc. is pleased to have launched a new section of its website devoted to sustainability (http://www.fortunasilver.com/s/sustainability.asp). The Sustainability section offers an overview of the many projects Fortuna is working on to create sustainable value for its employees, their families, and the communities in which we operate.

Minera de Carlos Slim suspende trabajos en Tetela de Ocampo

Minera Frisco -propiedad del magnate Carlos Slim- suspendió los trabajos de exploración en el cerro de “Las Espejeras” del municipio de Tetela de Ocampo luego de las protestas generadas por los pobladores del lugar en los últimos meses.

Tarsis Options Erika Gold Project to Osisko Mining Corporation

Tarsis Resources Ltd. is pleased to announce it has optioned its Erika property, located in southern Mexico, to Osisko Mining Corporation. The Option and Joint Venture Letter Agreement grants Osisko the right to earn up to a 75% interest by funding exploration and development of the property and making cash payments to Tarsis. Key terms of the Agreement are as follows:

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