Gold Coast Mining and Western Sierra Expand Mining Agreement

Gold Coast Mining Corp. announced that the Company and Western Sierra Mining Corp. have agreed to expand their current joint venture. Western has agreed to contribute its SunGold Mine project to the joint venture. SunGold consists of 75,000 ounces of indicated gold resources worth an estimated $60 million dollars. The SunGold mine is located about 24 miles southwest of Prescott, Arizona and consists... 

Santa Fe Gold Options Pilar Gold Exploration Property, Sonora, Mexico

Santa Fe Gold Corp, a U.S. based mining and exploration enterprise focused on gold, silver, copper and industrial minerals, today announced that its Mexican subsidiary, Minera Sandia S.A. de C.V., had entered into a purchase option contract on the Pilar Gold Property consisting of two mineral exploitation concessions located 165 kilometers east-southeast of Hermosillo, Sonora State, Mexico. The company... 

Tag: minera sandia, mountains with gold in sonora mexico, sonora mining contractors, gold ridge mine sonora, sonoran mining

Yale Options Out the Urique Project to American Sierra

Yale Resources Ltd. report that it has signed a definitive agreement with American Sierra Gold Corp., a private U.S. company, for the option of Yale’s wholly owned Urique Project located in southwestern Chihuahua State, Mexico. The option will allow American Sierra to earn up to a 100% interest in the Urique Project. American Sierra can initially earn 90% by paying Yale US$1,050,000, incurring US$... 

Tag: american sierra, american sierra gold corp goldcorp

Orex Minerals Commences Drilling at Zambranena

Orex Minerals Inc. a junior mineral exploration company announces the commencement of its drilling program, consisting of a planned eight holes within its Santa Cruz Project in Durango State, Mexico; a joint venture with Silverex S.A. de C.V.. Located in the Sierra Madre Occidental Mountains, Otaez Municipality, midway between Tayoltita (San Dimas) and Topia mining camps, the Santa Cruz Project lies... 

Tag: tayoltita durango, topia durango, conoco sanctioned

Mexoro Minerals Enters Into Negotiations for Project Financing

Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the property. Mario Ayub, President of Minera Rio Tinto... 

Tag: minera rio tinto chihuahua, mrt mario ayub, juan flores carrillo, mario ayub mexico gold, mario ayub

Western Sierra Begins Pre-Production Testing of Gold Basin Mine

Western Sierra Mining Corp. announced that it has initiated pre-production testing for the Gold Basin placer mine, located near Wilhoit, Arizona. Total proven gold reserves for the mine exceed 150,000 ounces, with additional probable and indicated gold reserves of 400,000 ounces. The Gold Basin Placer Mine is currently being operated under a lease option from Pine Creek Mining. Western Sierra has an... 

Tag: searchlight minerals, gold wilhoit az

Western Sierra Signs Agreement to Acquire the Blue Bell and De Soto Mines in Arizona

Western Sierra Mining Corp. announced that it had signed a contract for a two-year lease with a fixed price option to purchase both the Blue Bell and De Soto mines, located near Crown King and Mayer, Arizona. Both mines have historically produced large amounts of silver and copper; the production cons also carried some gold. The two mines rest on approximately 550 acres of patented property. Both the... 

Western Sierra Confirms Negotiations to Acquire Two Additional Patented Mine Sites in Arizona

Western Sierra Mining Corp. confirmed that it is in the final stages of negotiating a contract to acquire both the Blue Bell and De Soto mines located near Crown King and Mayer, Arizona. Both mines have historically produced large amounts of gold, silver and copper and rest on approximately 550 acres of patented property. Michael Chaffee, CEO & President of Western Sierra Mining, commented, “When... 

Western Sierra Signs Mining Agreement to Operate the Gold Basin Placer Mine

Western Sierra Mining Corp. announced that the Company has signed a lease option agreement with Arizona-based Pine Creek Mining Corp to operate the Gold Basin Placer mine, located near Wilhoit, Arizona. The agreement also provides Western with the option to purchase the mine, which has proven gold reserves exceeding 150,000 oz. gold with estimated and possible of an additional 300,000 oz. Au. Western... 

Tag: gold basin placer mine, placer gold mine machinery, western sierra mining news, project on dimond mining, placer mines for lease

Golden Eagle Reports on Effects of Current Political Unrest in Bolivia on C Zone Gold Operation

Golden Eagle International, Inc. reported that its C Zone gold operation has been affected by recent and ongoing political unrest in Bolivia. Road blockades and the lack of diesel fuel throughout the Santa Cruz Department (State), in which the C Zone mine and mill are located, over the past three-week period slowed mining and milling, and finally led to what the Company believes to be a temporary suspension...