Day: October 2, 2017

Southern Silver Closes Final Tranche of Financing

Southern Silver Exploration Corp. has closed the final tranche of its previously reported private placement by issuing 1,254,500 units at a price of $0.40 per unit for gross proceeds of $501,800.

Purchase of SDA Mill Expected to Close in October

“Acquisition of the SDA Mill will transform Magellan into a production company and will be an exciting development for our shareholders,” stated CEO Pierce Carson. “Our strategy following the acquisition will be to resume processing operations, build production and increase cash flow.”

Incendio en Mina de Coahuila Deja 4 Muertos

Al menos cuatro personas sin vida fue el saldo de un incendio parcial en la mina La Encantada de la empresa First Majestic Silver Corp en el municipio de Ocamp, Coahuila.

Riverside Resources Partner Commences Drill Program at the Clemente Project in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “We are pleased to see partner funded drilling commence at Clemente and look forward to the results and potential for new discoveries at the Project. Riverside is a Silver Viper shareholder and will receive additional cash and share payments if the option agreement progresses towards earn-in, with Riverside also retaining a 2% NSR on the Project.”

Silver Viper Mobilizes Diamond Drill to Clemente Project

“We are extremely excited to begin exploration on a target-rich project that has never been drilled before. We have a great technical team in place and look forward to developing our understanding of the Clemente project through our maiden exploration program, ” said Steve Cope, CEO of Silver Viper.

U.S. Antimony Reports Plans to Increase Mexican Mine Production

United States Antimony Corporation reported plans to increase Mexican mine production at three of its four mines in the next 30 days. USAC production is in a “sold out condition” and additional raw material is needed for the USAC smelter at Madero, Coahuila, 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.

All News

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.