Excellon Resources Inc. (“Excellon” or “the Company”), Mexico’s highest grade silver producer, is pleased to report January production results from its La Platosa silver, lead and zinc mining operations in Durango Mexico. The Company is also pleased to announce updates on Operations, Mexican and Canadian exploration and to provide a general corporate update.
Aurcana Corporation (AUN.V) is up 5 cents at 89 cents and has touched a day high 90 cents, compared to a year high $1.10 with nearly 3 million shares traded although there is no apparent fresh stocks specific news around.
Cream Minerals Ltd. is pleased to announce a new discovery at Nuevo Milenio. Drill hole VT 07-11, an exploration drill hole, oriented NE from the higher grade Veta Tomas vein, intercepted three previously unknown quartz zones with the widest being 4.46 metres. These quartz veins are within a broader intercept of approximately 72 metres.
Golden Goliath is pleased to report that preparatory work is underway for exploration programs to be conducted on two of the Company’s properties, in addition to the ongoing exploration program on Nopalera. All properties are 100% owned by the Company.
Wealth Minerals Ltd. is pleased to report, the acquisition of an option to acquire the Valsequillo Silver project, southern Chihuahua state, Mexico. The property is located approximately 40 kilometres southeast of the city of Hidalgo Del Parral within the pre-eminent Altiplano Polymetallic Belt of north-central Mexico. Initial reconnaissance work has identified two significant northwest trending structural corridors characterized by extensive artisanal workings, en echelon and segmented precious and base metal bearing vuggy quartz-sulphide (pyrite, galena, sphalerite and chalcopyrite) veins and a broad colour anomaly (gossan). The mineral-alteration system(s) identified to date remain open for expansion in all directions.
Bell Copper Corporation is pleased to announce a brokered private placement by D&D Securities Inc. to raise up to $2,000,000 on a best efforts basis. Pursuant to the Financing, the Company will offer for sale through the Agent up to 25 million units at a price of $0.08 per Unit, with each Unit consisting of one common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.12 for a period of 18 months from the closing date of the Financing.
ALBUQUERQUE, N.M., Feb 09, 2012 (BUSINESS WIRE) — Santa Fe Gold Corporation is pleased to announce the financial results for its 2012 fiscal first half ending December 31, 2011.
First Point Minerals Corp. is pleased to announce that it has received conditional approval for its common shares to be listed on the Toronto Stock Exchange subject to customary deliverables. First Point’s common shares will commence trading on the TSX, once final approval is received, under the symbol “FPX”.
ista Gold Corp. is pleased to announce that it has entered into an Earn-in Right Agreement with Mexico-based Invecture Group, S.A. de C.V. with respect to Vista’s Concordia gold project in Baja California Sur, Mexico. Invecture is the owner of Frontera Copper Corporation, which owns and operates the Piedras Verdes Copper Mine in the Mexican State of Sonora. A conference call with management to discuss this transaction is scheduled for Monday, February 13, 2012 at 11:00 a.m. MST.
Corex Gold Corp. is pleased to announce a non-brokered private placement of up to 8,333,333 units at a price of $0.18 per unit, for aggregate gross proceeds of up to CDN $1,500,000. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will be exercisable by the holder to acquire one additional common share at a price of $0.30 for 24 months from Closing. The Warrants are subject to an accelerated expiry which comes into effect once the shares trade above a weighted average price of $0.50 for any twenty consecutive trading-day period, subsequent to four months from Closing. In the event of an accelerated expiry, the expiry date will be the earlier of the regular 24 month expiry date and 30 days from the date the Company advises the placees of the accelerated expiry.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
