Month: June 2017

Torex Delivers Very High Grade Sub-Sill Ore to the Processing Plant

Fred Stanford, President & CEO of Torex stated: “Going from discovery to first tonnes processed in less than eight months is a testament to the planning ability and the execution skills of our team. The quality of the asset speaks for itself. Infill and step-out exploration drilling programs for the Sub-Sill are ongoing. A mine plan is expected to be published after the infill drill program is completed, the resource estimate is updated, and a maiden Sub-Sill reserve is determined. This is all scheduled to occur by the end of the year.”

Santacruz Silver Announces Agreement to Consolidate 100% Ownership of the Veta Grande and Minillas Mineral Properties

“The Veta Grande and Minillas properties together with our Zacatecas properties represent one of the largest and most historically important land packages within the Zacatecas mining region, and we are very pleased to have this agreement in place which gives us the opportunity to consolidate our mineral interests in the area.” stated Arturo Préstamo, President and CEO of Santacruz. “This is another important step in our plan to expand our Zacatecas operations into a larger district play, and we look forward to its continued development as part of Santacruz’s transition into a mid-tier Mexican silver producer.”

Mexican Gold Announces 3,000 Metre Diamond Drilling and Field Exploration Program for Las Minas Project

Brian Robertson, President and CEO, stated, “The exploration program is focused on three high priority mineralized zones at Las Minas. The program combines a geophysical survey with expansion and discovery diamond drilling and preliminary field exploration work. We believe the program will expand the resource at El Dorado – Juan Bran and lead to the discovery of new zones of mineralization at both Cinco Senores and Santa Cruz. The Pueblo Nuevo concession, with its numerous historical high-grade mines, is a high–priority target area.”

Endeavour Silver Releases 2016 Annual Review and Sustainability Report

Endeavour Silver Corp. announces the release of its 2016 Annual Review and Sustainability Report entitled “Sustainability and Growth”. This marks the fifth consecutive year the company has reported on its sustainability initiatives, including the last four under the GRI G4 sustainability reporting framework.

Riverside Resources and Centerra Gold Complete Pitaya Target Drilling at The Glor Gold Project in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “Given the trench sampling intervals gave disseminated gold values in the range of 0.5-1 g/t Au at the Pitaya Target, we are surprised that this initial drill campaign didn’t manage to replicate these results. We’ve been mapping and sampling the larger Glor tenement finding numerous areas with gold and remain positive on the Project’s potential. So far we’ve developed five target areas and have only trenched and drilled one. The four additional target areas will be field sampled and worked on in the coming months to determine if another drill program will be pursued.”

Great Panther Silver Confirms Continuation of Gold-Silver Mineralization at San Ignacio Mine

“We are encouraged by the continuation of mineralization to the southeast of our mine workings, with the Plateros vein locally exhibiting very high grades, particularly in gold,” stated Robert Archer, President & CEO.  “The results of our exploration drilling have given us sufficient confidence to commence drifting in that direction to further evaluate and delineate these zones from underground.”

Santacruz Silver Discovers Mineralized Vein Cross Cutting Membrillo Structure

“This is a very exciting development for Santacruz,” stated President and CEO Arturo Prestamo. “Not only does the San Rafael vein potentially provide a new source of feed for our Rosario mill facility, at some of the highest grades that the Company has ever assayed in the area, but there are three other areas on the Rosario property where similar E-W post mineralized structures have been identified, but have never been systematically evaluated. The NW-SE veins have been the predominant focus of most historic exploration but with the discovery of the San Rafael vein, Santacruz will broaden its exploration focus to evaluate the E-W structures on both the Rosario and Membrillo veins.”

Colibri Resource announces AGM and Special Meeting results

Colibri Resource Corporation announces the results of its Annual and Special Meeting held on June 15, 2017. Of the shares voted, more than 99% were in favour of all management resolutions proposed in the Company’s Information Circular.

Mysterious hacker linked to attacks on Canadian miners, casinos

“They’ve proven to be very effective at breaking into organizations, they are in our opinion the most destructive threat actor to hit Canada, to date,” says Charles Carmakal, the Washington D.C.-based vice-president with cybersecurity researchers Mandiant, a subsidiary of FireEye Inc.

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.