Day: May 15, 2017

Mexican Gold Announces High- Grade Intersection Indicative of Potential Parallel Zone at Las Minas

Diamond Drill Hole LM-17-CS-04 Cuts 15.98 g/t Au Eq. over 2.0 Metres

Brian Robertson, P. Eng., Chairman, President & CEO stated, “We are excited about these recent additional drill results at the Cinco Senores target. The results combined with previous drilling and sampling as well as the presence of extensive historical mine workings at the site, are indicative of a potential parallel zone at Cinco Senores.”

Alta Vista to change name to Global UAV Technologies Ltd.

Alta Vista Ventures Ltd. announces that the Company’s Board of Directors has approved a change of name to Global UAV Technologies Ltd. The shares will commence trading on the Canadian Securities Exchange under the new name on May 17, 2017. The Company’s trading symbol will remain as UAV.

Alset Minerals Intersects Brine In New Wells At La Salada Salar, Zacatecas, Mexico

Allan Barry Laboucan, President and CEO of Alset said: “We are making good progress towards an assessment of the potential of our salars in Mexico. Historic data indicates the presence of lithium and potassium (amongst others) in soils. The current drilling program will generate our own data regarding the composition of both brines and soils that exist in the salar and the potential to recover lithium (and potentially by-products such as potassium). Whilst the demand for lithium is well documented, the Company is very aware of the importance of fertilizer to Mexico, a country with a large farming industry comprised of mostly small farmers who cannot afford imported fertilizers. We are therefore very excited about the potential that a by-product from our lithium focus may become a domestic source of fertilizer chemicals. We are continuing to drill and will submit more samples for testing and look forward to reporting these results as we receive them.”

SilverCrest Metals Begins Trading on the OTCQX® Market

N. Eric Fier, President and CEO of SilverCrest Metals stated: “We are excited about moving to the OTCQX market and it is an important step forward for us as we continue our efforts on increasing awareness, visibility and liquidity for the Company. We believe it will provide us with an opportunity to expand our current U.S. shareholder base and a better trading platform for the investors in general.”

Kootenay Silver Commences 7,500 Meter Drill Program at La Cigarra Silver Project, Mexico

States Kootenay President and CEO James McDonald “We are very pleased to initiate our next drill and resource expansion program at La Cigarra. We believe that results from past drilling in this priority region of the property, combined with supporting data from recent exploration, clearly underscores La Cigarra’s immense potential for further resource expansion in 2017 and we look forward to exploiting that opportunity.”

Geologix to Carry Out $1,002,000 Unit Private Placement

Geologix Explorations Inc. is pleased to announce it intends to carry out, subject to approval of the TSX Venture Exchange, a private placement of up to 16,700,000 units at $0.06 per unit for proceeds of up to $1,002,000. Each Unit will consist of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant will entitle the purchase of one common share for three years at a price of $0.10.

Silver Spruce Resources adds VMS Expertise to Board

Silver Spruce Resources Inc. is pleased to announce the appointment of Greg Davison, MSc, PGeo to its Board of Directors. Mr. Davison is a professional consulting exploration geologist, project manager and ore mineralogist with thirty-nine years of practical field, commercial laboratory and management experience in diverse geological settings. Mr. Davison has expertise in ore geology, process mineralogy, property evaluation, bulk sampling and pilot process operations. He has contributed to the development of exploration properties, ore deposits and mines in Canada, United States, Mexico, Greenland, Russia, Central and South America, Africa, Middle East, Asia and Australia.

Levon Starts the 2017 Cordero Resource Infill Drilling Campaign to Begin Testing for Improved, Near Surface Grades of Ag, Zn, Pb, Au and the Youngest Rhyolites for Au

Levon is pleased to announce the startup of the 5,000 m core drilling campaign at the Cordero Ag, Zn, Pb, Au discovery, 35 km north of Hildalgo Del Parral, Chihuahua, Mexico, previously announced by the Company on April 4, 2017. 200 m core holes are planned to infill drill a central part of the 2014 resource to explore for improved near surface resource grades. The holes are being drilled in the Cordero Felsic Dome Complex (central) portion of the resource that spans four host igneous intrusive centers. If the drilling is successful, results can improve the projected economics of a starter open pit being evaluated by Independent Mining Consultants, Tucson, Arizona.

Mexus Gold US – Santa Elena Project Update

The project continues as expected with the usual growing pains for an expanding miner. Our joint venture and operating partner for the project, MarMar Holdings, has made consistent and steady progress at the mine site. To date, MarMar has constructed two holding ponds, a heap leach pad, performed an initial blast of a quartz vein, started a cyanide drip system on the heap leach pad, and started the Merrill Crowe recovery system. In addition, they also performed a test smelt and produced a small amount of dore using precipitate from the Merrill Crowe plant. These accomplishments are significant and show a determination to bring this project into full production.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.