Category: Exploration and Development

SilverCrest Expands Santa Elena Deposit; More High Grade Intercepts 13m @ 1.6 gpt Au and 324.8 gpt Ag Including 1m @ 5.1 Au and 2,840 gpt Ag

SilverCrest Mines Inc. is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Ninety four holes of a planned 100 holes have been completed to help re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources. This drill program continues to be extremely successful with several recent holes identifying multiple bonanza grade intercepts and the new El Cholugo high grade gold and silver zone. All holes included in this program will assist with Resource confirmation and reclassification to be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.

Capstone 2012 Fourth Quarter and Full Year Production Results Meet Guidance

Capstone Mining Corp. today announced the operating results for the three and twelve months ended December 31, 2012 of its two operating mines, Cozamin and Minto. Combined production totalled 19.7 and 82.8 million pounds of copper in concentrates in the fourth quarter and full year 2012, respectively, with additional by-products of zinc, silver, gold and lead.

NSX Silver commences Phase 2 drilling program at Dios Padre Silver Project

NSX Silver Inc. is pleased to announce it has commenced a Phase 2 drilling program on the Dios Padre Silver Project in Mexico. The Dios Padre Project is located in the Eastern Sierra Madre Mountain range about midway between the cities of Hermosillo and Chihuahua, in east central Sonora. The Project is comprised of three contiguous exploitation concessions covering an area of 285 hectares which NSX Silver holds under option.

Mammoth Expands Mineralization on its Tenoriba Property

Mammoth Resources Corp. is pleased to report that following two tours by its geological team exploring the company’s Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico (refer to the company’s website www.mammothresources.ca, for a detailed location map), it has extended mapping and sampling of similarly altered felsic volcanics and breccia with numerous locations of vuggy silica to the northeast and south west of the area previously drilled by Masuparia Gold Corporation (Masuparia). The occurrence of these rock types, extending at least one kilometre to the northeast and one kilometre northwest are similar to those drilled by Masuparia in which it intersected up to 45 grams per gold per tonne (please refer to press release dated July 3, 2012 for the results of this work).

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