Mining Concessions

MEXICAN GOLD ANNOUNCES AGREEMENT TO ACQUIRE THE PEPE, PEPE TRES AND SAN JOSE CONCESSIONS AT LAS MINAS

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Click to access nr-2017-06-08.pdf

MEXICAN GOLD CORP. (the “Company” or “Mexican Gold”) (TSX-V: MEX) is pleased to announce that its wholly-owned subsidiary, Roca Verde Exploracion de Mexico, S.A. de C.V. (“Roca Verde”), has entered into a definitive purchase and sale agreement (the “Purchase Agreement”) to acquire a 100% interest in the Pepe, Pepe Tres and San Jose concessions (the “Concessions”) at its Las Minas property from the current owners (the “Owners”). The Concessions form the core of the Las Minas property and encompass six highly mineralized zones, including the El Dorado/Juan Bran and Santa Cruz zones. An initial mineral resource estimate is currently underway for these two zones and is scheduled for completion in July, 2017.

IMPACT Silver divests non-active Zacatecas assets

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http://www.impactsilver.com/s/NewsReleases.asp?ReportID=791981&_Type=News-Releases&_Title=IMPACT-Silver-divests-non-active-Zacatecas-assets

IMPACT Silver Corp. (“IMPACT” or the “Company) announces that it has sold its Zacatecas assets to Endeavour Silver Corp. (“Endeavour”; TSX: EDR, NYSE: EXK) for 154,321 common shares of Endeavour with a deemed value of US$500,000. The Zacatecas assets consist of 10 mineral concessions covering 152 hectares, 14 hectares of surface rights, the old inactive Santa Gabriela 200 tonne per day processing plant and tailings facilities. IMPACT has carried out only minimal work in Zacatecas since 2009 and management took this opportunity to monetize these non-active assets and allow management to better focus its time on its silver production assets at the Royal Mines of Zacualpan and new ventures.

Argonaut Gold Announces Agreement to Acquire Key Fresnillo Mineral Concession Adjacent to the El Castillo Mine

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1033-tsx/ar/29637-argonaut-gold-announces-agreement-to-acquire-key-fresnillo-mineral-concession-adjacent-to-the-el-castillo-mine.html

TORONTO, ONTARIO–(Marketwired – Feb. 23, 2017) – Argonaut Gold Inc. (TSX:AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce that its wholly-owned subsidiary, Minera Real Del Oro, S.A. de C.V., has entered into an agreement with Desarrollos Mineros El Aguila, S.A. de C.V. (“El Aguila”), a wholly-owned subsidiary of Fresnillo Plc (“Fresnillo”) whereby Argonaut will acquire 420 hectares pursuant to a mineral concession (the “San Juan Concession”) owned by El Aguila covering known projections of El Castillo mineralization (the “Transaction”). In addition, the parties have entered into an agreement whereby portions of other adjacent concessions may be used by Argonaut for leach pads, ponds and overburden sites, subject to the terms of such agreement. All dollar amounts are expressed in United States dollars unless otherwise specified.

Highlights on the Second Week of February, 2017. Mineral Exploration in Mexico

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During the 6th week of the year (6th to 12th February, 2017) at least 25 press releases were announced by companies working in Mexico, including the completion or starting of financing rounds by seven companies. ON EXPLORATION, in Sonora, Riverside presented drilling results from a porphyry copper target. In Zacatecas, Canasil presented results from the first hole of the present drilling campaign. Prospero Silver presented an exploration update of its properties in Chihuahua and Hidalgo. ON MINING, Marlin Gold released production figures for January, and US Antimony presented production estimates for 2016.  ON FINANCING, Six companies reported the opening or closing of financing rounds for a consolidated total of $529 M. The large majority of this amount is by Alamos Gold, Leagold and Fortuna Silver.  ON RESOURCES AND DEVELOPMENT, Leagold filed a technical report, Coeur presented resources estimates to 2016, Consolidated Zinc and Alamden presented drilling results and Mexus Gold an update on mine development.  ON DEALS AND CORPORATE ISSUES, Excellon made a deal on concentrate sales, Plata Latina closed the deal on one of its Guanajuato properties and Colibri confirmed its shares are still suspended.

ON MEXICO ISSUES

  • Silver Production. Six of the main silver producers anticipate a 15% increase of production on the metal for 2017 over 2016, from 88.6 to 102 M Oz Ag. The companies surveyed by Bnamericas include Fresnillo PLC, First Majestic Silver, Pan American Silver, Fortuna Silver, Coeur Mining and Endeavour Silver.

ON EXPLORATION

  • Prospero Silver Corp. provided an update on recent exploration work on its projects. At Petate (Hidalgo) has secured surface access and drill permits for 27 drill sites, with JV negotiations underway. At Pachuca Southeast (Hidalgo) Prospero is to present permit applications for four drill sites, after being cleared by the INAH (Mexican archeology agency). At Bermudez (Chihuahua) additional mapping and sampling has been completed, assay results are pending for 51 samples that will aid in drill site selection. Prospero has been field reviewing several sites for the past three months, and has two projects advancing to the staking stage.
  • Canasil Resources Inc. released results from its first drill hole on the current drilling campaign at its Esperanza project in Zacatecas. “This drill hole intersected an extended interval of banded quartz veins, veinlets and breccias hosted within fractured and brecciated volcanic rocks… ”. Results in this hole include true width (TW) intervals: 1.36 m @ 0.08 g/t Au, 23 g/t Ag, 2.0% Zn, 1.3% Pb; 1.67 m @ 0.11 g/t Au, 5 g/t Ag, 3.6% Zn, 0.5% Pb and 3.08 m @ 0.14 g/t Au, 21 g/t Ag, 2.6% Zn, 0.8% Pb. “The La Esperanza vein system has now been traced by drilling to a depth of 375 metres below surface and over a strike length of 245 metres and remains open for further expansion.”
  • Riverside Resources Inc. reported drill results with Antofagasta at Thor, Sonora. The four diamond holes totaled 1,335 m, with no Cu or Au intercepts over material widths; however,a large Laramide age porphyry style quartz-sericite-pyrite stockwork zone was encountered. The results of this program “justify additional exploration work… ”. Riverside and Antofagasta have reviewed the results and now plan to progress the project with Riverside as the operator.

ON MINING

  • Marlin Gold Mining Ltd. stacked 7,447 Oz Au during January at a grade of 1.87 g/t Au, in addition to a 485 K tonne stockpile @ 1.37 g/t. Gold recoveries during January averaged 231 ounces per day, at an expected cost below $290 per ounce. The company is accelerating mining to reach the southern part of the high grade HS zone by the third quarter of 2017.
  • United States Antimony Corp. reported production estimates for 2016 and 2015, which includes undisclosed figures from its Mexican operations. During 2016 the company benefited of the 46% antimony price increase from a low of $2.40 to $3.52 per pound by year end. During January 2017, 90 K Lb of Sb were shipped from two of its Mexican mines to the company’s Madero smelter. The alkaline leach plant has been tested, and the flotation mill is to begin test runs during February.

ON FINANCING

  • Almaden Minerals Ltd. closed a non-brokered private placement amounting $3.4 M. The proceeds are to be used to advance the Ixtaca deposit towards the completion of pre-feasibility studies, continue permitting work, continue exploration drilling, and for general working capital (Tuligtic, Puebla).
  • Galore Resources Inc. informed the company’s board of directors authorized management to proceed with a loan arrangement with a senior officer / director of the Company, whereby the Company will borrow USD$150 K. The Company is to settle also a CDN$51 K debt with a former related party by the issuance of shares (Dos Santos, Zacatecas).
  • Mammoth Resources Corp. is to proceed with a non-brokered private placement with the aim to accruing $150K to advance exploration activities on its Tenoriba property in Chihuahua.
  • Alix Resources Corp. announced the completion of the first tranche of a non-brokered flow through private placement for gross proceeds of $180.9 K, and additionally completed a non-brokered non-flow through private placement for gross proceeds of $395.7 K (Elektra, Sonora).
  • Alamos Gold Inc. has closed its previously announced deal offering for gross proceeds of US$250 M (Mulatos, Sonora; Esperanza, Morelos).
  • Fortuna Silver Mines Inc. completed a previously announced bought deal financing for gross proceeds of US$74.8 M (San José, Oaxaca).
  • Leagold Mining Corp. filed a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec, in connection with its proposed distribution of subscription receipts (to be converted into shares). The cash required for the $279 M payment for Los Filos mine purchase (in Guerrero) is expected to be raised from the net proceeds from the Offering and the net proceeds from up to $200 M of term loan credit facilities.

ON RESOURCES AND DEVELOPMENT.

  • Mexus Gold US. continues to place mined material on the heap, with the first three meter lift nearing completion. Cyanide leach is expected to begin by the end of March.
  • Almaden Minerals Ltd. released drilling results within and immediately outside the amended PEA pit, including potential new zones of veining, at its Tuligtic property in Puebla. Intersects include 41.45 m @ 1.52 g/t Au, 117 g/t Ag; 11.3 m @ 1.56 g/t Au, 132 g/t Ag, 32.55 m @ 0.72 g/t Au, 17 g/t Ag; 18.45 m @ 1.66 g/t Au, 59 g/t Ag; 8.05 m @ 3.59 g/t Au, 329 g/t Ag; 0.75 m @ 17.7 g/t Au, 1,350 g/t Ag; 17.9 m @ 1.62 g/t Au, 162 g/t Ag; 61 m @ 0.53 g/t Au, 82 g/t Ag. Some of the high grade intervals included within those broader intercepts are: 4.6 m @ 6.68 g/t Au, 565 g/t Ag; 5.15 m @ 3.16 g/t Au, 273 g/t Ag; 1.10 m @ 17.2 g/t Au, 920 g/t Ag; 0.5 m @ 16.85 g/t Au, 3,120 g/t Ag; 2.0 m @ 12.8 g/t Au, 1,136 g/t Ag).
  • Consolidated Zinc Ltd. presented definition drilling results on its Plomosas mine in Chihuahua. True width intercepts include 1.65 m @ 25.7% Zn, 10.5% Pb, 64 g/t Ag; 0.45 m @ 18% Zn, 16.7% Zn, 104 g/t Ag; 2.98 m @ 3.7% Zn, 1.9% Pb, 19 g/t Ag. Three tenement applications were filed to protect adjoining ground to the Plomosas operations.
  • Coeur Mining Inc. announced year-end 2016 reserves and resources, which includes figures on its Palmarejo mine in Chihuahua and the La Preciosa project in Durango. At Palmarejo and La Preciosa consolidated reserves and resources amount to 78.6 M Oz Ag, 1.087 M Oz Au and 118.6 M Oz Ag, 202 K Oz Au respectively.coeur-reserves-and-resources-20161-copia
  • Leagold Mining Corp. filed a NI 43-101 technical report on its Los Filos gold mine in Guerrero. The report describes the Los Filos mine operations, mineral reserves and resources, and a financial evaluation of the current mine. The M&I resources (inclusive of mineral reserves) stand at 422.5 M tonnes @ 0.85 g/t Au (11.479 M Oz Au) and 162 .6 M tonnes @ 0.76 g/t Au on the inferred resources category (3.995 M Oz Au). To the end of the third quarter 2016, the mine had produced 194 K Oz Au at AISC US$854 per ounce. “The Mine currently consists of two open pit mines, Los Filos and El Bermejal, an underground mine at Los Filos and the opportunity to develop an underground mine at El Bermejal as an expansion project. The open pit operation began commercial production in 2008. Gold is recovered from crushed and run-of-mine ore via a conventional, low cost heap leach process.”

ON DEALS AND CORPORATE ISSUES

  • Excellon Resources Inc. negotiated offtake arrangements for 2017 with two purchasers for its lead-silver and zinc concentrates, with material reduction (60%) in treatment and refining charges.
  • Plata Latina Minerals Corp. has formally entered into the option agreement with Fresnillo PLC respect the Naranjillo property in Guanajuato. Terms include an initial payment of US$400 K (paid), an aggregate US$1.65 M in five 6 month installments and US$500 K at the end of the term to acquire the property. Fresnillo must incur US$3.0 M in exploration expenditures over the term, and Plata Latina will retain a 3% NSR, of which 2% can be bought by US$1 M and the remaining 1% by US$5 M.
  • Colibri Resources Corp. announced that “trading in the shares of the company remains halted pending receipt and review of acceptable documentation regarding the Fundamental Acquisition of Canadian Gold Resources pursuant to Listing Policy 5.6 (d) of Exchange Policy 5.3.

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

On the picture below, quartz vein float on a rock fence in central Chihuahua, displaying silica banding, brecciation and re-sealing.

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Highlights on the First Week of February, 2017. Mineral Exploration in Mexico

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During the 5th week of the year (30th January to 5th February, 2017) at least 17 press releases were announced by companies working in Mexico, including three preliminary production reports for 2016 by New Gold, Americas Silver and Excellon. ON EXPLORATION, in Chihuahua one company presented drilling results from a property near Parral, and one other is to start a drilling program in the Sierra Madre. ON MINING, New Gold, Americas Silver and Excellon presented preliminary production results for 2016. In Oaxaca operations were suspended in a mine after a fatality, while at the same site high grade step-out drilling results were released. In Durango high grade drilling results were released on a mine that is seeing its water management system overhauled.  ON FINANCING, Three companies reported conducting financial operations, for a consolidated total of $2.75 M. ON RESOURCES AND DEVELOPMENT, high grade drilling intercepts step-outs were reported for mines in Mexico State and Durango.  ON DEALS AND CORPORATE ISSUES, a large property in Sonora with enticing exploration potential was optioned, and a small concession in the same area was sold. In Zacatecas the sale of a concession is now complete.

ON EXPLORATION

  • Kootenay Silver Inc. released results from the seven remaining drill holes on the 700 m long La Soledad structure, at its La Cigarra property in Chihuahua. The holes tested a 700-meter strike length of the La Soledad structure, which extends southward along strike from the La Cigarra silver deposit for a distance of approximately 2 kilometers. The latest results show the continuity of the structure, although at low silver values. “Follow up drilling on both the 3.8 kilometer RAM and 2.0 kilometer Soledad structures remain a priority for the Company, as does the drilling of known underlying high-grade mineral extensions on the La Cigarra silver deposit.”
  • Golden Goliath Resources Ltd. announced that drilling is to commence at its La Reforma property in the Uruachic district of Chihuahua, by optioner Fresnillo PLC.

ON MINING

  • New Gold Inc. presented 2016 production results, including figures from its Cerro San Pedro operations in San Luis Potosi. Cerro San Pedro finished active mining late in the second quarter 2016 and is now into residual leaching. During the year 64,993 Oz Au, 0.2 M Oz Ag were produced at cash cost $1,014 and AISC $1,045 per gold ounce. For 2017, Cerro San Pedro is expected to produce 35 -45 K Oz Au on its first year of residual leaching.
  • Americas Silver Corp. released production results for 2016, and guidance for 2017. At the Cosalá operations 500.5 K tonnes were milled @ 78 g/t, to produce 1 M Oz Ag, 10.5 M Lb Zn, 4.2 M Lb Pb, 1 M Lb Cu. At cash cost $7.79 and AISC $9.31 per silver ounce. The first exploration budget in four years envisages $2 M on targets at the San Rafael/El Cajón corridor and at the San Rafael 120 Zone. The construction of the San Rafael project began on late 2016, and is to be operational by the third quarter of 2017. Glencore has facilitated a low interest $15 M concentrate pre-payment to fund a portion of the development costs.
  • Gold Resource Corp. voluntarily halted operations at its Arista mine in Oaxaca, after the death of an employee in an accident involving heavy equipment inside the mine. “This accident follows a recent unrelated fatality of a worker employed by a narrow-vein mine contractor at the Arista Mine as a result of a ground fall event. The Company and the contractor immediately notified governmental authorities following the first accident, and the authorities’ initial investigation concluded there was no wrong-doing on the part of the Company or the worker.”
  • Excellon Resources Inc. presented 2016 production results for 2016 from its Platosa mine in Durango, where 53.2 K tonnes were mined and 55.6 K tonnes were milled @ 456 g/t Ag, 4.4% Pb, 5.7% Zn with recoveries of 90.5% Ag, 82.1% Pb, 80.2% Zn to produce 752.7 K Oz Ag, 4.43 M Lb Pb, 5.58 M Lb Zn. A water management system comprising a primary booster station and a couple more pumps is being implemented to create a “depression cone” that permits dry mining conditions. The system was successfully tested in the last quarter of 2016, and is expected to be fully operational on the second quarter of 2017.
  • Gold Resource Corp. announced additional step-out intercepts of the Switchback vein system at its Arista mine in Oaxaca. The two drill results released include 5.01 m @ 4 g/t Au, 66 g/t Ag, 0.5% Cu, 4.3% Pb, 5.9% Zn; 1.88 m @ 5.88 g/t Au, 63 g/t Ag, 0.9% Cu, 2.5% Pb, 7.9% Zn. The Switchback system now extends for 575 m along strike, 275 m more than at January 1st , 2017.

ON FINANCING

  • Alix Resources Corp. arranged a non-brokered private placement for aggregate gross proceeds of $250 (Elektra, Sonora).
  • Aura Silver Resources Inc. closed the second and final tranche of its non-brokered private placement for gross proceeds of $500 K in both tranches (Taviche, Oaxaca).
  • Almadex Minerals Ltd. announced a proposed non-brokered private placement to raise approximately $2 M (El Cobre, Veracruz).

ON RESOURCES AND DEVELOPMENT.

  • Excellon Resources Inc. released results from its surface and underground exploration program at its Platosa mine in Durango. To date 5,400 m have been completed from the 26,000 m program initiated on Q3 2016, focused on defining additional shallow mineralization near existing infrastructure. Intercepts include 2.4 m @ 686 g/t Ag, 4.7% Pb, 6.2 % Zn; 2.0 m @ 504 g/t Ag, 4.3% Pb, 7.1% Zn; 1.2 m @ 843 g/t Ag, 0.4% Pb; 3.0 m @ 795 g/t Ag, 9.2% Pb, 25.8% Zn.

ON DEALS AND CORPORATE ISSUES

  • Riverside Resources Inc. signed two agreements, consolidating the La Cecilia (formerly Cerro Magallanes) project in Sonora. Riverside signed an option to purchase agreement to acquire 100% interest in the three Cecilia-Margarita concessions from Gunpoint Exploration Ltd., with the following payment schedule: $10 K on signature, $15 K and 100 K Riverside shares on the filing of the agreement, $25 K and 200 K on the first anniversary, $75 K and 300 K shares on the third anniversary and $125 K and 400 K shares on the third anniversary. Additionally, Riverside purchased the Violeta concession from Millrock Resources Inc. for C$10 K and 100 K Riverside shares and a 0.5% NSR. The La Cecilia project comprises a felsic volcanic edifice/dome and numerous felsic dikes cutting through a Mesozoic sedimentary sequence. A low sulfidation epithermal system developed on the complex volcanic center, with gold related to structures and breccias and strong alteration. There are several target areas in the project, some of which have seen drilling by past operators with intercepts of up to 1.4 g/t Au over 30 m.
  • Arian Silver Corp. announced the sale of the Calicanto property in Zacatecas is now complete, having received the final US$400 K + IVA (VAT).

Content like what you have just read can be seen at https://gambusinoprospector.com/ and at LinkedIn’s Mexico Mineral Exploration Group.

On the picture below, quartz vein float in central Chihuahua, displaying lattice calcite replaced by silica, evidence for boiling in a low sulfidation epithermal system.

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Completion of Sale of Calicanto Project

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Click to access nr-2017-02-03-calicanto-sale-receipt.pdf

Arian Silver Corporation (“Arian Silver” or the “Company”) is pleased to report that, further to the Company’s press release dated 1 August 2016 announcing the sale of the Company’s 75 hectare Calicanto project, the assignment has now been finalised, and the cash consideration of US$464,000 has been received (US$400,000 + IVA). The Company remains committed to the acquisition and development of assets to enhance shareholder value together with the systematic exploration of its wholly-owned concessions within the state of Zacatecas, Mexico.

Aura Silver Announces Completion of Fully-Subscribed Half-Million Dollar Non-Brokered Private Placement

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/520-tsx-venture/auu/28885-aura-silver-announces-completion-of-fully-subscribed-half-million-dollar-non-brokered-private-placement.html

OTTAWA, ONTARIO–(Marketwired – Feb. 1, 2017) – Aura Silver Resources Inc. (TSX VENTURE:AUU) (“Aura Silver” or the “Company”) announces that it has closed the second and final tranche of its non-brokered private placement of units raising aggregate proceeds of $500,000 in both tranches (the “Offering”). A total of 14,285,714 units were issued to investors at $0.035 per unit.

Each unit consisted of one common share of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.05 per share for a period of 36 months following the dates of issuance (“Warrants”).

In connection with both tranches of the Offering, the Company has paid eligible finders cash commissions in the amount of $11,071 being 8% of the aggregate proceeds from the sale of units to purchasers introduced by the finders as well as issued an aggregate of 316,309 compensation options (each a “Compensation Option”), which is equal to 8% of the number of units sold to purchasers introduced by the finders. Each Compensation Option entitles the finder to acquire a unit (comprising a common share and a Warrant) at an exercise price of $0.05 and is exercisable for 36 months following the dates of issuance.

Gunpoint Grants Option on 100% Interest in La Cecilia Gold Project

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1462-tsx-venture/gun/28820-gunpoint-grants-option-on-100-interest-in-la-cecilia-gold-project.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 31, 2017) – Gunpoint Exploration Ltd. (“Gunpoint” or the “Company”) (TSX VENTURE:GUN) wishes to announce that it has entered into an agreement (“Option Agreement”) with Riverside Resources Inc. (TSX VENTURE:RRI) whereby Riverside Resources Inc. (“Riverside”) has been granted an option to acquire a 100% interest in Gunpoint’s La Cecilia-Margarita gold project (“La Cecilia”) located in Sonora State, Mexico.

In 2010, Gunpoint acquired La Cecilia from Chesapeake Gold Corp. (TSX VENTURE:CKG) together with three other properties for consideration that resulted in Chesapeake becoming a majority shareholder. Chesapeake currently owns 73% of Gunpoint. Located in northeastern Sonora state, Mexico, La Cecilia comprises three mineral concessions totalling 794 hectares and hosts epithermal gold mineralization in a rhyolite dome setting.

Millrock Sells Violeta Concession, Sonora, Mexico

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/574-tsx-venture/mro/28819-millrock-sells-violeta-concession-sonora-mexico.html

VANCOUVER, BC–(Marketwired – January 31, 2017) – Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) (“Millrock” or “the Company”) is pleased to announce that it has sold a concession named Violeta to Riverside Resources Inc. (TSX VENTURE: RRI) (“Riverside”).

Consideration paid by Riverside for the concession is $10,000 and 100,000 Riverside shares. Additionally, Riverside has granted a 0.5% Net Smelter Returns royalty to Millrock. The agreement is subject to approval by the TSX Venture Exchange.

Gregory A. Beischer, Millrock’s President & CEO commented: “This concession is favourably situated geologically and sits immediately adjacent to larger tracts of land that are known to host some interesting gold occurrences. In a larger, district play, Violeta could be a valuable block for Riverside. Millrock is pleased to now own some Riverside shares as we believe this fellow generative explorer will continue to succeed and that the shares will someday be much more valuable.”

Prospero Stakes Epithermal Vein System in Hidalgo State Mexico

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1003-tsx-venture/psl/27443-prospero-stakes-epithermal-vein-system-in-hidalgo-state.html

Prospero Silver Corp. (TSX.V: PSL) (“the Company” or “Prospero”) is pleased to announce that it has staked a high level epithermal vein system 85 kilometers northwest of Pachuca, Hidalgo State, Mexico; the closest town is Zimapan. Known as La Florida, the property covers 4,690 hectares.

The La Florida vein system is at least 3.5 kilometers long and strikes N70°W, dipping steeply to the SW. The property is located close to excellent infrastructure, and Hidalgo is one of the safest states in the Mexican Republic. The target area occurs within the western boundary of Sierra Madre Oriental where other proximal deposits such as Pachuca-Real del Monte, Zimapan, and La Negra are located.