Results for the samples indicate graphite occurs predominantly as very fine flake and bleb-like patches finer than 30 micrometres in size within clay-rick shaley material.
The option agreement provides Mundoro an option for a five year term to acquire 100% interest in Centauro upon payment of $4,000,000s, subject to a 3% net smelter return royalty.
Assays were incorporated in the updated NI43-101 compliant resource estimate which increased the resource to 303,900 oz indicated grading 2.34 g/t plus 301,000 oz inferred grading 2.17 g/t.
"We continue to expand the area of gold mineralization at Republicana and have drilled our thickest intersections to date," Rick Adams, President and CEO of Highvista.
Baja Mining announces that the aggregate $90 million comprising the Stage I financing which was to have been advanced to MMB by the Korean Consortium has not yet been fully advanced.
An updated NI 43-101 in May 2012 resulted in an inferred mineral resource at San Ignacio of 6,894,000 Ag eq oz in 826,000 tonnes at 121g/t Ag and 2.28g/t Au.
Dolly Varden has announced that it has entered into an agreement where a subsidiary of Hecla Mining Company has agreed to acquire 20,000,000 common shares, representing 19.9% of the outstanding Dolly shares.
Argentum has elected to exercise provisions of its option agreement with Soltoro Ltd. and has acquired a 100% undivided interest in the Coyote and Victoria Silver Properties located in the State of Jalisco, Mexico.