La Compañía Minera Caopas, S.A. de C.V operaba de manera ilegal dentro de la Reserva de la Biosfera El Vizcaíno, una de las áreas naturales más extensas y con más riqueza natural de México.
GOLDCORP INC. today announced that President and Chief Executive Officer Chuck Jeannes will retire following the Company’s Annual General Meeting in April 2016. David A. Garofalo, currently President and Chief Executive Officer of HudBay Minerals Inc., will succeed Mr. Jeannes as President and Chief Executive Officer and will join Goldcorp’s Board of Directors.
Mexus Gold US announced today that Argonaut Gold notified the company that it will not exercise their option at the Julio/Santa Elena property. Argonaut explained that the uncertainty with the price of gold is challenging exploration budgets. This, along with the obligations of $5,000,000 in drilling and mapping, $950,000 payable to Mexus to continue the JV, and a 20% fully carried contract were all factors in their decision . To date it is estimated that Argonaut has spent upwards of $500,000 in drilling, mapping and other associated costs. They also added that in better economic times the company would have exercised the JV option.
Guerrero plans to drill approximately 4,500 meters of core at the Hornfels Hill, Punto Rojo, and La Curva prospects, following up on targets drilled in 2014 in addition to testing several other targets that were identified by geophysics but not drilled in 2014. The current program will test the upper Morelos Formation and is employing 3 man-portable rigs and 1 track rig.
Candente Gold Corp. announces the resignation of Dr. Peter Megaw from his position as Independent Director as of November 26th, 2015 for personal reasons. Dr. Megaw has been a dedicated member of the Board of Directors of Candente Gold Corp since the Company was started in 2009 and prior to that a dedicated member of the Board of Directors of Candente Resource Corp since 2005 and we thank him for his valuable service. Dr. Megaw will remain associated with the Company in the capacity of Consultant which given his extensive knowledge of gold exploration in Mexico we consider to be extremely valuable.
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.
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.
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