Mexicos government says it will protect a half-million acres held sacred by the Huichol Indian tribe that inspired a protest movement against a Canadian companys silver-mining concessions in the northern desert.
Precious metals producer Coeur dAlene Mines said on Thursday production has restarted at its Palmarejo mine in Mexico, following a work stoppage that started at the weekend.
El Tigre Silver Corp. is pleased to provide an update report along with assays from the next three holes from the ongoing Gold Hill core drilling program at its 100% owned El Tigre silver project in Sonora, Mexico.
Arco Resources Corp. announces that it has closed the sale of the Lachiguiri and Silacayoapan properties to Argentum Silver Corp. in accordance with a settlement and purchase agreement dated May 9, 2012 (see Arco’s news release dated May 10, 2012).
Coeur dAlene Mines, the Idaho-based precious metals producer, on Wednesday said it did not believe an illegal strike at its Mexican Palmarejo mine would have a material impact on production.
American Consolidated Minerals Corp. is pleased to report that recent field work has identified a significant geophysical and geochemical anomaly comprising a target measuring approximately 1,400 metres in length at its 50%-owned Sierra Rosario Silver/Gold Property, located in Sinaloa State, Mexico.
Serengeti Resources Inc. announces results from the remaining 16 holes of a recently completed 19 hole reverse circulation drill program at the Victoria project, located in Southern Chihuahua State, Mexico. Drilling continued to demonstrate the presence of widespread poly-metallic (gold-silver-zinc+/-lead) mineralization at the Victoria project, which had previously been identified in holes 1 and 2 (see news release dated May 8th, 2012). Hole V13 intersected 1.95% Zn, 0.26% Pb, 0.07 g/t Au, and 5.1 g/t Ag over 24.0 metres. In addition, hole V16 intersected 1.0 g/t Au and 17 g/t Ag over 1.5 metres, and hole V9 intersected 5.31% Zn and 4.0 g/t Ag over a 3.0 metre interval.
International Northair Mines Ltd. is pleased to report that recent field work has identified a significant geophysical and geochemical anomaly comprising a target measuring approximately 1,400 metres in length at its 50% owned Sierra Rosario silver/gold project, located in Sinaloa State, Mexico.
Citation Resources Inc. is pleased to provide an update on its initial reconnaissance exploration program including stream sampling, rock chip sampling and geologic mapping of portions of its approximately 41,000 hectare Biricu Project situated in the Guerrero Gold Belt, Mexico.
Sierra Madre Developments Inc. and its partner Riverside Resources Inc. are pleased to announce that a new gold anomaly has been discovered less than 2 km south of the El Capitan gold zone currently being drilled (2,500 meter diamond core drill program) by Sierra Madre. This new epithermal gold area called the Pinchanzo zone has initial surface assay samples (21 samples) returning up to 2.38 g/t gold with 20 percent of the samples returning greater than 1 g/t gold. A follow up mapping and sampling program is now underway.
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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