Tag: Exploration and Development

Amarium Updates San Pedro Exploration, Expands Drill Program

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., releases an update to the San Pedro Exploration program. With 6 holes completed of a planned 20, the Company has decided to expand the program by an additional 10 holes that will allow for more extensive coverage of specific areas of interest. Drilling at San Pedro has been concentrated along the Southern region of the property, where previous trenching activity indicated significant mineralization.

Cortez Provides Altiplano Construction Update

Cortez Gold Corp. is pleased to report on the progress of construction at 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.

Galore Announces Options to Acquire Additional Property in Proximity to its Dos Santos Property in Zacatecas State, Mexico, Renewal of its Non-Brokered Private Placement

Galore Resources Inc. is pleased to announce it has signed an Option Agreement to acquire the 5,603 hectare San Onesimo property, located south of the Dos Santos property in northern Zacatecas State, Mexico. Previous work on the San Onesimo property confirmed that the favourable host rocks the Company is exploring on Dos Santos, underlie the San Onesimo property. This is an early stage, underexplored property and a suitable target for applying Galore’s exploration model developed at Dos Santos.

Amarium Announces Mineral Asset Acquisition Program

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the initiation of a Copper Mineral Asset Acquisition Program. Adam Carter, the President & CEO stated that Amarium’s net-earnings over the previous 12 months have significantly exceeded projections, therefore generating cash reserves for reinvestment. Due to the capital surplus and the ongoing relationship with Anglo-Asia Resource Partners’ demand to purchase additional copper, the Company is instituting the MAAP to increase value for shareholders.

Morro Bay Resources Announces the Discovery of a New Mineralized Zone, Including 388.4 G/T Silver Over 22.7 Metres, at the Penoles Project

Morro Bay Resources Ltd. is pleased to announce the completion of the recent drilling campaign on the Penoles Project which is owned by Riverside Resources Inc. From February to May, 2014 Morro Bay completed twenty three HQ sized core holes on the property, for a total of 2,143 meters. The majority of the drilling was focused in and around the Jesus Maria mine workings stepping out from the previous exploration drilling that had been conducted in the area.

El Tigre Silver Advances Sampling Beyond Resource Area and Reports 2.0 Metres of 702 g/t Ag (35 oz/t Ag)

El Tigre Silver Corp. is pleased to announce additional strong assay results of a recently completed extensive underground and surface sampling exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the historic mine levels 3.5 and 4 in the Espuelas Canyon area (Figure 1) that include 2.0 metres of 702 g/t Ag. A total of 173 underground and 393 surface samples were collected as channel samples from outcrops, as well as 25 stream samples and 27 regional samples from the main El Tigre Vein district.

Fallece minero en Morelos

Un minero falleció este jueves tras el desprendimiento de una roca mientras laboraba en la unidad de Cozamin, en Hacienda Nueva, Morelos, donde opera la empresa canadiense Capstone.

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