El Tigre Silver Corp. is pleased to report that an extensive metallurgical test program on its El Tigre tailings project has been completed with positive results. The El Tigre silver project is located on concessions that are part of the Companys 431 square kilometer concession ownership in Sonora, Mexico.
McEwen Mining Inc. is pleased to provide a summary of the First Quarter, including operational and development updates for its projects in Argentina, Mexico and Nevada.
Comstock Metals Ltd. is pleased to announce the discovery of porphyry-style gold mineralization from its core drilling programme at the Corona Project in the Uruachic-Ocampo District of western Chihuahua, Mexico. The Uruachic-Ocampo District is host to several multi million-ounce gold/silver deposits, including Fresnillo PLC’s Orisyvo Deposit with a reported resource of 9.2 Million ounces of gold. At Corona, porphyry-style gold mineralization has been identified, and remains open to the north, east and at depth. The most recent eight drill holes completed by Comstock intersected favourable geology and strong alteration east and southeast of the Northeast Zone, stepping-out up to 350 m from holes drilled in 2002-2003. A new zone of porphyry-style gold mineralization was intersected beneath the previously reported vuggy silica lithocap (see CSL news release dated April 2, 2012 for results of holes CO-12-60 to 62).
Argonaut Gold Inc. is pleased to report on exploration results at its San Antonio project in Baja California Sur, Mexico and the La Colorada project in Sonora, Mexico.
Serengeti Resources Inc. is pleased to announce results from the first three holes of a recently completed 19 hole reverse circulation (RC) drill program at the Victoria project. Hole V-01 encountered a near surface oxide gold-silver zone grading 1.68 g/t Au and 4.8 g/t Ag over 7.5 metres, while both holes V-01 and V-02 encountered widespread polymetallic (gold-silver-zinc) mineralization, indicative of an epithermal sedimentary replacement deposit. Holes V-01 and V-02 were drilled along a northeast-southwest fence. The remaining 17 holes were drilled on step out fences to the north and south to test a 2.0 kilometre long target area. The balance of the results will be released as they become available.
Almaden Minerals Ltd. is pleased to announce further results from the on-going 4 drill exploration program on the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-96, TU-12-98 and TU-12-106 to 125. Holes TU-12-98, 109, 113 and 116 were drilled on the Northeast Extension Zone. Holes TU-12-110, 114, 118,119 and 122 were drilled into the Ixtaca North Zone. The remainder of the holes reported in this release were drilled into the Main Ixtaca Zone with holes TU-120, 123 and 124 from infill sections spaced at 25 meters from previous 50 meter spaced sections. Holes TU-12-108, 111, 117 and 121 on sections 10750 and 10800 demonstrate continuity of the Main Ixtaca Zone up-dip and along strike to the northeast.
Golden Goliath Resource’s highly experienced exploration team has made great advances in defining the resource potential on the Company’s 100% owned Nopalera property in the Sierra Madre Gold-Silver Belt of northwestern Mexico.
SilverCrest Mines Inc. is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012). New results show the Trend expanding an additional 200 metres to the northeast and 100 metres to southwest with the average width increasing from 500 to approximately 700 metres along a strike length of 2,500 metres.
Windstorm Resources Inc. after reviewing the results of its exploration activities on the Escondida gold-silver property in San Luis Potosi, Mexico, has decided to give notice and has terminated its option to acquire an interest in the property.
Southridge Enterprises Inc. is pleased to announce that it has expanded its previously announced exploration program on February 13, 2012, to include the additional 80% unexplored portion of the known vein system at Cinco Minas.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
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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