Month: September 2015

GoGold Drills 8 Metres of 18.71 g/t Gold from Surface at its Santa Gertrudis Gold Mine Mexico and Commences Exploration on Viviana Fault

GoGold Resources Inc. is pleased to announce that Santa Gertrudis continues to deliver numerous high grade gold intercepts in the proposed open pit zones at the Santa Gertrudis Gold Mine in Sonora, Mexico. Holes reported below on the Viviana Fault structure have not been included in the previously released resource study. The company is continuing to advance Santa Gertrudis to reestablish gold production at the mine. The highlight of the new holes drilled include GGDOR-016 which intersected 17 metres of 5.35 g/t gold in the Dora Pit; GGGR-005 drilled at the Greta Ontario zone starting at surface of 8 meters of 18.71 g/t gold including 5 metres of 29 g/t gold; and GGCNW-004 in the Corral pit of 13.7 Metres of 3.22 g/t gold…

Avino Commences Concentrate Shipments Under Samsung Agreement

“We are pleased to report the first shipments of concentrate under the agreement with Samsung are now underway. These shipments represent significant operational and corporate milestones and we expect them to be the beginning of an exciting new chapter in Avino’s growth and development.

Azure Minerals Ltd. – Alacran Silver Discovery Enhanced by More High Grade Sampling Results

• Mineralised strike length extended to the north for a further 200-250m, now
up to 900m
• Area of outcropping silver mineralisation is estimated at 160,000m2
• Outcrop sampling returns high grade silver assays, including 489g/t Ag,
152g/t Ag & 137g/t Ag
• Mineralisation is contained in the same rock unit as the nearest drill
intercept: LM-09: 9m @ 1,235g/t Ag from 3.0m depth

Fresnillo has Completed $6 Million Investment in the Coneto Project with Orex

Orex Minerals Inc. is pleased to announce that project partner Fresnillo PLC, has confirmed that they have met the exploration expenditures of the Second Investment Option stage on the Coneto Gold-Silver Project in Durango, Mexico. The project will proceed as a joint venture, with ownership of 55:45 % between Fresnillo and Orex.

Morro Bay Closes Private Placement Financing

Morro Bay Resources Ltd. is pleased to announce it has closed its Private Placement previously announced July 29, 2015. The Private Placement consists of the issuance of a total of 2,775,652 Units at a price of $0.05 per unit for gross proceeds of $138,782.57.

Minera Alamos Inc. Initiates Ore Sorting Test Work

Minera Alamos Inc. today provided an update on test work currently underway in their evaluation of sensor-based ore sorting techniques for its 100% owned Los Verdes copper-molybdenum project in Sonora, Mexico.

Colibri announces effective date of share consolidation

Colibri Resource Corporation is pleased to announce that further to receipt of the required shareholder and TSX Venture Exchange approval, the Company intends to implement its previously announced proposed share consolidation of all of its issued and outstanding common shares on the basis of one post-consolidation share for every fifteen pre-consolidation Shares.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.