Tag: Exploration and Development

Guerrero Ventures Inc. is pleased to provide results of the recently completed maiden diamond drill program at its Biricu Project in the Guerrero Gold Belt, Guerrero State, Mexico. Highlights of the drilling program include a drill intersection of 26.98 metres (m) grading 1.07 g/t gold and 0.29 g/t silver at the Punto Rojo target. The interval includes a zone of 6.85m grading 2.78 g/t gold and 0.92 g/t silver. Drilling at Punto Rojo has to date outlined an area with a minimum strike length of 700m and minimum depth extent of 600m of strongly hornfelsed and selectively skarn altered Mezcala sediments, intrusive units as well as a breccia unit. All units exhibit strong similarities in composition and alteration to productive units encountered in other exploration and mining operations in the prolific Guerrero Gold Belt.

Mexus Gold US gave an update on its flagship property and its plans for 2015. For the past several months, Mexus has been in discussions with multiple companies on the potential to joint venture the project. Unfortunately, the offers that were received fell short of what the company and shareholders would expect. These offers, if accepted, would have tied the property up for years while the partner company did exploratory drilling with an unknown timeline on production. In addition, the initial investment being asked by Mexus was not being met. Mexus will continue to be open to any joint venture possibilities that arise.

Northair Silver Corp. is pleased to announce that a third phase of metallurgical test work is scheduled to start in February on its La Cigarra silver project, located in Chihuahua State Mexico.

A la luz de vivencias como la de los pobladores de Carrizalillo, Guerrero; pero también del resultados de investigaciones científicas, más de un centenar de personas, incluido el alcalde Eleazar Hernández Arroyo y su cabildo, se reunieron en un salón del Palacio Municipal de la cabecera para analizar los efectos de la minería y continuar documentando las violaciones a los derechos humanos que se han producido en esta demarcación de la Sierra Norte del estado.

VENDOME RESOURCES CORP., a Toronto, Canada based minerals exploration company with key exploration assets in Guerrero State, Mexico and the Borden Lake Gold District, Ontario, Canada, announces that it has cancelled its agreement with Camsim Minas S.A. de C.V., of Mexico City, Mexico, which would have acquired 100% of the La Diana concession. The agreement was previously announced on September 22, 2014. All other agreements with Camsim remain in effect.

La nueva Ley Federal de Responsabilidad Ambiental, “rebasa la capacidad de las autoridades para entenderla y aplicarla”, expresó Rafael Cereceres Ronquillo, moderador del Foro de Responsabilidad Ambiental, Fortaleza o Debilidad, organizado por la Asociación de Ingenieros en Minas, Metalurgistas y Geólogos de México, Distrito Zacatecas.

Declarar al semidesierto zacatecano como zona protegida “es una amenaza para la actividad minera”, sentenció Demetrio Góngora Flemate, coordinador de la Región Centro Norte de la Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México (AIMMGM).

As a result of a review by the British Columbia Securities Commission, IMPACT Silver Corp.is issuing the following news release to clarify our disclosure with regard to the following issues:

It may be18 months behind schedule and $750 million over budget, but the Minera y Metalúrgica del Boleo copper mine in Mexico is finally producing copper.

Corex Gold Corp. is pleased to announce a corporate update on the company’s Santana property in Sonora State, Mexico. The first milestone was a first tranche private placement provided by H Morgan & Company. A second tranche will also be made as and when necessary by H Morgan & Company, as stated in the agreement, for a total of, $1,250,000 million. This first tranche will fund an exploration and development program, the second tranche is expected to fund start-up production.