Category: Exploration and Development

MAG Silver Responds To Reports Of Illegal Eviction From Cinco De Mayo

MAG Silver Corp. is responding to reports from local media in Mexico that landholders from Benito Juarez decided during an assembly meeting of the local community in the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium.

Soltoro’s Channel Sampling Returns 24 gpt Gold and 333 gpt Silver & 12.5 gpt Gold and 512 gpt Silver at Tecolote in Jalisco, Mexico

Soltoro Ltd. has received positive gold and silver assay results from ongoing mapping and sampling on its 100% owned Tecolote Project in Jalisco, Mexico. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.

Baja Mining Reports Fatality at Boleo Project

Baja Mining Corp. regrets to report that it has been informed by Minera y Metalurgica del Boleo S.A. de C.V., its 49% owned Mexican company, that an employee of a construction contractor was fatality injured at the construction site of the Boleo Project on the morning of November 15, 2012.

Source Exploration Corp.: Step-Out Drilling at Las Minas Project Intersects 4.30 g/t Gold, 7.55 g/t Silver and 2.91% Copper Over 8.0 Metres

Source Exploration Corp. reports that four new drill holes from the 2012 program have expanded the recently discovered high-grade zone at the Las Minas property, Mexico The drilling has extended the high-grade discovery zone a further 35 metres to the west of discovery hole LM-SC-12-45, which returned 15.89 grams per tonne gold (g/t Au), 12.98 grams per tonne silver (g/t Ag) and 2.25% copper (%Cu) over 10 metres. Drill hole LM-SC-12-57 returned 4.30 g/t, 7.55 g/t silver and 2.91% copper or 8.88 g/t Au Eq over 8.0 metres. The high-grade zone has now been outlined by detailed drilling over a strike length of 55 metres, with widths varying from 4.0 to 28.0 metres and extending approximately 150 metres down-dip. The high-grade core of gold, silver and copper mineralization is contained within a larger mineralized envelope measuring approximately 87 metres on strike, and remains open both down-dip and along strike to the Northwest.

Niega José Luis Márquez apoyo a proyectos de mineras

El diputado José Luis Márquez negó tajantemente haber participado en una reunión en la que legisladores federales supuestamente intentaron exhortar a habitantes de la sierra poblana para que permitan la instalación de empresas mineras en la zona.

Soltoro’s Equity/Royalty Partner Intercepts 2.90 Metres of 499 GPT Silver and 1.44 GPT Gold From the El Tajo Vein at the Coyote Project

Soltoro Ltd. holds a total of 6,968,000 common shares of Argentum Silver Corp. and is completing the transfer of 100% of the mining rights to the Coyote property to Argentum Silver Corp. Upon transfer, Soltoro will retain a 3% Net Smelter Return interest in Coyote whereby 1% can be purchased by Argentum Silver for US$1.5 million to a maximum of 2%.

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