Primero Mining announced results of recent drilling at its San Dimas mine in Mexico. Results indicate that the Victoria vein, discovered in 2012, extends into an adjacent ore block and that the Alexa vein, also discovered in 2012, continues west. These discoveries support the company's belief that this region has become a new nucleus of high-grade gold and silver mineralization capable of supporting future mining at the San Dimas mine. The company is systematically targeting mineralization located in close proximity to existing infrastructure along the prolific central corridor. The company's planned $15M 2013 exploration program includes 74,000 metres of diamond drilling, broken into 34,000 metres of exploration drilling and 40,000 metres of delineation drilling. In addition, the company is undertaking 3,800 metres of exploration drifting.
The dollar edged up, gold steadied and European shares held near five-year highs on Tuesday as investors look out …