Category: Exploration and Development

Excellon Resources Inc. reports that on Monday, July 9th, members of the Edijo de La Sierrita, assisted by the NGO group PRODESC and Sindicato Nacional de Trabajadores Mineros Metalúrgicos, Siderúrgicos y Similares de la República Mexicana which is affiliated with the United Steelworkers Union of Canada (USW) commenced an illegal action at the Company’s La Platosa Mine, located in Durango Mexico.

Empresa asegura que sólo se tratan de trabajos para verificar el impacto ambiental

Silver Bull Resources, Inc. is pleased to announce more drill results from the 2012 surface drill campaign on its Sierra Mojada Project located in the state of Coahuila, Northern Mexico.

Zinco Mining Corporation has dropped one concession and applied to reduce the size of five other concessions held in its VMS Jalisco Project in Mexico. This step has been taken to reduce its property holding costs while the company seeks additional financing. Land being abandoned at this time is peripheral to the Company’s core assets.

El subsecretario de Medio Ambiente, Juan Carlos Morales, precisa que la minera Frisco únicamente está haciendo un diagnóstico para evaluar si inicia o no operaciones en el sitio

Santacruz Silver Mining Ltd. is pleased to announce an update regarding its activities in Mexico at the San Felipe project, including an initial independent National Instrument 43-101 Mineral Resource estimate. The Mineral Resource estimate was completed by Kelsey Zabrusky under the supervision of Zachery Black SME-RM and Donald E. Hulse PE and SME-RM, of Gustavson Associates, LLC, both of whom are independent “qualified persons” under NI 43-101.

Arian Silver Corporation a silver exploration, development and production company with a focus of projects in the silver belt of Mexico, announces its wholly owned subsidiary, Arian Silver de Mexico SA de CV is in dispute with the owner of the toll mill which is contracted to process ore from the trial mining operation at the San José mine in Zacatecas State in Mexico; this has resulted in the suspension of milling operations. Detailed discussions to resolve the dispute are under way.

Minera Meteoro. Grupo Frisco: El incremento de la exploración, a finales de diciembre de 2011, en las más de 10 mil hectáreas concesionadas a la empresa puso en alerta a los habitantes del municipio, quienes constituyeron una organización para frenar la extracción de oro y plata.

Endeavour Silver Corp. and AuRico Gold Inc. are pleased to announce that they have completed the acquisition by Endeavour of 100% interests in AuRico Gold’s El Cubo silver-gold mine in Guanajuato State, Mexico and the Guadalupe y Calvo silver-gold exploration project in Chihuahua State, Mexico. Total consideration paid at closing by Endeavour was US$200 million comprised of US$100 million in cash and US$100 million in Endeavour common shares (11,037,528 shares). AuRico will also be entitled to receive up to an additional US$50 million in cash payments from Endeavour conditional on the occurrence of certain events during the next three years. Endeavour will provide more details on its plans for El Cubo and Guadalupe y Calvo next week.

Almaden Minerals Ltd. is pleased to announce further results from the on-going four drill exploration program on the Company’s 100% owned Tuligtic project, Mexico with hole TU-12-145 drilled into the Ixtaca North Zone, a developing parallel zone to the Main Ixtaca Zone. The intercept in hole TU-12-145 includes high grades and expands the known extent of Ixtaca North Zone. Highlights from hole TU-12-145 include the following intercepts (a more complete list of intercepts is shown in the table below):