Tag: Exploration and Development

Bacanora Minerals Ltd. is pleased to announce that it has received the results of surface rock samples collected during the first phase of the field work programme on the El Sauz and Fleur lithium concessions that form part of the Sonora Lithium Project in northern Mexico. The Company has provided Rare Earth Minerals PLC with an option to earn up to a 49.9% interest in the two Concessions by making cash payments to Bacanora and funding exploration.

Representantes de la Asamblea Ejidal de La Sierrita asistirán el próximo 30 de abril a Toronto, Canadá a la reunión anual de accionistas de esta empresa para mostrar las malas prácticas empresariales que lleva a cabo Excellon en México.

Orko Silver Corp. and Coeur d’Alene Mines Corporation are pleased to announce the positive results of the Orko shareholder vote to approve the previously announced plan of arrangement whereby Coeur will acquire all of the issued and outstanding common shares of Orko.

Goldgroup Mining Inc. and Oroco Resource Corp. are pleased to announce that, further to the binding letter agreement between them, the Companies have now signed a formal purchase agreement for Goldgroup to purchase from Oroco a 100% interest in the Cerro Prieto Project. The closing of the transaction is subject to approval by the shareholders of Oroco and the TSX Venture Exchange as well as standard closing conditions.

El nuevo delegado en Sonora, Ulises Cristópulos, informó a Dossier Político que ya investiga la denuncia de los ejidatarios hecha pública en este medio, “los ejidatarios en una parte de la mina tienen derecho a la extracción de metales; de detectar alguna irregularidad, las sanciones serían desde una multa económica hasta la cancelación de operaciones de la mina”…

First Majestic Silver Corp. is pleased to announce that the Company’s new 1,000 tonnes per day (tpd) flotation circuit at its Del Toro Silver Mine in Zacatecas, Mexico reached phase one commercial production on April 1, 2013.

Most junior explorers face the same quandary. They own a prospective project, or perhaps several, but have no sources of income, which means finding the funds to explore their prospective lands is a constant struggle.

Red Tiger Mining Inc. announces that it has resumed operations at its Luz del Cobre mine in State of Sonora, Mexico. Luz del Cobre had been under an illegal blockade commenced by the Ejido (land owners) of San Antonio de la Huerta.

SilverCrest Mines Inc. is pleased to announce results of further delineation drilling at the Santa Elena Mine in Sonora, Mexico. Since mid 2012, 132 drill holes have been completed to further expand underground resources and reserves.

Mexus Gold US is a company engaged in the evaluation, acquisition, exploration, development and production of mining properties and conducts salvage operations for the recovery of precious metals.