Category: Exploration and Development

Camino Minerals Corp. said that drilling is underway at the El Secreto gold, silver and copper project in Mexico.

Almaden Minerals Ltd. is pleased to announce final drill results to be included in the Company’s maiden resource estimate. With the results today 225 holes accounting for 81,971.03 meters of drilling, all drilled since the discovery was made in 2010, will form the basis of the resource estimate. The exploration drilling program at Ixtaca is on-going. The results reported today demonstrate the continuity of the known mineralisation as well as the presence of high grades locally.

Camino Minerals Corporation is pleased to announce that drilling is underway at the El Secreto Gold, Silver and Copper Project, located in Sinaloa State, Mexico. The 2,000 metre reverse circulation drill program commenced over the weekend and is expected to take up to four weeks to complete. This is the first ever drill program to be carried out at El Secreto.

IMPACT Silver Corp. is pleased to announce first phase drill results from multiple veins at the La Condesa Prospect in the Royal Mines of Zacualpan District in Mexico. La Condesa area can be accessed from the underground workings of the historic Cuchara Mine, which are currently being refurbished to mine IMPACT’s nearby high grade Oscar silver zone…

MAG Silver Corp. is responding to reports from local media in Mexico that landholders from Benito Juarez decided during an assembly meeting of the local community in the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium.

Soltoro Ltd. has received positive gold and silver assay results from ongoing mapping and sampling on its 100% owned Tecolote Project in Jalisco, Mexico. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.

Baja Mining Corp. regrets to report that it has been informed by Minera y Metalurgica del Boleo S.A. de C.V., its 49% owned Mexican company, that an employee of a construction contractor was fatality injured at the construction site of the Boleo Project on the morning of November 15, 2012.

El titular de la Secretaría General de Gobierno (SGG), Fernando Manzanilla Prieto, llamó a “no politizar” la posible instalación de proyectos mineros en diversos municipios de la Sierra Norte del estado.

Source Exploration Corp. reports that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property, Mexico The drilling has extended the high-grade discovery zone a further 35 metres to the west of discovery hole LM-SC-12-45, which returned 15.89 grams per tonne gold (g/t Au), 12.98 grams per tonne silver (g/t Ag) and 2.25% copper (%Cu) over 10 metres. Drill hole LM-SC-12-57 returned 4.30 g/t, 7.55 g/t silver and 2.91% copper or 8.88 g/t Au Eq over 8.0 metres. The high-grade zone has now been outlined by detailed drilling over a strike length of 55 metres, with widths varying from 4.0 to 28.0 metres and extending approximately 150 metres down-dip. The high-grade core of gold, silver and copper mineralization is contained within a larger mineralized envelope measuring approximately 87 metres on strike, and remains open both down-dip and along strike to the Northwest.

409 g/t (11.9 oz/T) Ag, 10.23% Pb, 8.37% Zn, 0.114 g/t Au over 6.68 metres and 185 g/t (5.4 oz/T) Ag, 5.22% Pb, 5.58% Zn, 0.478 g/t Au over 10.33 metres in hole LP1030