BROOMFIELD, CO, March 22, 2010 -- Mexoro Minerals Ltd (OTCBB: MXOM) (the "Company") today announced that it has attained full commercial production operations at its Cieneguita gold mine and mill in Chihuahua, Mexico.
Mexoro Minerals Ltd closed at $0.49 Friday, trading 8,200 shares.
Mexoro Minerals Ltd announces operations update at the Cieneguita Gold ProjectAbout Mexoro Minerals
Pan American Goldfields/Mexoro Minerals is a Chihuahua, Mexico based gold producer and exploration company. It is a specialist in exploration, mine development and production in Mexico's booming Sierra Nevada Gold Belt. The company's most advanced project is its now producing Cieneguita Gold Mine where a feasibility study to significantly increase the mine's already growing production profile is underway. Pan American is a well capitalized junior gold producer as cash flow from its gold production and cash on hand funds its current exploration programs are now underway at Cieneguita South, Piedras Blancas, and Sahuayacan as well as at the Encino Gordo Project.
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PHOENIX, AZ, March 22, 2010 -- Bonanza Goldfields Corp (OTCBB: BONZ) announced today that it is half way through its extensive 3000 feet of trenching program of their two unpatented placer claims (320 acres) located in the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains.
Bonanza Goldfields Corp closed at $0.064 Friday, trading 3,333,598 shares.
Bonanza Goldfields half way through trenching program
About Bonanza Goldfields Corp.
Bonanza Goldfields Corp. engages in the acquisition, exploration and development of natural resource properties in the United States, primarily in the State of Arizona. The Company owns the mining rights to two unpatented placer claims in the Black Rock Basin (BRB), located on 320 acres of BLM ground in the southern part of the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains. Over the past two years, Bonanza has taken over 400 soil and rock chip samples from the BRB claims. Prior samples indicate gold up to 0.10 oz per ton, silver up to 7 oz per ton, lead over 20% and zinc over 30% per ton with some copper. For more information on Bonanza Goldfields Corp., please visit www.bonanzagoldfields.com
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