Tag: Exploration and Development

Paraliza ‘Napito’ minas de Carlos Slim

Minera Frisco confirmó ayer que su mina El Coronel, ubicada en Zacatecas, así como sus minas San Francisco del Oro, en Chihuahua, y María, en Sonora, suspendieron actividades.

Oroco Resource Corp.: Amparo Decision Handed Down

Further to its news release of October 22, 2012, Oroco Resource Corp. announces that it has received the decision of the Federal Seventh District Court of Mexico with regard to the joined amparo petitions of the Company and Avinadain Bautista, the party who opposed the registration by Mexico’s Public Registry of Mining of the Company’s interest in the Xochipala Concessions. The MX Amparo was a petition to set aside a Guerrero State Court auction in 2011 (the “Court Auction”) of a 50% interest in the Celia Gene and a 100% interest in the Celia Generosa concessions, which two mineral concessions comprise the Xochipala Concessions. The Court Auction had occurred under the mistaken assumption that the Comacho Interest remained a part of the estate of Carlos Camacho when, in fact, the Company had purchased the Camacho Interest from the Camacho estate in 2007.

Paran operaciones en 3 minas de Frisco

El grupo Minera Frisco anunció que la mina El Coronel, en Zacatecas, mantiene suspendida su producción por una presunta disputa entre trabajadores sindicalizados, mientras que los empleados sindicalizados de las minas María y San Francisco del Oro, en Sonora y Chihuahua, respectivamente, iniciaron una huelga al no alcanzarse un acuerdo en la revisión de su contrato colectivo de trabajo.

Cayden Samples 21 m of 8.3 g/t Gold at El Barqueno

Cayden Resources Inc. is pleased to announce that it has received additional results from ongoing trenching programs at its El Barqueño property located in Jalisco State, Mexico. Highlights include: 21 meters of 8.3 g/t Au, including 4 meters of 20.3 g/t Au; 54 meters of 1.1 g/t Au; and 13 meters of 2.4 g/t Au.

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