Sierra Metals Inc. is pleased to announce its 2012 annual and fourth quarter production results and to issue production guidance for 2013.
Noront Resources Ltd. announced today that its board of directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. The Board has appointed Paul Parisotto to act as interim President and Chief Executive Officer and has begun a search to identify a permanent President and Chief Executive Officer. Ted Bassett has been appointed lead director during the period of Mr. Parisotto’s appointment as interim President and Chief Executive Officer.
Mammoth Resources Corp. is pleased to report that it has received assay results from samples taken from its first two exploration campaigns by its geological team exploring the company’s Tenoriba Property, located in the prolific Sierra Madre precious metal belt in south western Chihuahua state, Mexico. The best result from this campaign assayed 23.6 grams per tonne (gpt) gold and 62.1 gpt silver, or 24.84 gpt gold equivalent (using a ratio of 50 gpt silver is equivalent to 1.0 gpt gold based on current gold and silver prices). This single highest gold assay was followed by 26 other samples that exceeded more than 2.0 gpt gold equivalent, 45 results that exceeded 1.0 gpt gold and 85 samples that were anomalous exceeding 0.3 gpt gold equivalent, of a total of 219 samples collected. Furthermore, many of these samples came from areas where mapping and sampling of similarly altered felsic volcanics and breccia with numerous locations of vuggy silica occurred as much as one kilometre to the northeast and to the southwest of the area of focused exploration and drilling by the previous optionor, Masuparia Gold Corporation (Masuparia), where Masuparia assayed up to 45 grams per tonne gold (please refer to press release dated July 3, 2012 for summary results of the Masuparia work).
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an outlook on 2013 exploration plans for the Platosa property, where the Company has been mining high-grade Ag, Pb and Zn massive sulphide mantos since the spring of 2005.
Prospero Silver Corp. is pleased to announce the results of 360 rock chip samples obtained from the Petate West and Petate East target zones of its 6,000 hectare El Petate project. The Apartadero target is part of the Petate West zone, measuring 1.3 km long and up to 200 meters wide and has shown the most anomalous gold geochemistry to date in jasperoid outcrops and float. Mapping of the Petate West zone shows northwest and east-west trending silicified zones associated with andesitic dikes with the same orientation. Mapping and sampling have to date identified the La Escoba, Apartadero and and Tecolotes silicified reefs. Other as yet unmapped reefs are anticipated west of the Apartadero reef and in the southern extension of the Petate West zone.
Astral Mining Corporation announces that the annual general and special meeting of the shareholders of Astral will be held on Thursday, January 31, 2013 at Suite 700, 595 Burrard Street, Vancouver, British Columbia at 10:00 a.m. (Vancouver time).
Several major accomplishments have bolstered a Vancouver junior mining company with operations in Mexico recently, in spite of persistent and tumultuous market conditions.
GoGold Resources Inc. is pleased to announce that it has received final approval from the Toronto Stock Exchange for the listing of 153,437,164 common shares of the Company, of which 128,288,331 Common Shares are issued and outstanding and 25,148,833 Common Shares are reserved for issuance on the exercise of outstanding warrants and options.
Catalyst Copper Corp. announces La Verde project’s NI 43-101 Technical Report; including a Preliminary Economic Assessment Study completed by AMC Mining Consultants Ltd. and effective September 2012 has been filed and can be viewed on SEDAR. The Technical Report is based in part on a preceding document entitled “Technical Report and Resource Estimate of the La Verde Copper Project, Mexico”, by Margaret Harder, M.Sc., P.Geo. and Michael F. O’Brien, M.Sc., PrSci. Nat., GSSA, FAusIMM, FSAAIMM, both Qualified Person, of Tetra Tech Inc., dated 19 September 2012.
Camino Minerals Corporation is pleased to announce significant drill results from the El Secreto Gold, Silver and Copper Project located in Sinaloa State, Mexico. Drilling confirmed the presence of gold and silver mineralization and suggests that high-grade stockwork zones and ore shoots may exist at depth.
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