The company has hired Gerado Tarin Zapata as its Senior Geologist. Mr. Zapata has over 20 years of experience including 6 years at the Dolores project, which included exploration of the epithermal – hydrothermal ore deposit resulting from the Sierra Madre volcanics.
Newstrike Capital Inc. is pleased to announce that it has closed its previously announced C$24.8 million bought deal private placement of common shares. Newstrike issued a total of 8,000,000 common shares at a price of C$3.10 per common share raising gross proceeds of C$24.8 million. The private placement financing was placed by a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Scotia Capital Inc., Euro Pacific Canada Inc., Desjardins Securities Inc., Macquarie Capital Markets Canada Ltd. and Raymond James Ltd.
Southern Silver Exploration Corp. reported today that recently received assays from 2012 drilling have identified silver-enriched high-grade polymetallic mineralization in several separate target areas on the Cerro Las Minitas project, located in Durango State, Mexico.
SilverCrest Mines Inc. is pleased to announce the results of the first six holes of 18 Phase II core holes (approx. 8,000 metres) completed to date at its La Joya Property in Durango, Mexico. Phase II contemplates a total of 80 holes (approx. 15,000 metres) and drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest from the current resource area.
Serengeti Resources Inc. is pleased to announce that its Mexican subsidiary Cia. Minera FB Integral SA de CV, has begun a drilling program that will test high priority gold-silver targets on three properties located in Southern Chihuahua State, Mexico. A total of 3000 to 4000 meters of reverse circulation (RC) drilling will be completed in approximately 25 holes. Drilling has been initiated at the Victoria property where a large scale sediment-hosted gold target has been identified. The drill will then proceed to the Cuates property where a number of locally high grade gold-silver veins and structures have been identified and finally move to the Dorado property, where one to two holes will test a large scale geochemical response.
Hace casi dos años, la minera canadiense Goldgroup vendió al Grupo Carso Frisco un proyecto de extracción de oro en la región conocida como El Porvenir en Aguascalientes. El grupo canadiense aseguró que los 25 millones de dólares de aquella operación con Carlos Slim se utilizarían para fortalecer otro proyecto en Veracruz, también de extracción de oro.
Cangold Limited is pleased to announce that it has commenced a metallurgical testing program for the Ixhuatan Gold-Silver Project in Chiapas, Mexico. Cangold is earning a 75% interest in the Ixhuatan project through its own wholly-owned Mexican subsidiary, Coboro Minerales de Mexico, S.A. de C.V.
Endeavour Silver Corp. announced today record earnings, cash-flows and revenues for the year ended December 31, 2011, thanks to the Company’s seventh consecutive year of growing silver and gold production, lower cash operating costs and higher precious metal prices.
Argonaut Exploration Inc., a junior mineral exploration company focused on the exploration and development of its British Columbia mineral properties is pleased to announce the appointment of director Oleh Wowkodaw, B.Sc. Geological Engineering, M.B.A., P. Geol. as Chief Financial Officer and Chief Operating Officer of the Company effective March 15th, 2012. Mr. Wowkodaw replaces Dale Hansen who has held the Chief Financial Officer position since December 9th, 2010. Argonaut wishes to thank Mr. Hansen for his financial administrative services to the Company.
Gold Resource Corp. (AMEX:GORO) announced Monday it has hired Brad Blacketor as chief financial officer.
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