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.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

All News
MMC Banners Q4 2022_Cerro Casale_02 (1)

PhotoSat uses proprietary deep learning algorithms to produce elevation surveys and alteration mineral maps from satellite imagery.
Our methods are fast, safe, and reliable, with no need for ground access. Since 2005, we have delivered more than 1300 mine site surveys and over 300 alteration projects in over 75 countries..