Paramount Gold and Silver has reported that it has validated the mineralization continuity along the Guazapares Megastructure, through the results obtained from four new near-surface holes drilled at its San Miguel Project, Mexico.

International Northair Mines Ltd. is pleased to announce that it has reached an agreement to purchase the surface rights to approximately 1,098 hectares adjoining the La Cigarra Project, located in the north central Mexico.

Riverside Resources Inc. reports that the option agreement whereby Mexigold Corp. could earn an interest in the Catrina, Pedernal and Escondida projects is being terminated and Riverside will retain 100% interest in the projects. Riverside is pleased to move ahead with the Durango Properties, while Mexigold has elected to pursue other business opportunities during these difficult market conditions. Two of the properties, Catrina and Pedernal, have been drilled with an aggregate $1.83 million in exploration funding from Mexigold, which builds upon the earlier exploration investment made by Kinross and Riverside.

Para la exploración y barrenamiento que realiza la empresa Minera Frisco SA de CV, en Tetela de Ocampo, no es necesario que cuente con el manifiesto de impacto ambiental, ya que la actividad se encuentra bajo la Norma Oficial Mexicana NOM-120-SEMARNAT-2011.

Paramount Gold and Silver Corp. reported today that results from four new shallow core holes on its 100%-owned San Miguel Project in Mexico confirm the continuity of mineralization along the 7.5 km. long Guazapares Megastructure. These holes were drilled into the 1.2 km untested gap separating the San Antonio and La Veronica deposits. (See maps below) The results demonstrate that San Miguel’s Guazapares is one of the longest continuously mineralized structures in the Sierra Madre Metallogenic Belt.