Golden Goliath is pleased to announce that exploration work on the Company’s wholly-owned Nopalera property is progressing very well. Surface work, including geology, geophysics and geochemistry is delineating targets for the first ever diamond drilling program on the property, to be undertaken as soon as drill target definition is complete.
Zinco Mining Corporation has completed an in-house technical review of its Cuale VMS Camp and proposes a drilling program that will allow it to calculate an initial resource estimate on at least one of the prospects. This proposal is a follow-up to the drilling program in 2011 when the Company completed 1534.8 metres of HQ diamond drilling in 14 holes. The drilling was split between San Juan (955.3 m in 9 holes) and Jesus Maria (579.5 m in 5 holes) in the Cuale VMS camp, one of several VMS camps in the Company’s Jalisco VMS Project concessions.
Geologix Explorations Inc. is pleased to announce the acquisition of an option to earn a 100% interest in the La Carreta gold-copper-silver property in Michoacán State Mexico. La Carreta property is located approximately 20 km north-east of the Company’s Tepal project. The concession covers 207 hectares (2.07 square km) and is proximal to water and power, and accessible via paved highway and agricultural roads.
San Marco Resources Inc. is pleased to report it has granted an option to Skanderbeg Capital Partners Inc. of Vancouver, BC to acquire a 50% interest in San Marco’s La Buena property, Zacatecas, Mexico.
Caballo Blanco es punta de lanza, otras vienen a Perote y Los Tuxtlas. Servicio Geológico Mexicano promueve el territorio ante transnacionales.
Goldgroup Mining Inc. is responding to recent unconfirmed Mexican newspaper articles quoting certain statements by the Governor of the State of Veracruz on the environmental permitting regarding Goldgroup’s Caballo Blanco project. Goldgroup has not been directly contacted by, or been in communication with, any State officials in relation to the statements recently reported.
Soltoro Ltd. recently completed seven diamond drill holes beneath the historical mine workings in the Catarina zone. The focus in the Catarina mine area was to confirm the historic resource defined in the 1980s by the Consejo de Recursos Minerales (CRM), the equivalent of the Mexican geological survey. The historic Catarina mine and associated workings can be traced for roughly 500 metres along strike and high grade silver mineralization has been encountered to a depth of 125 metres. From 1978 through 1981 the CRM carried out extensive surface trenching, underground sampling and development work, as well as surface and underground drilling.
Lone Star Gold, Inc. is pleased to announce that on February 28th, 2012, the Company is sending its first shipments from 1.2 million tons of mine tailings from the San Antonio del Potrero mine tailings project to a processing plant less than 15 minutes’ drive away in the city of Parral, in the state of Chihuahua, Mexico.
Recent Drill Results Increase San Gregorio Zone Strike Length to over 1,000 Metres; Data Being Collected for Planned Resource Calculation
Minaurum Gold Inc. is pleased to announce that Ocean Park Ventures Corp. has begun a Phase 1, 2500 metre diamond drilling program at the Adelita project, southern Sonora, Mexico. The Adelita project hosts skarn mineralization with strong copper, gold and silver values, flanking a 10 square kilometre copper, gold, silver and molybdenum-in-soil anomaly which has a porphyry signature.
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