Axiom Gold and Silver Corp. is pleased to announce it has entered into a letter of intent for the acquisition of the Morelos Project located in western Chihuahua State, Mexico.
VANCOUVER, BRITISH COLUMBIA, Jan 06, 2012 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Company”) (tsx venture:GEX)(pinksheets:GUEEF)(frankfurt:2GU) announces the common shares of the Company are now trading in the United States under the symbol GUEEF. Guerrero anticipates this will facilitate and grow the Company’s brand name throughout the United States and ultimately add more liquidity to the Company’s shares.
Having produced an estimated 1-1.2 billion oz of silver and 5-6 million oz of gold throughout its mining history, Mexicos Guanajuato Silver District is an enduring cornerstone in the precious metals market. With more than 400 years of activity, Guanajuatos legendary mines have come to represent the wealth of Mexicos rich deposits. During the regions silver mining peak in the 1700s, the famous La Valenciana mine put Mexico on the map, accounting for two-thirds of the worlds silver production at its height.
Goldex Resources Corporation is pleased to announce the signing of a drill contract with ‘Drift de Mexico S.A de C.V’ a subsidiary of ‘Forage Orbit Garant Drilling’ for an initial drill program of up to 4000m on the company’s El Arco project located in the Durango state of Mexico.
SilverCrest Mines Inc. is pleased to announce it has completed its initial resource estimation for its La Joya Property in Durango, Mexico. Inferred Resources within the Phase I area are estimated at 57.9 million tonnes grading 28 gpt silver, 0.18 gpt gold, and 0.21% Cu. Initial resources contain approximately 51.3 million ounces of silver, 333,400 ounces of gold (16.7 million ounce of Ag Eq.) and 270.3 million pounds of copper (33.9 million ounces Ag Eq.) for a total of 101.9 million ounces silver equivalent* (Ag Eq) using a cutoff grade of 15 gpt Ag Eq.
El Tigre Silver Corp. is pleased to review its 2011 exploration program and announce objectives of the 2012 exploration program at its El Tigre silver project, located on El Tigre’s 431 square kilometer concession ownership in Sonora, Mexico.
VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 01/05/12 — Silver Standard Resources Inc. (TSX: SSO)(NASDAQ: SSRI) (“Silver Standard” or the “Company”) today announced the appointment of Gregory J. Martin as Senior Vice-President and Chief Financial Officer of the Company, effective January 31, 2012.
Serengeti Resources Inc. has received results from a recently completed Induced Polarization survey on its Victoria project, located in the state of Chihuahua, Mexico. The survey has identified a strong, 50 to 200 meter wide, 2.2 kilometer long, open-ended, IP chargeability anomaly associated with outcropping gold-silver mineralization, grading up to 2.0 g/t Au, 5.6 g/t Ag over 22 meters.
Vancouver, British Columbia, January 4, 2012 – Fortunate Sun Mining Company (TSXV:FSM) begins trading on the TSX Venture Exchange, under the symbol FSM
Almaden Minerals Ltd. is pleased to report results from exploration programs, regional and project specific, carried out by the Company outside of our 100% owned Tuligtic project. In 2011 the Company was primarily focussed on an expanded drill program at the Ixtaca gold-silver zone of the Tuligtic project where 86 holes were drilled for a total of 31,016.64 meters. Despite the focus at Tuligtic the Company continues to prospect for new projects and has also been advancing other projects already in Almaden’s large property portfolio.
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