Month: September 2017

Chesapeake Updates Yarely Regional Exploration Program

“The grassroots exploration program at Yarely this year continues to expand the scalability of the camp” states, Randy Reifel, President. “Several significant prospects are being advanced and will be systematically drill tested. A greenfield discovery in this district would greatly impact and provide leverage for Metates future development”.

Maverix Metals Files Final Base Shelf Prospectus

The Prospectus will allow Maverix to offer up to C$200,000,000 of common shares, subscription receipts, units and warrants from time to time over the 25-month period that the Prospectus, including any amendments thereto, remains effective.

Oroco Announces Exploration Contract with Auracle Geospatial

“We are very pleased to work with such a uniquely capable remote sensing company,” commented Craig Dalziel, Oroco President & CEO. “Auracle is an ideal choice for Oroco given Auracle’s unique scientific expertise along with their first-priority data acquisition relationship with satellite operators MDA and DigitalGlobe. The custom program Auracle has developed for Oroco offers a highly cost-effective method in prioritizing exploration targets with exceptional accuracy. Combining our geological team with Auracle’s proprietary data fusion algorithms presents an ideal opportunity for Oroco to effectively expedite its exploration and acquisition plans.”

Southern Silver Exploration Drills 6.8 Metres of 194 g/t Ag, 0.8 g/t Au, 4.4% Pb, and 2.0% Zn (480g/t AgEq; 13.6% ZnEq) at Cerro Las Minitas Project

President Lawrence Page, Q.C. stated that, “Our exploration team has excelled in advancing the Cerro Las Minitas project this year through the discovery and delineation of an additional deposit which is open for further exploratory and definition drilling. We are very keen to soon receive a current Resource Report which will be accretive to the March 2016 Report and will incorporate data from the +13,000 metres of additional drilling completed in 2017.”

Alset Appoints New Director to Lead Business Development in Mexico

Alset Minerals Corp. is pleased to announce that Gilberto Zapata Castaneda, a Mexican mining entrepreneur based in Zacatecas, Mexico, is joining the Alset board to lead business development efforts in Mexico. Gilberto Zapata Castaneda has an accounting degree, MBA, and has been active in the mining industry in Mexico throughout his career.

Discovery Metals Solidifies Management Team With Addition of Peter Drobeck as VP Exploration

Discovery Metals Corp. is pleased to announce the appointment of Peter Drobeck, P.Geo., as Vice-President of Exploration. Mr. Drobeck is an exploration geologist with over 35 years’ experience working in all phases of exploration from grassroots discoveries, to brownfields and mine exploration. He has also led substantial business development programs. Most recently Mr. Drobeck served as Consulting Geologist for Sibanye-Stillwater, directing exploration programs at the Altar project in Argentina. He has also recently served as Founder and President of Puno Gold Corporation, a Peruvian gold-copper explorer, which was acquired by Miramont Resources Corp. in 2017.

Riverside Resources and Centerra Gold Develop New High-Grade Gold Drill Targets at The Glor Project in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside is pleased to be working with partner Centerra Gold to develop new high-grade gold targets at the Glor Project. We look forward to moving toward a drill decision and appreciate the rapid and collaborative efforts between Riverside and Centerra geologists. We expect to have an active fall field program at Glor and continue outlining additional targets in anticipation of potential drilling before year-end.”

Excellon Drills 2,255 g/t Silver Equivalent Over 11.1 Metres At Platosa

“These remarkable results confirm our belief in Platosa’s potential and our ability to use targeted exploration to add high-grade mineralization to the mine plan,” stated Ben Pullinger, Vice-President, Geology. “We have delineated a sizeable new zone of mineralization near existing mine workings that connects and expands the high-grade 623 and Guadalupe South mantos and which may be accessed before the end of the year.”

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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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.