Category: Exploration and Development

Camino Minerals Corporation is pleased to announce that it has entered into a Purchase of Rights Agreement with Silver Standard Resources Inc. pursuant to which the Company has agreed to acquire the back-in right that Silver Standard holds with respect to each of the El Rincon Gold Project and the Mecatona Gold-Silver Project, and Silver Standard’s right of first offer with respect to the Rodeo Gold Project.

Cream Minerals Ltd. is pleased to announce in-fill drill results for four holes testing the Once Bocas North Zone at Nuevo Milenio. Drill holes OBN 09-11 to OBN 12-11 tested the central section of Once Bocas North returning good values over widths ranging from four metres to 22 metres.

Un canadiense y un estadounidense son averiguados por intimidar a un hombre y a su madre

Colibri Resource Corporation is pleased to announce progress on its Ramard silver project located near the municipality of Carbo, State of Sonora, Mexico. Colibri recently completed a comprehensive exploration program over the Ramard property, which included geologic mapping, a systematic rock and soil geochemical sampling program, and a ground-based 3D Induced Polarization geophysical survey.

ABOT Mining is pleased to announce potential production of up to 900,000 ounces of Au from processing of approximately 400,000 tons ores available on our JV Partner Mexican gold property. As reported earlier, initial flotation engineering results from the surface of the ore indicated a recovery value of 89.00% of the Au and showed 2.51 ounces of Au per metric ton of ore. This cumulative ore tonnage represents possible production of over $1.5 billion in today’s gold prices.

ASX-listed Azure Minerals has started a prefeasibility study (PFS) on its Promontorio copper-gold-silver project, in Mexico.

Paramount Gold and Silver Corp. today reported some of the highest silver grades yet discovered at its 100% owned San Miguel Project in Mexico. Nine new in-fill holes drilled into the fast-growing San Antonio silver deposit returned intercepts of 20.1 meters grading 201.89 g/T of silver and 11.45 meters grading 418.21 g/T of silver. Eight of the nine holes intersected significant values, continuing the high success rate of recent months on the San Miguel Project.

Yale Resources Ltd. is pleased to report that a comprehensive work program is now underway at the Urique Project, located in Chihuahua State, Mexico, immediately north of Goldcorp’s El Sauzal gold mine and immediately south of Kimber Resources’ Monterde Property. Work at Urique is being performed on behalf of optionee Mammoth Resources Ltd.

Geologix Explorations Inc. is pleased to announce results from the property-wide airborne geophysical survey completed over the Company’s entire 172 square kilometre Tepal project in Michoacán State, Mexico (see the Company’s news release dated December 2, 2011). Results of the survey have identified multiple new prospective exploration targets warranting immediate follow-up. See the attached geophysical map or visit the Company’s website at www.geologix.ca for more details.

Bowmore Exploration Ltd. is pleased to announce the start of a Phase One 2,500 meter diamond drill program on the CHIVAS property located in Sonora, Mexico.