Tag: Exploration and Development

Silver Spruce Resources Inc. wishes to announce that, as contemplated in its news releases dated June 18, 2015 and based on the results of its maiden NI 43-101 exploration report, the Company has finalized a Purchase Agreement for the Pino de Plata epithermal silver/base metal/gold property located in the Sierra Madre Occidental gold/silver belt in western Chihuahua state, Mexico. The NI 43-101 report was filed on SEDAR and summarized in a news release dated August 12, 2015.

Northair Silver Corp. is pleased to announce positive sampling results at the Nogalera Zone on its flagship La Cigarra silver project located in Chihuahua State, Mexico. Nogalera is one of many zones identified within the Project that is proximal to the current NI 43-101 resource and has the potential to yield new additional resources. Subsequent to achieving several positive outcomes from its on-going exploration programs over the past year, the Company continues to be excited about the exploration upside at La Cigarra and will commence a follow-up sampling program to target further silver-bearing zones.

Orex Minerals Inc. is pleased to announce that early surface work on the Sandra Escobar Silver Project in Durango, Mexico, has confirmed highly anomalous silver mineralization related to a rhyolite dome complex in the southeast sector. Sandra Escobar Project is a joint venture with Canasil Resources Inc.

Los comunitarios que no se “alinean” con esas organizaciones en el pago de “cuotas” son ejecutados o secuestrados, de acuerdo con las indagatorias.

Esta tarde sesionó el Comité de Desarrollo Regional para las Zonas Mineras del estado de Guerrero, encabezado por la titular de la Secretaría de Desarrollo Agrario, Territorial y Urbano (SEDATU), Rosario Robles Berlanga, en el Fórum de Mundo Imperial de esta ciudad.

ALIX RESOURCES CORP. announces an initial-phase work program on its newly acquired “Electra” Project located in Sonora, Mexico, set to commence in the coming weeks. Alix’s Electra Project consists of two large exploration concession applications covering 22,625 hectares adjoining Bacanora Minerals Ltd. and Rare Earths Minerals PLC ‘s Sonora Lithium Project.

Minaurum Gold Inc. is pleased to announce that it has agreed to loan Guerrero Ventures Inc. CDN$770,000 to explore the Biricu Project located in the Guerrero Gold Belt, Mexico. The exploration work will be conducted by Minaurum, as contractor to Guerrero. Drilling services and certain other work will be conducted by third party contractors.

Key Points:

• RC drilling has started at Mesa de Plata

• Drill program has been designed to enable mineral resource estimation

• Diamond core drilling program at Mesa de Plata nearing completion

Timmins Gold Corp. is pleased to announce that it has closed the acquisition from a Mexican subsidiary of Goldcorp Inc. of the complete process plant and select auxiliary equipment used in the operation of Goldcorp’s El Sauzal Mine in Chihuahua, Mexico. The El Sauzal Mine was operational until December 2014 when it began its closure. The Plant has been be acquired by Timmins Gold for future use at its recently acquired Ana Paula project in Guerrero, Mexico.

CEO John Lawrence said that “The Company is rapidly increasing the production of zeolite to take advantage of the growing market, increasing the antimony production to lower costs, and getting the Los Juarez gold and silver on line to generate more revenue and prevent dilution of the shareholder equity. All capital is being generated internally.”