Tag: Exploration and Development

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. Almaden has commenced an infill drilling program with two of the three rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. At the same time one drill rig is focussed on step out drilling to expand the resource. The holes announced today show the continuity of high-grade gold silver veining in the north-south Chemalaco zone defined with previous drilling. Highlights from the holes released today include the following intercepts:

UC Resources has entered into negotiations to define a strategic relationship with Sunvault Energy Inc. for the provision of power and energy storage at their La Yesca facility. The Company has experienced continual seasonal power interruptions that have caused mill operations at La Yesca to be intermittent. Ensuring power stability will better enable consistency in mill flow operation.

Kootenay Silver Inc. is pleased to announce assay results from a further three drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. Current drilling is focused on a series of high-grade silver intercepts recently identified within breccia silver mineralization situated between the Pit and NE Zones. The Company reports drilling continues to encounter high-grade mineralization. At present, results are pending on 14 additional drill holes that have been completed and will be reported on as results are received and compiled.

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. Almaden has commenced an infill drilling program with four rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The Company plans to update the current resource in early 2013 to form the basis for a Preliminary Economic Assessment (PEA).

Braeval Mining Corporation is pleased to announce the start of its 1,200m diamond drilling program at the Guaynopa Project in Mexico.

El domingo 10 de noviembre, aproximadamente a las 5:30 de la tarde, elementos de la Policía Estatal y de la Dirección Estatal de Investigación (DEI) llegaron a la comunidad de La Sierrita y detuvieron a los miembros de la comunidad antes señalados.

Compañías se han apropiado de mantos concesionados a otras empresas y exportan a China el mineral de hierro que obtienen, denunció un empresario afectado que pidió el anonimato.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, reports a positive start to the refurbishment programme for the Company’s recently purchased El Bote processing plant, which is expected to process up to 1,500 tonnes per day when fully commissioned.

Canasil Resources Inc. announces that MAG Silver Corp. has defined drill targets and proposed an initial 3,000 meter diamond drill program at Canasil’s Salamandra silver-copper-zinc-lead project in Durango State, Mexico. The required drill permits are in hand and the drill program is planned to start after preparation of drill access roads and drill pads, within the next three to four weeks. MAG and Canasil entered into a binding Letter Agreement on May 27, 2013, providing for MAG to earn up to a 70% interest in the Salamandra project.

Garibaldi Resources Corp. is pleased to report that drilling has resumed at the Locust target, part of the Company’s large Tonichi Project in Sonora State, Mexico, to immediately follow up on the discovery of an important mineralized intercept in drill hole MAR-13-02 that may be indicative of a Au-Cu porphyry system. Drilling to date at Locust (2745 meters in 16 widely-spaced holes) has outlined a broad envelope of near-surface mineralization that measures at least 5 km along trend and 1-2 km across.