Pan American Goldfields (OTCQB:MXOM) announced the latest results for the last two months of operation at its 80% owned Cieneguita project, Chihuahua, Mexico.
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Pan American Goldfields Ltd. (OTCQB:MXOM,FSE:OY1A) entered into a Second Amended and Restated Development Agreement with its partner Minera Rio Tinto SA (MRT) of Chihuahua, Mexico and Marje Minerals SA for mineral exploration, production and development of the Cieneguita Project.
Pan American Goldfields Ltd.(OTCQB:MXOM) announced the appointment of Audrey Koniuhov to its board of directors.
Pan American Goldfields Ltd.(OTCQB:MXOM) announced mineral production and revenues fro Q3, ending November 30th at its Cieneguita project. Third quarter production averaged 496 tonnes per day and from the first 15 meters of the Cieneguita resource.
Pan American Goldfields Ltd.(OTCQB:MXOM) announced the filing of a NI 43-101 technical report with SEDAR for its Cerro Delta project. The report was prepared for Pan American by Gustavson Associates. The Company plan to continue exploration at the Cerro Delta project up until April 2012. As quoted in the press release:
Pan American Goldfields Ltd.(OTCQB:MXOM) announced that it expects the Preliminary Economic Assessment on its Cieneguita project to be completed during Q2 2012. The Company also reported that hydrogeological, geotechnical and environmental baseline studies are all currently underway at the project.
Mr. Hernan Celorrio joins Board of Directors and Dr. Fedor Zhimulev appointed Chief Exploration Geologist of Pan American Goldfields Ltd. (OTCQB:MXOM).