Kootenay announces five drill holes completed on Promontorio’s silver mineralized La Negra Diatreme prospect

Kootenay Silver Inc. is pleased to announce the first 5 HQ diameter core holes of its Phase I drill program on its La Negra Diatreme Breccia prospect have been completed and are being submitted for assaying. The La Negra Diatreme Breccia prospect is contained within the ‘Promontorio Mineral Belt’ approx. 6.5 kms north of Kootenay’s flagship Promontorio Silver Resource inSonora, Mexico.

Guerrero Ventures Announces Drill Program

Guerrero Ventures Inc. is pleased to provide an update on ongoing exploration and operations related to the impending maiden drill program at its Biricu Project in the Guerrero Gold Belt, Guerrero State, Mexico.

Grupo México, detrás de una crisis / II

Cuando Germán Larrea dejó al gobierno del presidente Peña Nieto la advertencia de que se verían en los tribunales, su abogado era Fernando Gómez Mont, y llegó a Los Pinos su versión de que le habían pedido 200 millones de dólares para resolver el conflicto, dinero que, dijo, sería utilizado para las campañas políticas, se endureció la postura oficial.

Mammoth Submits Application for Drill Permit at its Tenoriba Property, Mexico and Closes First Tranche of Private Placement Financing

Mammoth Resources Corp. is pleased to announce that it has submitted its permit application to drill its Tenoriba precious metal property located in southwestern Chihuahua state, Mexico (click here for a detailed location map). The application is for permission to drill up to 20 drill holes under an “Informe Preventivo” or “Aviso de Inicio de Actividades de Proyectos de Exploracion Minera Directa” (NOM-120-ECOL-1997) and was submitted to the SEMARNAT (Secretariaria de Medio Ambiente y Recursos Naturales) office in Chihuahua, Mexico. It may require up to 30 business days to review and receive comments, or approve the company’s application. Once the company has received approval and subject to financing, it intends to initiate access road and drill pad construction and repair as a preliminary step to drilling. Quotes have been received from seven drill contractors on 11 different drill rig (reverse circulation or core) services with all-in estimated costs (drilling, sample analysis, travel, accommodations and labour) as low as US $320,000.

Santacruz Silver Announces US$28.4M Silver Prepay Agreement

Santacruz Silver Mining Ltd. is pleased to announce that it has entered into a US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. In addition to US$ 28.4 million that will be paid to the Company up front upon satisfaction of certain conditions, at the time of each delivery the Company will receive an amount per ounce of silver equal to the market price at the time, less a fixed discount. It is anticipated that the upfront payment will be advanced within the next two weeks. Under the agreement, the Company maintains the upside on the silver price.

Mine spill devastates Mexican farmers

Liseth Mendez and Judas Barrios milk two cows covered in a cloud of tiny persistent flies as the sun taints in red the surrounding mountains near a ranch less than a kilometre from the Sonora River.

Grupo México: detrás de una crisis

Cuando el pasado 6 de agosto sobrevino el derrame de 40 mil metros cúbicos de sulfato de cobre acidulado en los ríos Sonora y Bacanuchi, iniciaba una de las vencidas más fuertes del presidente Enrique Peña Nieto con el dueño de una de las dos fuerzas económicas más poderosas del país, Germán Larrea, de Grupo México.

Oceanus Drills 10.5 Meters of 7.4 gpt Gold at Santo Nino in Mexico

Oceanus Resources Corporation is pleased to announce assay results from the recently completed drilling program at the La Lajita property in Durango, Mexico. The program consisted of twenty-one holes totaling 3,002.5 meters of PQ triple tube core (PQ3) diamond drill core at the Santo Nino and Dos Hermanos Prospects.

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