Tag: Exploration and Development

Cayden Resources Inc. is pleased to announce that it has received initial results from its preliminary metallurgical test programs at it’s El Barqueño project in Jalisco, Mexico where cyanide leach tests achieved up to 96.9% gold recoveries.

Mediante una mina a cielo abierto, la canadiense Almaden Minerals podría obtener ganancias por más de 335 millones de dólares anuales, al extraer de 130 mil onzas de oro (3.6 toneladas) y 7 millones 798 mil onzas de plata (221 toneladas) durante cada uno de los 14 años que calcula de vida útil de explotación del yacimiento “Ixtaca” ubicado en una porción de las 14 mil hectáreas de terreno de su proyecto “Tuligtic” en el municipio serrano de Ixtacamaxtitlán.

Sierra Metals Inc. is pleased to announce that development is proceeding in the thick Azucarera stockwork breccia at the Promontorio Mine of the Cusi Property. Access to Azucarera on Level 8 from the ramp is complete and development on Level 10A is complete with cross cuts. Development ore from both levels is being shipped to the Company’s Malpaso Mill.

Fortuna Silver Mines Inc. is pleased to announce additional results for step-out drilling of the Trinidad North discovery located contiguous with the San Jose Mine in Oaxaca, Mexico. Assay results are included for eight drill holes completed in March and April of 2014. The results continue to confirm the extension of the Trinidad North zone with high-grade silver-gold mineralization present over wide vein widths. The results reported herein lie within a 230 meter strike extension of the Trinidad system and generally outside of the limits of the existing Inferred Resources.

Azure Minerals Limited is pleased to announce that it has achieved a major milestone at its Promontorio Project by completing the acquisition of 100% of the Promontorio mineral concession, located in Chihuahua State, Mexico.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the completion of the surface trenching phase of the current exploration program at the San Pedro Mine in Michoacán, Mexico. Eight trenches to depths to 25 feet are completed, with samples submitted to the lab for assaying and broad spectrum analysis. Amarium has scheduled drilling to begin on the property by May 15th.

International Northair Mines Ltd. is pleased to announce encouraging results from the ongoing exploration program at its La Cigarra silver project, located in north central Mexico.

Cayden Resources Inc. is pleased to announce results for the first seven drill holes from the Peña de Oro target at the Company’s El Barqueño Gold Property in Jalisco State, Mexico.
 Drilling highlights include 27 meters of 4.46 g/t Au from surface in Hole 43 and 12 meters of 4.77 g/t Au in hole 47. All seven holes hit significant gold intercepts. Please see Figure 1 below or www.caydenresources.com for a drill location map.

Sierra Metals Inc. is pleased to announce that development of the Gallo Superior Magnetita orebody has started and mining will begin within two months, adding another mining area to its production. Gallo Superior Magnetita is included in the 43-101 compliant Pre-Feasibility Study authored by Gustavson Associates of Lakewood, Colorado and dated May 31, 2013. Development is along two fronts, Rebaje 398 and Banco 314.

Avino Silver & Gold Mines Ltd. is pleased to announce the following expansion update from its Avino Mine located on Avino property located 80km northeast of Durango, Mexico.