DynaResource Inc. last week asked a Texas state court for more than $14 million in damages it says were caused when Goldgroup Resources Inc. improperly claimed to own half of a 178,000-acre gold mining project in Mexico.
Bacanora Minerals Ltd. is pleased to announce the results of a Preliminary Economic Assessment on the Company’s Cajon Borate deposit in Sonora, Mexico.
Gold Reserve Inc. has received a written notice dated January 3, 2013, that the staff of the NYSE MKT LLC intends to file a delisting application with the United States Securities and Exchange Commission to remove the Company’s common shares from being listed on the Exchange. The Company intends to appeal the Exchange staff’s decision.
– Advanced stage work aimed at expanding historical (NI 43-101) indicated resource (22 million ounces silver equivalent*.
– Update resource estimate and conduct preliminary economic assessment.
– Additional pure exploration targeting new discoveries in the 13,400-hectare property
San Marco Resources Inc. has received notification from Patriot Minefinders Inc. that they will not be proceeding with the La Buena property option. This option, as disclosed in the Company’s news release dated February 29th 2012, has thus terminated.
ABOT Mining is pleased to announce that the precipitation of gold and silver from the trial run of 150 tons of silver tailings and grounded ore shall continue for the next few days. Our Mexican Operating/JV Partner expects to smelt/refine the concentrate from this trial run into bars of dore bullion by the second to third week of this month.
Silver Standard Resources (TSX: SSO) to Develop Mexican Mine
Guerrero Exploration Inc. announces that it has completed the previously announced acquisition of all of the issued and outstanding shares of Pinette Copper Corp, a private Vancouver-based mineral exploration company with 2 exploration properties located in Botswana. Guerrero will issue approximately 33,809,885 to the shareholders of Pinette.
Southridge Enterprises Inc. is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.
Santacruz Silver Mining Ltd. announces that it has filed on SEDAR an updated technical report in respect of its San Felipe Project, titled “Update of NI 43-101 Technical Report on Resources, San Felipe Project, Sonora, Mexico”. The updated report provides additional information on data verification and sampling. It is updated as of December 19, 2012, and has an effective date of April 5, 2012. The resources remain unchanged from the original report which was announced on July 16, 2012.
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