Month: September 2014

Arian Silver gives financing update

Arian Silver Corporation reports that discussions to fully fund the company’s flagship San Jose silver project continue to progress.

Congreso de Sonora quiere a Grupo México fuera de ciudades

El pleno del Congreso de Sonora aprobó por unanimidad, enviar un exhorto al Gobierno Federal para que solicite a Grupo México que retire las vías del tren de la subsidiaria Ferromex de municipios del estado, donde vagones cargados con químicos altamente tóxicos atraviesan zonas densamente pobladas.

Cyprium Mining Corporation intersects High Grade massive sulphide veins at Las Cristinas

* Intersects high grade massive sulphide veins
* Includes 1.30 m interval at 9.5% Cu and 35 g/t Ag and 0.50 m interval at 12.1% Cu and 1 g/t Ag
* Results support the company’s initial decision to start underground exploration program and production later this year
* Includes intervals of 12.2 m at 1.4 % Cu and 4 g/t Ag and 10.8 m at 1.4% Cu
and 5 g/t Ag
* Includes intervals of 4.55 m 3.0% Cu and 17 g/t Ag, 5 m at 3.2% Cu and 14 g/t Ag and 2.65 m at 3.0% Cu and 12 g/t Ag
* Evidence of enrichment at depth to be tested as part of the second phase of drilling
* Permit application for underground exploration program and production submitted to SEMARNAT (Secretariat de Medio Ambiante y Recursos Naturales of Mexico)

Bacanora Minerals Ltd.: Expansion Plans for the Sonora Lithium Project

BACANORA MINERALS LTD. is pleased to announce that it will commence a significant drilling and exploration program in early November and is working with several key industry consultants to design a full scale lithium plant and mining operation, capable of up to 50,000 tonnes per annum of lithium carbonate equivalent to complement the already defined indicated resource of 3.26 million tonnes of LCE on the Sonora Lithium Project.

Mexus Updates Shareholders on the Santa Elena/Julio Property and Ongoing Negotiations

Mexus Gold US confirmed today that the plan for the Santa Elena/Julio property is to move forward with a placer and underground mine operation. The placer move has already been approved but in order to proceed with underground mining the company must obtain a blasting permit. On September 20, 2014 CEO Paul Thompson and VP Julio Baltazar met with representatives from Hanka, an industrial provider of explosives. Hanka will provide knowledge and support as the company pursues this permit. The company hopes to submit for this permit in the next week.

New Gold Announces Appointment of Chief Operating Officer

New Gold Inc. is very pleased to announce the appointment of David Schummer as Executive Vice President and Chief Operating Officer. Mr. Schummer joins New Gold having spent 22 years at Newmont Mining Corporation moving into progressively more senior operating roles, ultimately becoming the Senior Vice President of African Operations. While running Newmont’s African division, Mr. Schummer’s responsibilities included management of the successful development and start-up of the $1 billion Akyem open pit project, which was delivered on time and on budget, as well as the operation of the Ahafo mine which produced over 500,000 ounces of gold in 2013. Prior to his time in Africa, Mr. Schummer was Newmont’s Vice President of North American Operations where he managed a group of eight operating mines, including both open pit and underground operations, which collectively produced approximately two million ounces of gold annually.

La caída del precio de la plata opaca proyectos en México

En sólo tres años, el precio internacional de la plata pasó del cielo al suelo, pues en marzo de 2011 llegó a USD 48.8 la onza y en septiembre de este año cayó a USD 17.7, por lo que de continuar la tendencia, algunos de los proyectos mineros a futuro en México podrían retrasarse.

Oretest is a mining exploration drilling contractor based in Mazatlán, Sinaloa, México. The company is managed by Bart Forsyth, with 36 years of extensive drilling experience on most continents with major companies. The company takes great pride in providing high-quality services while making safety a priority. Maintenance, cleanliness, precision and proper drilling habits makes a good safety environment and produces results.
Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.