Tag: Exploration and Development

Con una inversión de 26 millones de pesos, los trabajos fueron desarrollados durante ocho días con el objetivo de garantizar la plena disponibilidad de los equipos y sistemas para la próxima campaña operativa

Kootenay Silver Inc. is pleased to announce it has completed a strategic hand trenching and chip sampling program on its emerging La Negra, Breccia diatreme silver prospect, located approximately 7 kilometers north of its flagship Promontorio Silver Resource in Sonora, Mexico.

Alamos Gold Inc. reported that it has reached an agreement to acquire the surface rights for the Cerro Pelon and La Yaqui satellite deposits at its Mulatos mine allowing for the start of permitting and development activities. Closing of the agreement is subject to completion of due diligence and other customary closing conditions and is scheduled for the end of June 2014.

Gold Resource Corporation announces continued Arista deposit high-grade drill intercepts including 2.68 meters of 11.72 grams per tonne gold and 748 grams per tonne silver. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $97 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Bonanza Grade Silver Zone
Indicated Resources: 8.3 million tonnes containing 160 million ounces of silver
(MAG’s 44% share is 71 million ounces) grading 601 g/t silver
Inferred Resources: 2.4 million tonnes containing 48 million ounces of silver
(MAG’s 44% share is 21 million ounces) grading 626 g/t silver

Metallurgical Tests of Material From the San Francisco Deposit Recover Up to 94% of the Gold From 1/4 Inch Crush Size

Geologix Explorations Inc. is pleased to announce the sale of the Company’s Nuestra Senora del Carmen II Property to Argonaut Gold Inc. Geologix has also executed an assignment to sell Argonaut its Consejo 1 Property. Both properties are located in Mexico. In exchange for these two properties, Argonaut will provide Geologix with total compensation of $600,000 USD.

BACANORA MINERALS LTD. announced today that Rare Earth Minerals, Plc has provided written notice of the exercise its second stage option in respect of Joint Venture #2, confirming its desire to increase its ownership therein from 10% to 30%.

SOURCE EXPLORATION CORP. is pleased to report step-out drilling at the Santa Cruz target of its Las Minas project continues to intersect wide zones of gold-silver and copper skarn mineralization including 1.44 g/t Gold Equivalent (Au Eq) over 45.0 metres in hole LM-14-SC-04. A high-grade interval grading 11.96 g/t over 2.0 metres was intersected in the upper portion of the drill hole. Drilling at Las Minas is scheduled to resume in the first week of June. Current activities at the site include construction of drill roads and pads, with planned detailed surface mapping and sampling for target generation.

Soltoro Ltd. has been conducting trenching northwest of the El Rayo gold zone which has extended mineralization by approximately 70 metres along strike at surface. This represents approximately a 10% increase in the strike length of known mineralization in the El Rayo gold zone.