Gold and Silver Mining of Nevada, Inc. announced today that it has signed an MOU to enter into a mining/processing joint venture agreement to extend beyond the stockpiled ore processing agreement previously announced. This MOU is for the mining of new ore at Asset #26 and the construction of a processing mill to process ore to make gold and silver bars.
Gold Resource Corporation (the "Company") announces the expansion of its high-grade Switchback discovery intercepting multiple veins over a 68 meter wide interval. Step-out drilling includes 5.27 meters of 2.93 grams per tonne (0.09 oz/ton) gold, 0.89 meters of 16.95 grams per tonne (0.49 oz/ton) gold and 1.60 meters of 575 grams per tonne (16.79 oz/ton) silver.
Gold Resource Corporation (the "Company") announces the on time completion of its El Aguila mill expansion. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
Affinity Gold Corp. ("Affinity" or "the Company") is pleased to announce it has entered into the Formal Joint Venture Agreement with Corizona Mining Partners, LLC ("Corizona") to jointly develop the Cambalache project, a producing silver (Ag) and lead (Pb) mine located in District of Lircay, Province of Angaraes, Department of Huancavelica to the southeast of Lima, Peru.
Homestake Resource Corporation reported today that the Company and Agnico Eagle Mines Limited have agreed to amend the September 2012 option agreement for exploration and development of the Homestake Ridge property in northwestern British Columbia.
Itronics Inc., a growing and diversified fertilizer, silver, and minerals producer, today provided a technology update for new applications to improve silver-gold mine recoveries and operating results.
American Cordillera Mining Corporation ("AMCOR") today announced the signing of an Option and Joint Venture Agreement (the "Agreement") dated December 4, 2013 with Kent Exploration, Inc. ("KENT"), a Canadian mineral exploration company, whereby KENT can acquire an Option, subject to the approval of the TSX Venture Exchange, ("TSX-V"), (the "Option") to earn an 80% interest in the historic Bayhorse Silver Mine ("Bayhorse") in east-central Oregon State. This Agreement supersedes the Letter Agreement executed with KENT on November 7, 2013.
Canasil Resources Inc. ("Canasil") announces that MAG Silver Corp. ("MAG") has started the Phase 1 drill program at Canasil's Salamandra silver-copper-lead-zinc project in Durango State, Mexico. The planned program includes a minimum of 3,000 meters of diamond drilling as part of the CAD$ 1,000,000 first year exploration expenditures required by May 2014 under an option agreement for MAG to earn up to a 70% interest in the Salamandra project.
San Marco Resources Inc. ("San Marco" or "the Company") and Exeter Resource Corp. continue to explore the Company's 8,500 hectare La Buena property, located 9 km north of Goldcorp's Penasquito mine in northern Zacatecas State, Mexico. Initial diamond drilling and a recently completed gravity survey builds on previous work that outline geological, geochemical and geophysical similarities to other mineral deposits in the area.
International Northair Mines Ltd. (the "Company" or "Northair") is pleased to report that it has completed a surface trenching program as part of its ongoing surface exploration program at its La Cigarra silver project (the "Property"), located in north central Mexico.
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