Day: October 25, 2016

Capstone Mining Reports Third Quarter Net Income of $11.2 Million

“Operating performance in the third quarter continued to be very strong, setting throughput records at both Pinto Valley and Minto,” said Darren Pylot, President and CEO of Capstone. “In addition, we received the benefit from a full quarter of processing high grade Minto North ore.”

KOOTENAY ANNOUNCES RESULTS FROM FIRST 11 HOLES OF DRILL PROGRAM ON LA NEGRA BEING CONDUCTED AND OPERATED BY PAN AMERICAN SILVER CORP. Highlights Include 363 gpt Silver over 44.5 Meters including 720 gpt Silver over 19 Meters

Kootenay President and CEO James McDonald states: “We are very pleased with Pan American’s work and the results to date from the first 11 holes of the program. The confirmation of multiple high-grade intercepts of silver mineralization at depth is a significant development and further indicates potential for the silver resources to be amenable to both open pit and underground exploitation. We are also very pleased that based on the encouraging results achieved to date, Pan American is extending the program by a full 2,000 meters until the end of the year.”

MX Gold Corp. Acquires Near Term Gold Production in Mexico

MX Gold Corp. is pleased to announce a binding agreement with Gracepoint Mining Corp., a subsidiary of Firma Holdings Corp. to acquire a 50% interest in the Magistral, Del Oro tailings project, which is located within the “Golden Triangle” in Santa Maria Del Oro, Durango, Mexico.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.