Tag: Exploration and Development

Mexus Gold US has been quite busy over the past two months with activities regarding the Company’s two mining operations, the Trinidad Mine and the Julio Mine.

Cayden Resources Inc. announces the results from its thirteen hole core drilling program at the La Magnetita East target on its Morelos Sur Concession located in Guerrero State, Mexico. Eleven of thirteen drill holes intercepted significantly anomalous skarn mineralization hosted in a contact zone between limestone and a large magnetic granodiorite stock.

Camino Minerals Corporation has received final assay results from the recently completed diamond drill campaign at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico. Camino drilled a total of 2,984 metres in 13 holes between the months of April and July. Seven different targets, including epithermal and mesothermal vein systems and porphyry targets, were tested within a 54 square kilometre area.

Goldgroup Mining Inc. is pleased to report, further to the Company’s news release of April 29, 2013, an updated National Instrument 43-101 Measured and Indicated and Inferred mineral resource estimate for the Cerro Prieto Project located in Sonora, Mexico. Giroux Consultants Ltd. and Duncan Bain Consulting Ltd. have prepared and authorized the release of this NI 43-101 resource estimate. Goldgroup has today filed a NI 43-101 technical report on SEDAR relating to this resource estimate.

Mammoth Resources is a mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company has an option to acquire 100% in the Tenoriba Property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The company continues to seek other option agreements in the Americas on other properties it deems to host above average potential for economic concentrations of precious metals mineralization.

Sundance Minerals Ltd. is pleased to announce that it has completed agitated cyanidation leach testing on three composite samples from the San Ricardo project in Sonora, Mexico.

Alliance Mining Corp, proposed transaction to acquire up to a 100-per-cent interest in 22 mineral claims located primarily in the Uruachic district in northwestern Mexico has been conditionally accepted by the TSX Venture Exchange. Final acceptance of this submission will be conditional upon the company satisfying the filing requirements including the review of the recently submitted technical report entitled “Technical Report On The Pelonachi and El Indio Concessions Sierra Madre Occidental, State of Chihuahua, Mexico.”

Kootenay Silver Inc. announced a Measured and Indicated resource estimate which was subsequently updated with the inclusion of the gold resource potential at Promontorio in May 2013. The current resource estimate contains M&I resources of 44.5 million tonnes reporting 92 million ounces silver equivalent (39.7M oz. Ag, 853M lbs Pb+Zn and 506,000 oz Au) for a total M&I mineral resource estimate of 92,428,000 AgEq ounces.

McEwen Mining Inc. is pleased to announce an updated Canadian National Instrument 43-101 resource estimate for the El Gallo 2 project in Sinaloa State, Mexico. The main objective of the Company’s drilling during the past year was to convert Inferred Resources to the Measured and Indicated categories. This was done in order to begin work on an updated El Gallo 2 reserve estimate and mine plan. McEwen Mining’s drilling has been successful at upgrading a large portion of the previously classified Inferred Resource. El Gallo 2 Resource Highlights

Sierra Iron Ore Corporation is pleased to announce that it has made significant advancement to support the Company’s plan for an exploration/development field work program on the El Creston iron ore property. The program will include a preliminary pilot testing plant operation for the purpose of testing zones at the property.