Colibri Resource Corporation is pleased to update exploration activities at the Ramard property near the town of Carbo and at the Colibri project located approximately 40 kilometers north of the city of Caborca in northern Sonora, Mexico.
Lone Star Gold, Inc. is pleased to provide an update on its Tailings Project wash plant construction progress and other project developments, and on its La Candelaria gold-silver project drilling progress and sample results. Both projects are located in the state of Chihuahua, Mexico.
Golden Tag Resources Ltd. is pleased to announce that a 5,000 metre program of diamond drilling with an estimated budget of $1.8 million including related expenditures, is planned to commence in May, 2012 on the San Diego Property in Durango State, Mexico. The recently revised joint venture agreement with partner Golden Minerals Company (see press release:March 28)(see press release:2012), gives Golden Tag the right to increase its interest in the joint venture from 50% to 60% by funding the next US$3 million of exploration expenditures and to assume the role as designated operator of the JV. While the joint venture was scheduled to issue an updated NI 43-101 resource report in April, 2012, this will now be delayed, as recent developments provide Golden Tag an opportunity to focus immediately on Resource growth at San Diego. The objective of the 2012 drilling program is to further delineate and potentially extend, several new discoveries which were the result of drilling in 2011 (see press releases:October 27)(see press releases:2011)(see press releases:November 15)(see press releases:2011)(see press releases:December 12)(see press releases:2011)(see press releases:January 31)(see press releases:2012). Upon completion, the results from the new Phase 6 drilling program will be incorporated into new models for geology and mineral resources on the San Diego Property and a new updated 2012 Resource Report will be issued, now targeted for October, 2012.
Evrim Resources Corp. is pleased to announce the start of the 2012 exploration program at the Cumobabi copper — molybdenum porphyry project in Sonora, Mexico. The exploration program is a joint effort between Inmet Mining and Evrim and is subject to an option agreement announced in February 2011.
Kimber Resources Inc. is pleased to announce further high-grade drill results from its gold-silver Monterde property in the prolific Sierra Madre belt of Mexico. MTC-151 intercepted 4.2 metres of 6.2 g/t gold and 47 g/t silver while MTC-157 intercepted 4.5 metres of 4.9 g/t gold and 124 g/t silver.
Vatic Ventures Corp is pleased to announce that it has entered into an agreement with Minera Meridian Minerales S.R.L. de C.V. whereby the Company has acquired the right to earn an undivided 100% interest in and to certain mineral claims located in Sinaloa, Mexico. The claims are called the La Silla claims. The property is located some 65 km north of Mazatlan in the State of Sinaloa and encompasses about 14,426.7 hectares. It is part of the Trans Mexican Volcanic Belt. Some parts of these structures have been historically mined on a small scale.
First Majestic Silver Corp. is pleased to announce that total production at its three mines in Mexico for the first quarter ending March 31, 2012 reached 2,007,219 equivalent ounces of silver.
Avino Silver and Gold Mines Ltd. is pleased to provide the following update of activities in the 1st quarter 2012 at its Avino’s mine operation located near Durango, Mexico.
Goldex Resources Corporation today announced results from the phase one drill program on its Mexican property, El Arco. El Arco represents a newly discovered gold-silver system that has seen no previous exploration activity. The property is located in the Central Plateau gold and silver belt, near the historic silver-lead-zinc district of Tejamen in the state of Durango, Mexico. El Arco demonstrates low sulphidation epithermal-style banded quartz veinlets similar to those found at the surface in the La Cienga district also located in Durango. The project consists of two mineral exploration licenses that cover 3,381 hectares. Surface samples have confirmed the presence of both high-grade gold and silver values.
Southridge Enterprises Inc. announced today that the Company would like to clarify its mineral property ownership status at Cinco Minas in Jalisco, Mexico.
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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