Month: September 2018

Marchan mineros contra Napo y Ricardo Monreal

Al grito de “no somos uno, no somos cien, pinche napito cuéntanos bien”, cientos de mineros sindicalizados marcharon por las calles de Fresnillo en protesta de la reunión que sostuvieron en el Senado de la República los legisladores de la cámara alta, Ricardo Monreal Ávila y Napoleón Gómez Urrutia.

Southern Silver Provides Corporate Update

Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 27, 2018: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver’s rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Azucar Hits 118.0 M of 0.70 g/t Au and 0.23% Cu at Norte Zone, Provides Drilling Update for El Cobre Project, Mexico

J. Duane Poliquin, Chairman of Azucar commented, “We are very excited to commence what we anticipate being a comprehensive two year intensive drill program at the El Cobre project. The results over the past two years have shown the potential for multiple porphyry centres over a five kilometre strike. We look forward to reporting drill results as we move forward.”

Ethos Gold Corp. – La Purisima Gold Project Update

Ethos has now completed a rock sampling stage and geologic mapping program in the historic La Purisima gold mine area concessions. Total samples across the poorly outcropping area are 591 rock chip samples of which Ethos work developed 348 rock samples. Most of these samples were taken within a rectangular area following northwest striking parallel veins along 1.7 km strike and over 500 meters corridor width. The samples collected generally range from 1.5 to 3 meters in length usually crossing vein and fracture trends. Ethos did not collect samples in this program from the historic mine site outcrops due to hundreds of prior quality samples taken in three qualified sample programs and more recent mining contamination in the mine site area.

Discovery Samples Multiple High-Grade Mantos And Chimneys Over 3 Levels At The Puerto Rico Mine, Puerto Rico Project

Taj Singh, P.Eng, President and CEO, states, “Puerto Rico is advancing quickly and systematically, with all three historic mines now completely mapped and sampled. These current results prove that robust, high-grade mineralization remains in all three historic mines. The distribution of mineralization in all of the historic mines, combined with the structural characteristics identified in our mapping and modeling work, demonstrate the continuity and significant potential of mineralization at the Project. We have gained invaluable insight into the overall system which will aid us in vectoring towards more mineralization and possibly the source.The results of the upcoming airborne mag and EM survey, scheduled for October, will provide the final inputs required for the placement of drill holes for the Project’s maiden drill program. The drill permitting process at Puerto Rico is almost complete and we estimate the receipt of permits within the next one to two months.”

Drilling at Cerro Cascaron to Commence next Week

Harvest Gold’s President and CEO Rick Mark states, “I am very pleased to let our shareholders know that drilling is planned to begin next week. It has been a long wait, but everything is finally in order and we are ready to go. And, with the new money in the treasury, we can move more aggressively on the Property this fall. Upon commencement of drilling, we will be providing both Harvest and Evrim shareholders and the commodities market in general, an in depth look at the property, our initial targets and our drilling strategy. Evrim’s audience is substantial and we look forward to updating them on Cerro Cascaron’s progress.

Evrim extends outcropping gold mineralization at Cuale and defines a new drill target over 1,000 metres northwest of La Gloria trenches

“The Phase 3 program has not only expanded both the surface extent and depth potential of the La Gloria prospect, but has defined new mineralized zones extending over 1,000 metres to the northwest”, commented Charles Funk, Evrim’s Vice President of New Opportunities and Exploration. “The breccia encountered at the North Dome contains abundant mineralized fragments indicating the potential for a gold rich mineralized body at depth.This presents a distinct drill target to be added to the upcoming drill program later in October.”

Telson Mining Corporation Announces $6.5 Million Financing to Enter final Stage of Construction at Tahuehueto

Sr. Jose Antonio Berlanga, Telson’s Chief Executive Officer stated: “This private placement is priced at a significant premium to the Company’s current market trading price and has been taken up by Management, Officers, Directors and insiders of the Company. It is reflective of the confidence we have in Telson’s assets and future growth potential, both in the short-term and long term, as well as displays our strong commitment to all our shareholders and investors. Despite the current weak metals market, Telson continues to increase production at Campo Morado, and at the same time steadily advances the construction of our Tahuehueto Mine with underground development, site preparation/construction as well as infrastructure development.

Riverside Resources Announces Listing on The OTCQB Venture Market Exchange

Riverside’s President and CEO, John-Mark Staude, stated: “We are pleased to be listed on the OTCQB, as this provides an opportunity to attract a broader base of investors. Trading on the OTCQB will expand the company’s presence to new and existing shareholders in the U.S. with a transparent trading platform. Admission to the OTCQB exchange is part of our long-term strategy to introduce the company to a wide range of institutional and retail investors in the U.S.”

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.