Avino Silver & Gold Mines Ltd. today announced that it has now drifted along the San Gonzalo vein for over 200 metres to the northwest and 240 metres southeast of the main crosscut across from the ramp on level 5. The San Gonzalo Mine is located on the Avino property 80 km north east of Durango, Mexico.
Levon Resources Ltd. is pleased to report resumption of Phase 4 drilling at the Company’s wholly owned Cordero project. An initial 14,000 metres of core drilling is planned to test the recently acquired Aida claim, located in a central part of the Cordero resource. Levon’s purchase of the Aida claim consolidates the Company’s ownership of 100% of the mineral rights in the district. The current Indicated mineral resource at Cordero includes 364 million (M) oz of Ag, 945,000 oz of Au, 6.1 billion (B) lbs of Zn, and 3.3B lbs of Pb [contained metal] (US $6 NSR cutoff grade was used, calculated at $25/oz Ag, $1.00/lb Zn and Pb. Gold was included in the tabulations based on areas within the resource which have higher gold grades). The indicated plus inferred resources are described in Levon’s updated resource report (as amended May 10, 2013) for the Cordero Project completed by Independent Mining Consultants in collaboration with M3 Engineering and Technology of Tucson, AZ.
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.
Sierra Metals Inc. is pleased to announce that mill capacity at its Bolivar copper-zinc-silver mine has been doubled to 2,000 tonnes-per-day from 1,000 tonnes-per-day.
Mammoth Resources Corp. is pleased to announce results from bottle roll tests on 23 drill hole samples from the 2008 Masupari Gold drill program (refer to the company’s press release dated July 27, 2013, or the company website for drill locations) and 5 surface samples from the Los Carneritos target area on the company’s Tenoriba project in the Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico.
Garibaldi Resources Corp., active year-round with projects in Mexico and British Columbia, is pleased to provide the following exploration and corporate update.
Argentum Silver Corp. has received assay results from a recent trenching program on its 100% owned Coyote property in Jalisco, Mexico. Surface trenching has extended the main El Tajo vein for an additional 375 meters to the south along strike. Mineralization at the El Tajo vein remains open at depth and along strike to the south. The trenching also exposed 2 new zones on the La Valenciana vein, one over 350 metres in strikelength and a second over 600 metres in strikelength.
Candente Gold Corp. is pleased to report on historic metallurgical test work results from the Mexico Mine tailings which indicate potential for encouraging precious metal recoveries. A summary of the detailed metallurgical test work results can be found in a NI 43-101 F1 amended technical report on the El Oro property in Mexico filed on September 25th, 2013 (www.sedar.com).
US Precious Metals, Inc. in conjunction with our its Joint Venture partners Mesa Acquisition Group LLC/Alba Petroleos De El Salvador Sem De Cv, is pleased to announce the immediate commencement of Phase II development on its Michoacán, Mexico property.
Oceanus Resources Corporation is pleased to announce that diamond drilling has intersected high-grade gold and silver mineralization at both the Santo Nino and Dos Hermanos gold-silver prospects located on the La Lajita property in Durango, Mexico.
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