Southridge Enterprises Inc. is pleased to announce the initial assay results from Trench #7 at Los Compadres. The Company has been actively conducting a trenching and sampling program at their Los Compadres property at Santa Maria del Oro, in Nayarit, Mexico.
Bowmore Exploration Ltd. would like to inform its shareholders that the drill campaign at the “Chivas property” is well underway and that three holes have now been completed. The initial drill program experienced some delays due to technical difficulties encountered by the previous drilling contractor. Therefore a second drill company “Major Drilling Group International Inc.” was contracted to complete the campaign. Samples of the first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and results should be available in the following weeks.
Vancouver, May 17, 2012 – Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI | BVL: FVI | Frankfurt: F4S.F) is pleased to announce the launch of its new website at www.fortunasilver.com. The redesigned website offers quick and easy access to company information and new multi-media features including a corporate video and an improved investor’s center.
CM12-411: 314 g/t (9.2 opt) silver with 1.6 g/t gold, 7.6% lead and 14.0% zinc over 4.35 metres
CM12-405: 2,367 g/t (69 opt) silver with, 61.7% lead and 0.2% zinc over 1.71 metres
CM12-397: 157 g/t (4.6 opt) silver with 0.8 g/t gold, 4.7% lead and 10.6% zinc over 5.87 metres
CM12-399: 150 g/t (4.4 opt) silver with 2.2 g/t gold, 3.3% lead and 17.0% zinc over 3.36 metres
Jacinto Martinez is the labor secretary of Section 65 of the Mineros, Mexico’s union for miners and one of the oldest unions in the country. His union has been on strike for five years at the huge Cananea mine, one of the longest strikes in the history of North America. Critical support for this strike has come from the United Steelworkers, and both unions have announced their desire to merge to form a single organization.
U.S. Antimony Corporation announced today that its shares will begin trading on the NYSE MKT on 21 May 2012, ticker symbol “UAMY”. Mr. John Lawrence, CEO, commented, “We are very pleased with this development as we expect a wider audience for our stock; tighter spreads between the bid and asked prices; and improved liquidity. Our Designated Market Maker, J. Streicher & Co., LLC, has unmatched experience in trading mining shares since 1911.”
El Tigre Silver Corp. is pleased to provide a progress report along with the first assays from the ongoing Gold Hill core drilling program at its 100% owned El Tigre silver project in Sonora, Mexico.
Baja Mining Corp. today announced its financial results for the three months ended March 31, 2012 have been filed.
Cayden Resources Inc. is pleased to announce that it has now received over 1,200 assays from its La Magnetita and La Joya soil program (see website for map) which indicate an extensive gold anomalous area that is up to 5 km in an EW direction by 2 km in a NS direction. the soil anomaly strongly suggests that the La Magnetita and La Joya targets are part of the same very large hydrothermal system. Cayden is currently planning a drill program in the western portion of the La Magnetita anomaly where the most extensive surface work has been completed. There are presently over 2,000 meters of trench samples in the assay lab and the Company is creating a detailed geologic map from outcrop and trench exposures that it will use to refine drill targets. The Company anticipates drilling a minimum of 6,000 meters by reverse circulation once all the trench assays have been received.
Goldgroup Mining Inc. announces that the technical report on the updated mineral resource estimate on the Cerro Colorado gold mine titled “NI 43-101 Technical Report, Cerro Colorado Gold Mine, Sonora, Mexico” effective February 29, 2012 and dated May 14, 2012, has been filed on the Company’s website and on SEDAR in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects requirements.
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