Month: May 2018

Almaden Exploration Drilling Hits 26.00 Meters of 1.93 g/t Gold Including 1.00 m of 27.50 g/t Gold Approximately 1.2 km South West of PFS Pit at the Ixtaca Project Mexico

J.D. Poliquin, chairman of Almaden stated, “These further results demonstrate the potential for an important new mineralised zone well outside of the PFS pit and resource area. These results also show the potential for further discoveries within the project area and for the Ixtaca mine plan to grow with continued exploration. Ongoing drilling will continue to seek more such zones even as the engineering work and the Feasibility Study progress.”

Colibri Resource Corporation Announces Second Batch Results from Drilling at Pilar Gold Project

Colibri Resource Corporation (CBI: TSX-V) wishes to announce assay results from 16 more holes completed on its Phase 1 reverse circulation drilling program on its 100% owned Pilar Gold Project in Sonora, Mexico. Results include an intersection of 5.37 grams per tonne Au over an intersection length of 3.0 meters in hole JES-18-19 which was part of a longer intersection of 40.5m of 0.73 g/t.

Santacruz Silver Reports First Quarter 2018 Production Results

“During Q1 of 2018 management focussed activities on aggressively developing the Veta Grande main ramp in order to access in situ mineralized material from Q3 onwards. This strategy has resulted in lower head grades and reduced metal production for the short run but will pave the way for achieving targeted production for Q3 and beyond.” stated Arturo Prestamo.

Excellon DrillS 3,428 g/t Silver Equivalent Over 10.2 Metres At Platosa

Excellon Resources Inc. (TSX:EXN, EXN.WT, EXN.WT.A; OTC:EXLLF). “As with our previously announced results, drilling underground continues to increase our confidence in the resources and expand our footprint at Platosa,” stated Ben Pullinger, Senior Vice-President Geology. “Definition drilling ahead of current mine workings allows for continued de-risking of future production allowing for better visibility on planning. In particular, the widths intersected in the Pierna Manto are better than expected or predicted in the current resource model.”

Zacatecas busca innovar con la Reunión Internacional de Minería 2018

Del 6 al 8 de junio, en las instalaciones del Centro de Convenciones de Zacatecas se realizará la Expo Minera, donde se abordarán temas técnicos en materia de explotación de suelos, y se dará paso a un encuentro entre inversionistas que permitan abrir oportunidades de negocios entre las empresas especializadas. En este evento participará la Embajada de Australia en México, e industrias mineras de Chile, España y Suecia que propiciarán el contacto con el capital mexicano.

53.8g/t Gold & 2.82% Cobalt Drilled at Sara Alicia

Azure Minerals Limited (ASX: AZS) is pleased to advise that followup diamond drilling has intersected additional high-grade gold and cobalt mineralisation on its 100%-owned Sara Alicia project, located in Sonora State, Mexico.

Minaurum Closes Oversubscribed $7M Private Placement

Minaurum Gold Inc. is pleased to announce that it has closed the final tranche of its previously announced oversubscribed private placement raising $1,382,248.35. Minaurum has now raised total gross proceeds of $7,084,747.80.

American International Ventures Inc. Wholly Owned Subsidiary Geoenergy Usa, Inc. Acquires International License

American International Ventures, Inc. (OTC PINK: AIVN), on May 22, 2018, American International Ventures, Inc.’s wholly-owned subsidiary, GeoEnergy Inc., was issued an international license to develop and construct coal to liquids plants in Indonesia. The license further permits construction of two domestic plants in West Virginia and Kentucky. This licensed technology is covered by recent United States Patent No: 9,845,431 B2 as developed by Quantex Research Corporation, a Canadian Company.

Prime Meridian Resources Corp. – New Resource Transaction

Prime Meridian Resources Corp. (TSXV Symbol: PMR) is pleased to announce that further to its News Release of March 13, 2018 the Company has concluded a Letter of Intent with Eclipse Mining Services Pty Ltd of Perth, Australia for the assignment and purchase of a seventy percent interest in the Parral Mining Project in Chihuahua, Mexico.

Aura Minerals Announces 2018 AGM Results

Aura Minerals Inc. (TSX:ORA) announces the results of the votes held at the Annual General Meeting of Shareholders held on May 28, 2018 in Road Town, Tortola, British Virgin Islands.

Camrova Resources Announces Closing of Private Placement

Camrova Resources Inc. (TSX-V:CAV) (OTC:BAJFF) announces that it has closed the non-brokered private placement of units of the Company at a price of Cdn. $0.08 per Unit, issuing an aggregate of 2,830,000 Units to raise gross proceeds of Cdn $ 226,400.

Alio Gold Completes Surface Drilling Program at Ana Paula

“The final set of drill results from the surface drill program has met our objective to confirm and provide us with additional detail on the extent and continuity of the complex breccia below the proposed pit.” said Greg McCunn, Chief Executive Officer. “In addition, the information has provided us with confidence in our decision to incorporate the underground component into the project scope.”

Prospero Begins Drilling At Buenavista Project, Durango State, Mexico

The 3,000 meter core drill program, starting on Buensavista South Stockwork, will test at least 4 principal drill-ready zones. In addition to the Buenavista South Stockwork, other targets include the Buenavista NE dike/vein, the Camaleon vein and the Pajaro Stockwork. The surface expression of these targets occurs within the lower portion of a strong high-level argillic cap.

Todo un éxito, feria de la seguridad Fresnillo PLC

Los más de 11 mil asistentes, entre niños, jóvenes y adultos, se divirtieron y aprendieron consejos de seguridad en la casa, escuela y trabajo, además de presenciar pláticas de cuidados a la salud, obras de teatro y dinámicas, por lo que se visitaron también los módulos de las empresas contratistas, paramédicos de Cruz Roja Fresnillo y personal militar del 97 Batallón de Infantería.

Sonoro Adds Tres Amigos Concession to Cerro Caliche

“Our Hermosillo-based exploration team, headed by noted geologist Mel Herdrick, is currently defining targets throughout the Cerro Caliche concessions for a reverse circulation drilling program scheduled to begin during the second half of 2018,” said Kenneth MacLeod, President and CEO of Sonoro. “The drilling program is being designed to verify the earlier data and to expand the scope and scale of the gold resource indicated in the Corex report.”

Orla Mining Announces Positive Results of Preliminary Economic Assessment and New Mineral Resource Estimate for Camino Rojo

Orla Mining Ltd. (TSX VENTURE: OLA) is pleased to provide the results of a positive Preliminary Economic Assessment and a mineral resource estimate on its 100% owned Camino Rojo Project located in Zacatecas State, Mexico. The mineral resource and PEA support a technically simple open-pit mine and heap-leach operation that offers low capital and operating costs, rapid payback, and strong financial performance.

Pan American Silver Corp condiciona reapertura

El presidente y director ejecutivo de Pan American Silver Corp., Michael Steinmann, anunció ayer que, hasta que las carreteras sean seguras para los empleados, reanudará las labores de movimiento del personal hacia y desde la mina Dolores, en el municipio de Madera.

SilverCrest Discovers New High-Grade Vein at Las Chispas; 1.5 metres @ 23.96 gpt Au and 2,081 gpt Ag, or 3,879 gpt AgEq

N. Eric Fier, CPG, P.Eng and CEO, remarked, “With this discovery of the Babicanora Norte Vein, we continue to show the increased potential for more near-surface high-grade mineralized veins. This is now the 11th high-grade vein we have discovered in the district. This vein is located adjacent and parallel to the Babicanora Vein which contains a majority of the maiden resource estimate. We recently identified this untested vein and strategically drilled it for high-grades which were discovered in our second drill hole (BAN18-02, intercepting 1.5 metres grading 9.11 gpt gold and 1,033.3 gpt silver, or 1,716 gpt AgEq*). This successful strategy required projecting the known high-grade footprint of the adjacent Babicanora Vein along with geologic constraints to the untested Babicanora Norte Vein. With six drills currently operating, we continue to aggressively drill-test the Babicanora Norte Vein and several other untested veins using the model of “Nature of Multiples”; that is, find one high-grade footprint in a vein and apply the same controls to the next nearby vein.”

Endeavour Appoints Vice President, New Projects

Bradford Cooke, Endeavour CEO, commented, “I am pleased to welcome Manuel Echevarria to the Endeavour management team. His skills and experience are a great fit with our senior group and his depth and breadth of knowledge in the mining sector will enhance our ability to become bigger and better going forward as we optimize our three current mines and develop new mines to fuel our future growth.”

Pretende Fresnillo PLC iniciar Juanicipio

La construcción del proyecto Juanicipio, iniciará después de ser aprobado por el Consejo de Administración, se pretende arrancar en los próximos dos a tres meses.

Pan American Silver Reduces Certain Activities at the Dolores Mine

“Our priority is the safety and security of our personnel. We have been monitoring the situation, and with the recent incidents that have occurred along the access roads, we have determined the prudent course of action is to suspend personnel movements to and from the mine until the roads are safe for our employees,” said Michael Steinmann, President and Chief Executive Officer of the Company.

Habrá Hoy Reunión para Evitar Cierre de Mina de Dolores

El secretario general de Gobierno, Sergio César Alejandro Jáuregui Robles, señaló que esta tarde se realizará una nueva reunión con la empresa canadiense Pan American Silver Corporation que opera la Mina de Dolores, en el municipio de Madera, a fin de evitar el cierre permanente de sus actividades.

IMPACT Silver Announces First Quarter 2018 Financial and Production Results

Fred Davidson, President and CEO, stated, “Silver prices reached its recent high in January 2018 at USD $17.54 an ounce but fell as the quarter progressed as the US dollar and interest rate started increasing. Nonetheless in Q1 our shares outperformed sector peers largely due to our exploration success at our sizable 357km2 land package, 5,000+ underground workings, and high potential exploration targets. The Company continues to believe its market capitalization remains undervalued given our production and exploration potential.”

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