132 g/t (3.8 oz/T) Silver; 3.1% Lead, 1.7% Zinc over 55 metres Including 264 g/t (7.7 oz/T) Silver; 10.4% Lead, 7.5% Zinc over 3.2 metres.
Almaden Minerals Ltd. is pleased to announce further results from the on-going four drill exploration program on the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-135 and 151 through 158.
United States Antimony Corporation accelerates its exploration/development plan at the Los Juarez antimony/silver/gold property in Mexico while sharply increasing its milling and smelting capacity.
Santa Fe Gold Corporation today announced that it is offering up to 12,500,000 units for sale to existing stockholders, with each unit consisting of one share of common stock and a warrant to purchase an additional share of common stock. Each unit will be offered for sale at a price of $0.40. Each warrant has an exercise price of $0.60 per share of common stock, and is exercisable for a period of three years commencing immediately. The shares of common stock and the warrants will be issued separately but will be purchased together in the offering.
SilverCrest Mines Inc. is pleased to announce an update on activities for the Santa Elena Mine Expansion Plan and the ongoing Phase II La Joya drill program in Mexico. The Santa Elena Mine expansion remains on schedule, targeting a 100% increase in metal production commencing in 2014. Resource definition drilling and extensive metallurgical test work continues at La Joya with an anticipated Q4, 2012 resource update. The most significant activities are outlined below. For more information and to view photos and videos, please visit the Companys website at www.silvercrestmines.com.
Silver Bull Resources, Inc. is pleased to announce further to its news release dated May 22, 2012, it has filed its updated NI43-101 Technical Report titled “Technical Report on the Sierra Mojada Silver Project, Coahuila State, Mexico” dated July 5, 2012 on SEDAR at www.sedar.com. The Technical Report completed by SRK Consulting Inc. contains an updated resource estimate which represents a 39% increase in the open pittable silver resource of the Shallow Silver Zone at a 15 g/t cut-off, previously reported by Silver Bull in the NI43-101 Technical Report released in November 2011. The updated resource also represents a 52% increase in the number of silver ounces of the Shallow Silver Zone that now report in the “measured and indicated” category.
Silver Scott Mines, Inc. is pleased to announce the receipt of mining and processing permit approval from Semarnat (“Secretaria de Medio Ambiente y Recursos Naturales”), the Mexican Federal environmental agency, and the associated granted Change of Use of Soil zoning for mining within 20 hectares. Payment for change of Soil Use zoning for the site changing from agriculture to mining was made in connection with the mining permit.
Baja Mining Corp’s largest shareholder, Mount Kellett Capital Management LP, said it will not provide debt or equity financing for the Canadian miner’s Boleo copper-cobalt-zinc project in Mexico.
Gryphon Gold Corporation, a gold exploration, development and production company focused on its Borealis Oxide Heap Leach Project in Nevada regretfully announced today the death of Donald W. Gentry, a member of its Board of Directors, on Monday, July 2, 2012. Dr. Gentry, 69, had served as a director of the Company since 2005.
North American labour and civil society groups will be watching closely today to see if Canadian mining company Excellon Resources allows workers at its silver mine in Mexico to have a free and democratic vote to join a union.
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