Tag: Exploration and Development

Soltoro Ltd. has received further positive gold and silver assay results from ongoing mapping and sampling on its 100% owned Tecolote Project in Jalisco, Mexico. Soltoro obtained title to Tecolote through staking so there are no payments or royalties due on the Project. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.

Braeval Mining Corporation, through its subsidiary Braeval Mexico, S.A. de C.V., has entered into a memorandum of understanding with Minera Fumarola, S.A. de C.V., a subsidiary of Prospero Silver Corporation, in relation to certain mining concessions known as the Plomosa lot which claims a project area in the state of Hidalgo known as El Petate Project.

Endeavour Silver Corp. announced today that exploration drilling at the Company’s El Cubo mine in Guanajuato State, Mexico has intersected high grade gold-silver mineralization in two veins near historic mine workings in the Asunción area of the Villalpando vein system.

International Northair Mines Ltd. is pleased to report the execution of two important agreements that together provide the necessary surface rights to continue the exploration and facilitate the possible development of a mine at its La Cigarra Silver Project, located in Chihuahua State, Mexico.

Golden Minerals Company, a precious metals mining company with primary assets in Mexico and Argentina, reports continued progress with its work at the Velardena Operations in Durango State, Mexico. The Company previously announced it suspended operations at the Velardena mine on June 19, 2013 due to depressed silver and gold prices, and that the suspension was enacted to best conserve the asset until operating plans and metals prices indicate sustainable and profitable operations.

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 2013 drill program to date has been focussed on expanding the known resource immediately along strike to known mineralisation, adjacent to the current resource shell and within what is considered a potential pit shell. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Newstrike Capital Inc. is pleased to report that a recently completed ZTEM airborne geophysical survey flown over the Company’s Aurea Norte property has successfully identified several high priority anomalies on a parallel trend with its flagship gold deposit at Ana Paula. The survey covered an area known as the San Luis Trend, an important structural corridor over ten kilometres in length that has returned anomalous assays from widespread near-surface gold mineralization.

Plata Latina Minerals Corporation is pleased to announce results from three additional drill holes completed from its most recent drill program on its Naranjillo project located in Guanajuato State, Mexico.

Sierra Metals Inc. is pleased to announce that development in the Santa Eduwiges mine at its Cusi property has opened two new areas of bonanza grade silver mineralization, the Monaco and Veta del Contacto areas. In addition, on-going mapping and sampling of the La Gloria vein at its Cusi property has returned high grades of silver over significant strike lengths. Moreover, mapping of the Milagro and San Rafael veins gave encouraging visual results.

NSX Silver Inc. has recently completed a strategic review of its Mexican exploration property portfolio, taking into consideration the exploration results generated to date and an evaluation of the risk-reward profile associated with undertaking further exploration for each of its mining concessions. As a result of this review, the directors of NSX Silver have determined that the Company’s future exploration efforts will be best positioned by focusing on its three wholly-owned mining concessions (Oso Blanco, Oso Blanco 2 and Piedras del Norte) comprising approximately 6,000 hectares and located in Sonora State. The work completed on these concessions to date has identified several mineralized zones which NSX Silver’s technical consultants consider to have excellent potential for further discoveries.