War Eagle Mining Company Inc. has completed the sale of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico to Contratista y Operaciones Mineras SA de CV (COMSA), a Mexican mining company.
Mammoth Resources Corp. is pleased to report the results of a pole-dipole induced polarization and magnetic ground geophysics survey at its Tenoriba property located in the state of Chihuahua, Mexico. The magnetic survey has assisted in confirming the presence of east-west, east northeast and locally northwest trending structures (faults) which Mammoth geologists based on their mapping and sampling work has identified as controls for gold-silver mineralization. The IP survey also assisted in identifying these same structures with strike lengths of greater than 100 metres up to as much as 600 metres and in most cases these remain open beyond these lengths. A few of these structures are closely associated to artisanal mine workings (e.g. at El Moreno). These IP axes once more appear to confirm at depth the same features as were identified by company geologists mapping & sampling gold-silver mineralization and alteration controls on surface. Areas of specific interest are identified in Figure 1, Tenoriba Geophysics Survey Results, Zones A, B and C. Additional areas of interest are similarly identified on this figure between and to the north and south of these zones.
SilverCrest Mines Inc. is pleased to announce record production of 2.66 million ounces AgEq for 2013 and record production of 796,751 ounces AgEq for Q4 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico. All dollar amounts are expressed in U.S. dollars unless otherwise specified.
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce fourth quarter and annual 2013 production results from the La Platosa Mine in Durango, Mexico.
Alamos Gold Inc. today reported fourth quarter and annual 2013 production, achieving both its production and cost guidance for the year. The Company also provided 2014 production and operating guidance along with its global exploration and development budgets.
Garibaldi Resources Corp. is pleased to provide an update on the first-ever diamond drilling program at its La Patilla Gold Property in Sinaloa State, Mexico, with the fifth hole of the shallow program currently in progress. Drilling started shortly before the Christmas break and resumed early this month.
Capstone Mining Corp. today provided its production and capital expenditure guidance for 2014 for two of its three operating mines, Cozamin and Minto, and its development and exploration projects. Capstone expects to produce 38,500 tonnes (±5%) of copper in concentrates from Cozamin and Minto, slightly higher than 2013 production of 37,500 tonnes.
Scorpio Mining Corporation reports that production from the Nuestra Señora Operations totalled 492,832 silver equivalent ounces in the fourth quarter ended December 31, 2013, and 1,959,113 silver equivalent ounces for all of 2013.
Formation Metals Inc. today announced that the Board of Directors of Formation has reached an agreement, effective January 15, 2014, with Mari-Ann Green, Scott Bending and William G. (Bill) Scales whereby these executives will relinquish their positions as CEO, President, and Executive Vice President, respectively and resign from the Board of Directors.
The Board of Directors of Osisko Mining Corporation has received the takeover bid circular published by Goldcorp Inc. regarding its unsolicited proposal to acquire all of the common shares of Osisko.
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