Tag: Exploration and Development

Scorpio Mining Receives Final Permit to Proceed with Development of the Underground El Cajón Mine in Mexico

Scorpio Mining Corporation is pleased to announce that the Secretariat of Environment and Natural Resources (SEMARNAT) for the State of Sinaloa, Mexico, has approved the application for the Change of Use of Soil submitted by its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., pertaining to the development of underground mining operations at the El Cajón Project, located in the Cosalá Norte District.

Almaden Infill Drilling on Main Zone, Hits 43.50 Meters of 3.16 G/T Au, 235.4 G/T Ag (7.9 G/T Aueq) at Ixtaca, Mexico

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Peñoles galardona a su “Proveedor del Año”

La empresa ganadora fue Servicios Industriales Fafaci, que ofrece pailería estructural a Met-Mex desde hace 7 años. Y 30 compañías recibieron el distintivo de “Proveedores Confiables”.

Vale Drills 49 m of 1.50% Cu, 0.37 g/t Au and 97.49 g/t Ag on First Drill Hole of Corex’s Santana Project

Corex Gold Corp. is pleased to announce results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a wholly-owned subsidiary of Vale S.A.. This first hole of a 4000 m first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the Company’s Santana Property, Sonora, Mexico. Hole SNT-DH0001 from 173 m to 222 m intersected mineralization averaging 1.50% Cu, 0.37 g/t Au and 97.49 g/t Ag.

Kootenay drilling returns multiple hits on central zone

Kootenay Silver Inc. is pleased to announce assay results from a further fifteen drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. The Company reports drilling continues to encounter high-grade results within a newly identified breccia zone situated between the Pit and NE Zones (See June 4, 2013 news release). A further 5,500 meters of drilling have been completed, which concludes the current 5,000 meter drill phase, bringing the total drilled since November 2012 to 21,500 meters.

Capstone Mining Corp. to Proceed with 2014 Cumbral-San Bartolo Exploration

Westminster Resources Ltd. is pleased to report that it has been advised by Capstone Mining Corp. that they will be continuing exploration, as operator, on the Cumbral-San Bartolo project, during 2014, in accordance with the terms of the existing option agreement. Permitting and planning for exploration, which will focus on diamond drilling, is in progress.

MAG Silver Mobilizes Drill and Starts 3,000 Meter Drill Program At Canasil’s Salamandra Silver-Copper-Lead-Zinc Project in Durango, Mexico

Canasil Resources Inc. announces that MAG Silver Corp. has started the Phase 1 drill program at Canasil’s Salamandra silver-copper-lead-zinc project in Durango State, Mexico. The planned program includes a minimum of 3,000 meters of diamond drilling as part of the CAD$ 1,000,000 first year exploration expenditures required by May 2014 under an option agreement for MAG to earn up to a 70% interest in the Salamandra project.

Sierra Iron Ore provides a corporate update on the Mazomique property

Sierra Iron Ore Corporation is pleased to announce that it has made significant advancements to support the Company’s plan for an exploration/development field work program on the the Mazomique iron ore property. The Mazomique property is the Company’s 2(nd) prospective optioned iron ore property that is expected to be in development. The Company’s El Creston property recently received final permit approval to start major construction.

La Patilla Channel Sampling Returns Strong Gold Values Garibaldi To Commence Immediate Drill Program At La Patilla

Garibaldi Resources Corp. is pleased to report that exploration carried out by the Company has returned strong gold values from channel sampling at its recently acquired La Patilla Property, and a drill program is ready to begin. These results include separate sample intervals grading 28.4 g/t Au over 1.3 meters, 7.5 g/t Au over 6.4 m, 6.2 g/t Au over 3.3 m, and 5.8 g/t Au over 7.9 m at the Murcielago breccia, and 13.5 g/t Au over 1.3 m at the La Patilla vein system contiguous to the southeast (sample widths are estimated true widths).

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