Category: Exploration and Development

Citation Announces Priority Drill Targets at Biricu Project

Citation Resources Inc. is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico’s prolific Guerrero Gold Belt.

Prospero Silver Corp.: Soil Grid Sampling at El Petate Expands Target Areas

Prospero Silver Corp. is pleased to announce the results of a further 487 soil samples obtained in the Petate East sector of it’s 6,000 hectare El Petate project. The grid is in addition to the rock chip assays from the previously reported Petate West (Apartadero) zone and was carried out over the Petate #1, #2, #3, and #4 target areas over a total length of 2 km as shown in Figures 1 to 4. The eastern sector demonstrates proportionately high silver values than Apartadero.

Goldgroup Signs Agreement to Acquire the Cerro Prieto Gold Project

Goldgroup Mining Inc. is pleased to announce that it has entered into a binding agreement with Oroco Resource Corp. whereby Goldgroup will acquire 100% interest in Oroco’s Cerro Prieto Project in Sonora State, Mexico for an initial cash payment of US$4.5 million, US$1 million private placement of units in Oroco and up to an additional US$13.5 million in payments made from future gold produced at the Properties, subject to receipt of regulatory and Oroco shareholder approvals.

Oroco Signs Agreement to Sell Cerro Prieto

Oroco Resource Corp is pleased to announce that it has entered into a binding agreement with Goldgroup Mining Inc. pursuant to which Oroco will sell to Goldgroup a 100% interest in Minas de Oroco Resources, S.A. de C.V., Oroco’s Mexican subsidiary which holds a 100% interest in the Company’s Cerro Prieto Project in Sonora State, Mexico.

Impact Silver Corp’s Mirasol Prospect uncovers a cluster of new silver veins; intersections include 945 grams-per-tonne-silver over 1.8 meters

Impact Silver Corp. announces results from the second phase drill program on the recently discovered Mirasol Prospect, located 5.5 kilometers southeast of IMPACT’S 500-tonne-per-day (tpd) Guadalupe processing plant at the Royal Mines of Zacualpan Silver-Gold District in central Mexico. Higher grade silver values are now being encountered, as well as the discovery of several new veins. A highlight from this program includes drill hole Z12-79, which encountered seven distinct veins, all of which are now contributing potentially economic silver intersections. For the first time since the Company began its exploration drilling in 2006, the top of a new silver bearing vein has been discovered in the district with the expectation that the entire mineralized system is preserved at depth.

Mineros voltean a ver a Nuevo León

Monterrey, México.- La Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México (AIMMGM) ha puesto sus ojos este año en Nuevo León, entidad donde pretende explorar en busca de minerales.

Generan mineras mil 800 empleos en Zacatecas

“Zacatecas es un buen lugar para hacer negocios con la minería”, afirmó Jaime Lomelín Guillen, presidente del Clúster Minero (Clusmin), durante su primera sesión anual, toda vez que a la fecha existe un seguimiento a 32 empresas proveedoras de la minería con interés de establecerse en el estado

Westridge Resources Cancels Jazzy Claims Option

Musgrove Minerals Corp. announces that Westridge Resources has canceled the Jazzy claims option agreement for the project in Sinaloa, Mexico originally announced on October 3, 2012.

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