USCorp Junior Gold and Silver Exploration Company Update on Picacho Drilling

USCorp updates its shareholders and the public regarding development of its Picacho Salton properties in Imperial County, California. Key management and members of the exploration team recently participated in a productive teleconference with representatives of the Imperial County office of the Bureau of Land Management (BLM) responsible for granting approval to drill and to mine USCorp’s Picacho... 

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Santa Fe Gold Proceeding with Construction of Summit Silver-Gold Project

Santa Fe Gold Corporation announced that the New Mexico Office of the State Engineer has issued a permit required to proceed with construction of the tailings dam impoundment at the Banner Mill located near Lordsburg, New Mexico. The company expects to complete construction of the tailings impoundment during the current quarter and to begin processing operations shortly thereafter. “With this important... 

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First Majestic to Acquire Normabec Mining Resources

First Majestic Silver Corp. and Normabec Mining Resources Ltd. have entered into a definitive agreement whereby First Majestic will acquire Normabec. The transaction will be an all-share transaction by way of plan of arrangement. The Agreement, among other things provides that First Majestic will acquire Normabec in exchange for the issuance directly to Normabec’s shareholders of 0.060425 First... 

New gold acquisition in Pinos district, Zacatecas, Mexico

Xtierra Inc. announce that it has entered into an option agreement with private Mexican interests whereby it may acquire a 100% interest in the El Dorado gold project within 2,890 hectares of mining claims located in the Pinos district of southeastern Zacatecas State, Mexico. The property is located within the Central Mexican Mineral Belt and has an existing small-scale underground gold mining operation... 

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Canadian Mining Ramps Up Drilling Plans for Mexico & Arizona Projects

Mr. Ray Paquette announce that following the successful identification of several significant anomalous zones on Canadian Mining’s San Bernardo project located in the Alamos Mining district of Sonora, Mexico the Company is now negotiating to initiate the drill exploration program as recommended by SJ Geophysics’ June 2009 report. The details and terms will be announced when finalized. In... 

ECU Silver Achieving Excellent Progress on Mineral Resource Recoveries

ECU Silver Mining Inc. provides an update on recoveries attained on its mineral resource. ECU Silver’s mineral resource is primarily contained in sulphide mineralization plus additional oxide mineralization. The Company has been testing various methods to improve metallurgical recoveries within both these environments and has attained excellent results. Metallurgical recoveries are very important... 

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Premier signs Memorandum of Understanding with Ginoogaming First Nation

Premier Gold Mines Limited, a well-financed mineral exploration and development company based in Canada, with mineral interests and deposits in Northwestern Ontario and a joint venture in Mexico announce that the Company has signed a Memorandum of Understanding (MOU) with Ginoogaming First Nation. This agreement establishes a commitment by both parties for a mutually beneficial, co-operative, productive... 

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USCorp Chooses Harris Drilling Company Picacho Salton Gold Property Phase 1, 2 and 3 Drilling Project

USCorp announced that it has chosen Harris Drilling Company to conduct Phases 1, 2 and 3 of the planned 15,000 foot drilling program at its Picacho Salton project in Imperial County, California, U.S.A. Harris was founded in 1956 and provides drilling and related services to the mineral exploration industry in the Western U.S. and internationally. Harris has worked for many of the top mining and exploration... 

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Great Panther Signs New Sales Contracts for Topia Concentrates

GREAT PANTHER RESOURCES LIMITED announce it has signed contracts with Louis Dreyfus Commodities Metals Suisse SA (LDC), part of one of the world’s largest commodities trading companies, for the sale of lead and zinc concentrates from the Company’s wholly owned Topia silver-lead-zinc mine in Durango State, Mexico. The contracts are effective through to December 31, 2010 and will enable Great... 

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Gammon Gold Announces Successful End to the El Cubo Strike

Gammon Gold Inc. announce the successful conclusion of the strike action at its El Cubo mine in Guanajuato State, Mexico. The union representatives agreed to recommend to its members the adoption of a seven-day continuous work schedule that Management had tabled as part of the negotiations of the union’s collective agreement. The changes to the agreement were ratified at a vote by the union membership...