Tag: Exploration and Development

San Marco Resources Inc. has signed a two year option agreement with Argonaut Gold Inc. of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a one percent NSR royalty on any future production.

Northair Silver Corp. is pleased to announce that the 2014 drilling program at its flagship La Cigarra silver project located in Chihuahua, Mexico has been completed and all results are compiled and under review. The Program consisted of seventeen core holes totaling 4,860 metres. Drilling was distributed over several property wide targets with most work directed at in-filling and expanding the known San Gregorio and Las Carolinas resource area. Subsequent to the Program, Northair currently has a cash balance position of just under C$5.0 million.

Cortez Gold Corp.is pleased to report it has completed construction of its gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver S.A. de C.V.

Paramount Gold and Silver Corp. today announced results from three additional core holes drilled at the high grade Don Ese deposit, located on its 100%-owned San Miguel Project in northern Mexico. Exceptional grades and widths from these infill holes are likely to upgrade resources to the measured and indicated categories and potentially increase the resource size and grade.

Orex Minerals Inc. – A drill rig and crew are now at the Los Crestones Gold-Silver-Copper Project in Sinaloa, Mexico, and have commenced drilling as of December 07, 2014. This is for a 5,000 metres diamond drilling program.

Orex Minerals Inc. has received from their project partner Fresnillo PLC the third instalment of drilling results from the Phase-III diamond drill program on the Coneto Gold-Silver Project in Durango, Mexico.

Scorpio Mining Corporation today announced completion of a purchase option agreement for the Cosalá 2 Concession in the Cosalá District of the State of Sinaloa, Mexico.

Kootenay Silver Inc. is pleased to announce results on the final 2 drill holes from its inaugural Phase I drill program on its new La Negra Breccia Silver Discovery, situated approximately 6.5 kilometers north of Kootenay’s flagship Promontorio Silver Resource in Sonora, Mexico.

Azure Minerals Limited is pleased to announce that the Company and Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group, have executed the legal documentation covering the Promontorio Earn-In and Joint Venture.

A casi un mes de que acabe el año, el caso de Grupo México sigue causando incertidumbre en los ribereños pues el supuesto “levantamiento de la emergencia” no concuerda con la inconformidad de la ciudadanía…