Orex Minerals Inc. and Astral Mining Corporation announce that further to their joint press release dated October 15, 2012, they have entered into an arrangement agreement which provides for, among other things, the acquisition by Orex of all of the issued and outstanding common shares of Astral by way of a court approved plan of arrangement pursuant to the Business Corporations Act (British Columbia).
Southridge Enterprises Inc. is pleased to announce the completion of the drill program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed at Gran Cabrera Mine and bringing the drill density to a higher level which is more suitable for a mineral resources estimation.
SilverCrest Mines Inc. is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Seventy nine holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. To date, this drill program has been successful and will assist with resource confirmation and conversion which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.
Sundance Minerals Ltd. is pleased to announce that it has completed the Phase 1 diamond drilling program at the San Ricardo property in Sonora, Mexico. Twelve holes were drilled along a 200 meter strike length of the Santa Cruz fault/vein target and two additional holes (SR12-12&13) were drilled on the Mina Antigua vein. Results are detailed in the following table.
The Board of Directors of Dia Bras Exploration Inc. is pleased to announce that the corporation has changed its name to Sierra Metals Inc. effective December 5, 2012. Accordingly, a new website for the Company is now online at www.sierrametals.com.
Citation Resources Inc. is pleased to announce preliminary results of its airborne versatiletime-domain electromagnetic (“VTEM”) survey completed in October 2012over a substantial portion of the Biricu Gold Project located withinMexico’s Guerrero gold belt.
Primero Mining Corp. regrets to report a fatal accident involving one of its employees at its San Dimas Mine in Mexico yesterday.
Ayer sábado se dio a conocer el fallecimiento del minero Juan Rodríguez Arellano, de 39 años de edad, con domicilio en el poblado Mesa de los Negros, municipio de San Dimas. De acuerdo a datos oficiales, presentó al momento de su muerte múltiples heridas contusas entre las que destaca traumatismo craneoencefálico, mismo que le causó la muerte.
Bowmore Exploration Ltd. is pleased to announce that it has acquired its 50% interest in the Chivas gold property in the State of Sonora, Mexico, from the Amex Exploration Inc. subsidiary, “Minerales X-Ore de S.A. de C.V.”, a Mexican mining corporation.
Recent sampling at multiple narrow vein mining locations have now been sampled and site visited by management. The following observations and results were inspected on a recent site visit.
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