Month: July 2018

Mammoth Issues Correction to Today’s Press Release

Mammoth Resources Corp. (TSX-V: MTH) would like to correct an error in the press release issued earlier today. The release inadvertently reported under the heading “Other Corporate News”, first paragraph, having issued: “1,8400,000 common shares” of the Company as part of a debt settlement, whereas this should have stated the Company issued “1,840,000 common shares” of the Company. Mammoth apologizes for any confusion this may have caused any readers.

Mammoth Intersects Multiple Gold Intersections Totalling 61.5 Metres In Step-Out Drill Hole At Its Tenoriba Precious Metal Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on these results stating: “Although we haven’t figured out all the controls to mineralization in this central area, as evidenced by the weaker assay results in hole TEN 17-09, drill hole TEN 17-10 continued to add a total of 61.5 metres of potentially economical gold in what is an approximate one-kilometre, northwest trend of mineralization in this area. “

Obtiene Clúster Minero de Sonora distintivo como Promotor RSE

El próximo mes de octubre Clúster Minero de Sonora A.C. recibirá el Distintivo Promotor RSE que otorga el Centro Mexicano para la Filantropía (Cemefi) y la Alianza por la Responsabilidad Social Empresarial (AliaRSE), que acreditan a la asociación como impulsora de políticas de Responsabilidad Social Empresarial entre sus empresas mineras, proveedoras y contratistas socias.

Gold Resource Corporation Expands Arista Mine with Drill Intercepts Including 23.39 Meters of 2.00 g/t Gold, 200 g/t Silver and 2.08 Meters of 1.98 g/t Gold, 1,583 g/t Silver in New Vein Discovery

“Our exploration team continues to do an excellent job expanding the Arista Mine’s multiple vein systems,” stated Mr. Jason Reid, President and CEO of Gold Resource Corporation. “While the Switchback vein system continues to extend on strike, it is great to see new veins being discovered at the Arista vein system as well. We have a powerful epithermal system with a great mine and a lot of growth potential in front of us.”

Millrock Provides Update of Exploration Activity

Gregory Beischer, Millrock President & CEO commented: “We have plenty of potential catalysts to improve the Millrock share price through the discovery of valuable resources. Millrock continues to be a prolific generator of new projects that attract funding of major and junior companies alike.”

Discovery Returns Strongest Grades To Date From Its Puerto Rico Project Channel Sampling Program

Taj Singh, P.Eng, President & CEO, states, “These new assay results from San Jose are the highest grades we’ve seen to date at the Project. These, along with the strong sampling results received over the past several months from our sampling program at Puerto Rico, have continually reaffirmed its potential as a world-class carbonate replacement deposit. The results are bringing the Project into focus, with several very strong drill targets emerging. Our understanding of the system has greatly increased since the beginning of the sampling program and we continue to expect drilling commencement in 2H 2018, once our surface exploration and drill targeting work is completed.”

Avino Announces Q2 2018 Production Results

“We are pleased with our second quarter production results, our silver equivalent production increased by 6%, because our copper production increased by 31%.” said David Wolfin, President and CEO. “We will continue to process historic stockpile material through Mill Circuit 4 until the end of the year, and then we anticipate transitioning to processing newly-mined mill feed from the San Luis area of the Avino Mine.”

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.

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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.