Kootenay Silver Inc. is pleased to announce that plans are underway for an anticipated 3,000 meter drill program on its emerging La Negra Silver prospect, situated 7 kilometres north of the Promontorio diatreme breccias, in Sonora, Mexico. The La Negra prospect is one of five identified discoveries within a 25km x15 km northwest trending corridor, termed the “Promontorio Mineral Belt.”
Tosca Mining Corp. has received final approval from the TSX Venture Exchange on May 01, 2014 for the first tranche of its previously announced non-brokered private placement. Terms of the financing are 6 cents per unit with each unit consisting of one common share and one share purchase warrant which is non-transferable. Each warrant is exercisable at a price of 8 cents per share for a period 12 months after closing and at a price of 10 cents for an additional period of 12 months thereafter.
Tarsis Resources Ltd. is pleased to announce that it has carried out further exploration at its Yago project, including sawn channel sampling of outcrop, mapping and rock and soil sampling. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment.
BACANORA MINERALS LTD. is pleased to provide an update of recently completed operational activities, ongoing exploration work and future plans for the Sonora Lithium Project in Mexico.
GOLDCORP INC. announced today that its Los Filos mine in Guerrero State, Mexico has resumed all operations following a negotiated settlement with the Carrizalillo Ejido for a new land occupancy agreement with a five-year term. Operations at Los Filos had been suspended since April 2, 2014.
SilverCrest Mines Inc. is pleased to announce a major milestone for the Company with the commissioning of the new 3,000 tpd CCD-MC processing plant now underway at its 100% owned Santa Elena Mine in Sonora, Mexico. The scheduled three year Expansion Plan to transition from an open pit heap leach operation to a conventional mill and underground mine is nearing completion. The US$99 million program including drilling, Pre-Feasibility Study, detailed engineering, new processing plant, and underground development is on budget (+/-5%) and has experienced only modest delays from the original schedule. Construction involved approximately 450 workers at its peak with a total of more than 1.5 million man-hours worked. Please click here www.silvercrestmines.tv/ to view the new ball mill in operation. For additional information and to view photos and videos of the mill, the processing plant and the mine site, please visit the Company’s website at www.silvercrestmines.com.
Baja Mining Corp. wishes to provide an update on the Boleo Project construction budget and schedule and the updated Boleo Project technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V.
Orex Minerals Inc. is pleased to announce completion of an airborne geophysical survey at its Los Crestones precious metal project, Sinaloa, Mexico. The 4,168 hectare helicopter-borne radiometric and magnetic survey was flown at 50m line spacing by MPX Geoservices Ltd. Data are being processed and results are expected in the coming weeks. In addition, Orex has signed a contract with Quantec Geoscience Ltd (“Quantec”) to undertake an 18 line-kilometre TITAN 24 DCIP (Direct Current resistivity and Induced Polarization chargeability) ground geophysical survey.
Cortez Gold Corp. is pleased to announce that Sarah Haney has joined the Company as Investor Relations Officer, to assist in the Company’s investor and shareholder relations program.
Red Tiger Mining Inc. announces that further to the new release of April 24, 2014, the Company applied to the Ontario Securities Commission, the principal regulator of the Company, for a management cease trade order, which the OSC issued on May 2nd. The MCTO imposes restrictions on trading in the Company’s securities by its Chief Executive Officer and Chief Financial Officer until the Company files the required filings, and the OSC makes an order revoking it. All other parties are permitted to freely trade the Company’s securities.
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