- Candelaria Mining Closes $1,059,261 Private Placement Financing April 3, 2020
- Sable Resources Ltd. Announces Change in Director and Grant of Options April 3, 2020
- First Majestic Provides Update on Operations in Response to COVID-19 April 3, 2020
- How You Can Help Mexico Recover From COVID-19 April 3, 2020
- Cómo Puede Ayudar a México a Recuperarse de COVID-19 April 3, 2020
- Minera Alamos Receives $5,000,000 from Santana Royalty Closing April 3, 2020
- Southern Silver Announces Acquisition of El Sol Claim; Corporate Update April 3, 2020
- Orla Mining Announces Closing of C$75,030,000 Bought Deal Financing April 3, 2020
- Grupo México Cumple Medidas Frente a la Pandemia de COVID-19 April 3, 2020
- Great Panther Announces Temporary Suspension of Mexican Operations April 2, 2020
- Mithril Resources Limited – COVID-19 Impact Update April 2, 2020
- Energold Completes Restructuring, Operations Emerge from CCAA April 2, 2020
The claim is situated contiguous with Southern Silver’s Cerro Las Minitas mineral property, operated as a joint venture between Southern Silver and Electrum Global Holdings LP.
Advance Gold Intersects 1.25m of 5.00% Zinc, 2.79 Lead, 12g/t Silver at Tabasquena Project in Zacatecas, Mexico
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Drill hole 13 has been a significant breakthrough for the company. In addition to high-grade zinc, we have now identified a new geological unit, a black slate, that we hit for the first time. The black slate unit contains the most sulphides discovered to date in the drilling at Tabasquena.”
Prime Mining Announces Measured and Indicated In-Pit Oxide Mineral Resource of 19.8 Million Tonnes Containing 833,000 Gold Equivalent Ounces at 1.31 gpt at Los Reyes Project, Mexico
“We are very pleased with these results and the major increase in potential open pit material”, said Prime COO Gregory K. Liller. “The successful Prime sampling program, started in September 2019, allowed us to evaluate the tonnage and grade in areas between the unsampled outcrop and the drilled subsurface. The sampling program confirmed our belief that the mineralized zones are substantially wider than previously modeled. We believe our planned 2020 exploration program will build on this success with emphasis on three target efforts: 1) down dip and along strike in the pit areas; 2) between pits to connect them together; and, 3) the remaining 60% of Los Reyes’s undrilled structures where outcrop grab samples are similar to sample results in the Updated Resource.”
Golden Minerals President and Chief Executive Officer Warren M. Rehn remarked, “The Velardeña mines now present an attractive scenario for a potential restart. The most difficult challenge we previously faced at the Velardeña mines was the low payable gold recovery, a challenge which we believe is solved with the addition of a relatively low-cost bio-oxidation circuit at our existing processing facility.”
GR Silver Mining Reports High-grade Underground Sampling Results at Plomosas, Including Assays up to 6,128 gpt Ag over 0.2 Meters
GR Silver Mining President and CEO, Marcio Fonseca, commented, “It is very encouraging to receive the first high grade silver and gold results from our ongoing underground channel sampling at the San Juan area. This area is one of our six priority areas for resource estimation at the Plomosas Project in 2020. We continue to rehabilitate the underground workings at San Juan to facilitate further sampling along the strike of the mineralization and in the lower levels.”
Evrim Resources Corp. is pleased to announce an update to the gold-silver resource on the Ermitaño Project in Sonora, Mexico. Property owner First Majestic Silver Corp. announced a 15% increase in grade and a 345% increase in contained silver-equivalent ounces in the indicated resource for year-end 2019 compared to the 2018 indicated resource.
“Our team at Parral has successfully adapted agglomerated heap leaching to old mined waste at Parral, and the SART is a further optimization of this innovation. The operation produces low cost gold and silver ounces while providing environmental remediation for the town of Parral. We see this expertise which we’ve developed over the last 6 years of operation as a real asset to the Company that may be applicable to the millions of tonnes of mined waste in Mexico and beyond,” said Brad Langille, President and CEO.
Sierra Metals Increases Mineral Resources Versus its December 2019 Announcement and Updates the Mineral Reserve Estimate for its Bolivar Mine, Mexico
Igor Gonzales, President and CEO of Sierra Metals Inc. commented: “We are excited about the significant increase in Bolivar’s mineral resources from additional work completed in the past three months, since our year-end 2019 mineral resource update.
The Company intends to use the proceeds of the Private Placement for general working capital. All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring on August 04, 2020, in accordance with applicable securities laws.
Sable Resources Ltd. announces the resignation of Don Njegovan as a Director of Company. The Company thanks Don for his service as a Director over the past three years and wishes him the best in his future endeavours. Ruben Padilla has joined the Board of Directors effective immediately.
FIRST MAJESTIC SILVER CORP. today announced that operations at its San Dimas, Santa Elena and La Encantada mines in Mexico will be temporarily suspended in accordance with Mexico’s Ministry of Health’s Decree to mitigate the spread and transmission of COVID-19.
The Globexplore Team would like to reach out to you during these extremely challenging times. Everyone reading this should be proud to contribute their small part to the great importance the Mining industry provides to the well-being and future of our society.
El equipo de Globexplore desea contactarte durante estos tiempos extremadamente desafiantes. Todo el que lea esto deberá sentirse orgulloso de contribuir, aunque sea en pequeña parte, a la importancia que la industria minera brinda al bienestar y al futuro de nuestra sociedad.
Doug Ramshaw, President, stated, “The strength of our partnership with Osisko has never been more clearly demonstrated than by their continued financial support during the current global uncertainty in equity markets. We remain fortunate we can access their financial and technical resources that allow us to remain on track to transition to gold producer in late 2020. Currently, our current working capital remains sufficient to execute our previously announced construction plans at Santana.”