Day: July 2, 2018

National Mining Hall of Fame Names 2018 Inductees

Professor John M. Guilbert, Dr. Leo J. Miller, Robert E. (Bob) Murray, and Douglas (Doug) B. Silver will join 240 other mining industry luminaries when formally inducted into the National Mining Hall of Fame on September 29th, 2018. Additionally, the Prazen Living Legend of Mining Award will be presented to the Freeport-McMoRan Foundation. The 31st Annual Induction Banquet and Ceremony will be held at the Ritz-Carlton in Denver, CO.

U. S. Antimony Announces Successful Testing of New Antimony Trisulfide Product

United States Antimony Corporation (NYSE American: UAMY) reported successful testing of a new product, antimony tri-sulfide (also called “needle antimony” or “crudum”). The product is used as a primer component in center- fired ordnance. China has historically been the principal source of the product in the United States and most other countries. The USAC antimony tri-sulfide has complied with the military specification of MIL-A-159D. The product is now being offered to commercial manufacturers of ordnance. USAC will source the antimony ore from one of its Mexican mines and it will be transported to its floatation mill in Guanajuato, Mexico. The floatation concentrate will be shipped directly to Montana for processing. The processing cost using a proprietary method developed by USAC will be cheaper than the production of antimony metal or oxide. Additionally, the price for the contained antimony is significantly higher than that in antimony oxide or antimony metal. Besides the ordnance market, a larger market for the product is in the friction brake industry. The Company has received request for the product from Japan and Europe.

Mexus agreement with MarMar Holdings officially terminated

Mexus Gold US (OTCQB:MXSG) announced that the joint venture with MarMar Holdings has been officially terminated. Mexus attorney, David Armendariz, states that the contract signed in June, 2016 was voided due to Marmar Holding SA de CV’s lack of compliance with certain clauses in the agreement. Mexus Gold Mining SA de CV complied with all requirements established in the joint venture agreement which furthered the basis for the contract to be voided. The termination of this agreement has been certified by both Sonora and Coahuila´s attesting officials. Mexus now has numerous options at the Santa Elena mine which could include a new joint venture.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.