Tag: Exploration and Development

Garibaldi Resources Corp. is pleased to report further expansion of near-surface mineralization similar to high-grade silicified rock discovered at the Silver Eagle target, part of its Rodadero Silver-Gold Project in Sonora State, Mexico. Phase 2 drilling continues at Silver Eagle in addition to extensive mapping and sampling along trend immediately north and south of the discovery zone and throughout the multiple target project area. Rodadero North stretches 10 km north-south and nearly 5 km east-west.

El presidente municipal, Alejandro López Caballero detalló que en total son más de 600 familias que recibirán un cheque de remediación del daño

Riverside Resources Inc.is pleased to announce drill results from the San Rafael historic mine area at the Peñoles Project in Durango, Mexico. This most recent round of drilling focused on stepping out beyond the already known gold body at El Capitan and high-grade silver vein system at Jesus Maria, with the first five drill holes now completed 2 kilometres to the east at San Rafael. Drill result intervals included (DDH-14-01) 3.08 metres of 1.19 g/t gold and 79.2 g/t silver, and (DDH-14-05) 8.90 metres of 0.63 g/t gold and 101 g/t silver. The drilling intersected key mineralized structural veins and starts to confirm strike and depth continuity of gold and silver mineralization in multiple structural zones and warrants a further follow up drilling and exploration program. This initial work phase was designed to confirm the presence of mineralized veins and structures at the San Rafael mine area, and was successful within 5-10m of the estimated location.

International Northair Mines Ltd. is pleased to announce that exploration at its La Cigarra silver project, located in the Parral silver district of Chihuahua State, Mexico, has identified a potentially significant silver and gold occurrence known as La Colorada.

Evrim Resources Corp. has been advised by SilverCrest Mines Inc. that drilling has started on the Ermitaño Property in Sonora, Mexico. The drill program will include six drill holes in the Durazno target totalling an estimated 1,800 metres.

Evrim Resources Corp. has been advised by its partner, First Quantum Minerals Inc., that it is relinquishing its option to earn up to a 60% interest in the Cumobabi project in Sonora, Mexico.

Solo tres de los siete alcaldes de los municipios afectados por el derrame de la mina han firmado de conformidad por las accones implementadas para limpiar los ríos Bacanuchi y Sonora.

First deliveries mill feed to the Aldama plant expected shortly.
Cyprium to purchase mill feed, process and sell concentrates.
Use of the Aldama plant by Cyprium to also serve as optimization of plant operations ahead of production from Las Cristinas.

Paramount Gold and Silver Corp. on the first drill hole of the exploration program recently initiated on its 100%-owned San Miguel Project in northern Mexico has discovered a new high grade precious metals structure called Dana. The new discovery runs about 500 meters west of the Don Ese structure and parallel to it, and has a strike length potential on Paramount ground of about one kilometer. Don Ese is the highest grade and most valuable gold/silver deposit at San Miguel.

Kootenay Silver Inc. is pleased to announce all seven holes of its Phase I drill program on its La Negra Diatreme Breccia prospect have returned significant grades of widespread silver mineralization extending from surface to depth, confirming a substantial new silver discovery.