Month: July 2018

Capstone Files Technical Report for Cozamin Mine

Capstone Mining Corp. (TSX: CS) has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the increase to the Cozamin Mineral Resource estimate announced June 5, 2018.

Mexus Provides Company Update

Mexus Gold US (OTCQB:MXSG) today gave an update on its operations in Mexico. The information provided was compiled by Mexus geologist, Cesar Lemas, who is providing the necessary data from the company’s multiple properties.

Americas Silver Corporation Provides Second Quarter Production and Cost Update

“The San Rafael mine successfully increased mining and milling rates by almost 15% during the quarter and we expect further increases in the third quarter as it continues to ramp up the mill to capacity,” said Darren Blasutti, President & CEO of Americas Silver. “These increases allowed the Company to continue to drive down its industry-leading cash costs and AISC when compared to both last quarter and last year, despite lower than expected production from the Galena Complex. Now that the necessary repairs at Galena have been successfully completed in the second quarter, we can continue to execute our operational plan for the remainder of the year.”

Southern Silver mobilizes second drill to Cerro Las Minitas; Targeting Ag-Au Epithermal Vein Systems

President Lawrence Page Q. C. stated “The identification of a significant low sulphidation epithermal, precious metal system at CLM West when added to the existing skarn-hosted mineral resources of the project would greatly enhance the prospects of the overall property and highlight the true district-scale potential of the Cerro Las Minitas Project with potential contributions from two distinct geologic systems”

Las 10 minas de oro más grandes de México

Peñasquito, de la empresa Goldcorp, encabezó la lista de las 10 minas de oro más grandes de México en 2017, de acuerdo con datos de la Cámara Minera de México (Caninex).

Starcore Files Updated 43-101 Report on the San Martin Mine with Renewed Reserves and Resources of 267,306 AuEq Ounces

Mr. Salvador Garcia, P. Eng., stated “Many positive developments over the past year at San Martin are coming to fruition. Our planning and development, coupled with a focus on operational excellence, have opened new zones like Cuerpo 28 and San Jose 2. Our team has done an excellent job through the process and we look forward to continually transferring resources to reserves and finding new structures.”

San Marco identifies additional significant Copper/Silver mineralization on Chunibas and begins Drill preparation

San Marco CEO Christian Grijalva stated: “We’re very pleased with the results we have generated over the past few months at Chunibas. We’ve been able to conclusively demonstrate that the copper mineralization on the Chunibas property represents a typical volcanic-hosted stratiform system, analogous to several known copper-silver Chilean deposits but previously unknown in Mexico. Now that we have confirmed both scale and consistency, the next step will be preparations for a drilling campaign to locate higher-grade areas and then expand those areas down-dip and along strike. The Company expects a drill program could start as soon as the rainy season ends, and local road conditions improve.”

Kootenay Silver Reports Results of Surface Sampling at Copalito Silver-Gold Project, Mexico

Kootenay President and CEO James McDonald states, “Based on consistent anomalous silver and gold values both along strike and across excellent vein widths of up to 15 meters, we see good potential for the discovery of a classic high-grade vein hosted silver-gold deposit. The exploration team will continue to systematically map and sample the surface exposures found on the Property in the coming weeks to delineate drill targets.”

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.

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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.