Magellan Announces Restart of SDA Mill

“The reprocessing operation will offset holding costs and allow the mill to remain in a fully operational status,” said Pierce Carson, CEO. “Meanwhile we are continuing to focus on securing sources of high-grade gold and silver ore that can be trucked to the mill for processing. We are close to being able to announce the acquisition of an attractive property that will allow us to resume mining operations, build production and increase cash flow.”

BID demanda responsabilidad social de mineras en Latinoamérica

“Es necesario hacer un trabajo conjunto entre mineras, gobiernos y comunidades en torno a proyectos mineros, dijo Luis Alberto Moreno, presidente del BID, en un panel de discusión organizado por el Consejo Canadiense para las Américas (CCA), organismo dedicado a analizar la relación de Canadá con las Américas.

Hecla Receives C$40 Million Investment from Ressources Quebec

“Today’s announcement is another example of why Quebec is a leading mining jurisdiction in North America,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “Since we acquired the Casa Berardi mine, we have seen a significant improvement in its operations, including doubling the throughput, increased gold production and reserves, and a 70% reduction in the All Injury Frequency Rate. We have also added about 250 workers to the mine since it was acquired, bringing the total to around 950 currently. We welcome this opportunity to work closer with the Quebec government as we continue to grow and strengthen the operation.”

Vangold Mining Concludes Phase 1 Drilling at El Pinguico to Focus on Phase 2 Drilling In-Situ El Pinguico Vein

Kristopher J. Raffle, P.Geo. (BC), Principal and consultant of APEX Geoscience Ltd. (APEX) commented, “The Company is currently reviewing the recently received El Pinguico underground stockpile drilling assay results, and the effect that relatively inconsistent recoveries, and loss of fine material may have on sample grades; and ultimately our assessment of the representivity of sampled material in comparison to the in-situ stockpile. Once the comprehensive review has been completed, the Company will provide a full report.”

Sonoro Metals Expands Cerro Caliche Property in Mexico

“The addition of Rosario to our Cerro Caliche concessions mostly completes the acquisition program for the area of mineralization outlined and partially explored by Corex Gold during their drilling in 2008,” said Kenneth MacLeod, President and CEO of Sonoro. “Our technical team, headed by noted geologist Mel Herdrick, is now focusing on expanding the Corex resource and exploring the many other structural zones with gold mineralization demonstrated throughout much of the concession area.”

Oceanus Provides Update on El Tigre Project

“The discovery of the extension of the El Tigre formation to the southeast represents an exciting new chapter in Oceanus systematic efforts to identify new gold and silver mineralization at El Tigre” stated Glenn Jessome, Oceanus President and CEO. “Furthermore, the acquisition of the historical underground sampling results confirms the high tenure of the mineralization in the old workings and instills further confidence in the potential of the unmined Protectora, Caleigh and Fundadora areas where our drilling intersected similar bonanza grade mineralization. We are only starting to unlock the value that exists in this 35-kilometre land package which we believe is a district style project in a mining friendly jurisdiction.” continued Mr. Jessome.

Riverside Resources Significantly Expands Cecilia Project Area

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside has worked hard to consolidate and expand the Cecilia land position, as we did not want to push ahead with drilling until the great property package was tied up. This is a very significant step for us and the Project. Cecilia is a large, high-quality project and now with this key acquisition we lock up at least four new target areas adding significant value to the Cecilia project.”

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