September 2018 – Page 5 – Mexico Mining Center

Defiance Silver and ValOro Resources Announce Merger to Create a Leading Diversified Mexican Explorer

September 17, 2018

Dunham Craig, President and CEO of ValOro, said “Combining ValOro with Defiance presents an opportunity to build a premier exploration company focused on Mexico, driven by an experienced management team and the opportunity to significantly enhance the long term growth potential of the Tepal gold-copper project. With a 2017 Preliminary Economic Assessment that produced positive economic results coupled with our 2017 and 2018 exploration work in preparation for a drill program to potentially expand the resource and test new targets, this transaction provides further value accretion by coupling our asset with the exploration potential at the San Acacio Silver deposit, further providing value accretion for ValOro and our shareholders.”

Impact Announces Appointment of New Corporate Secretary

September 17, 2018

IMPACT Silver Corp. announces the resignation of James O’Sullivan as Corporate Secretary and the appointment of Graeme Austin as the new Corporate Secretary of the Company.

Inaugura GoldCorp clínica rural en Mazapil; es ejemplo nacional

September 15, 2018

Con una inversión superior a los 40 millones de pesos, directivos de Minera Peñasquito inauguraron este jueves la Unidad Médica Regional de la comunidad de Cedros, municipio de Mazapil, Zacatecas, que será atendida por personal de IMSS-Prospera.

The Pinos Project Preliminary Economic Assessment results indicate a 7 year Life of Mine with projected gold equivalent ounce production of 89,000 with an after-tax IRR of 25%.

September 13, 2018

Curtis Turner, President and CEO of Candelaria Mining stated: “I am pleased to announce the results of the Pinos PEA. The PEA shows that Pinos is a great small scale project with the ability to grow. We are encouraged, not only by the PEA, but with the exploration potential on the property. The project is fully permitted. We have already sourced much of the processing facility. Therefore, we have limited much of the risk associated with the start-up of most projects at a PEA stage. Developing the property as outlined in the PEA will allow us to commence with a low-capex project which will generate cash flows and to allow us to expand the operations, conduct further exploration work and continue to advance the other projects in our portfolio.

McEwen aims to extend mine life in Canada, U.S. and Mexico

September 13, 2018

In Mexico, the company hopes to add 12 years of mine life at its El Gallo Complex in Sinaloa State through a proposed redevelopment program known as Project Fenix. It hopes to achieve that goal by combining mineralized sources from five locations that will be developed in two distinct process plant construction phases. Phase 1 would target the recovery of heap leach material using a conventional ball mill, grinding and hybrid-carbon-in-leach circuit.

Gainey Capital Announces Phase 1 Exploration Program at Las Margaritas Gold/Silver Project, Mexico

September 13, 2018

David Coburn, Gainey Capital’s CEO commented “We are hoping to have initial assay results back from the Las Margaritas Phase 1 Exploration in late September or early October and will then identify targets for drilling in Q4 2018.”

Kootenay Silver Provides Update on La Mina Project, Mexico

September 13, 2018

Detailed geological mapping, rock chip and stream sediment sampling is underway in order to define potential drill targets on the Property.The Company is looking forward to Capstone advancing the project towards drill stage.Kootenay will report on results after programs are complete and Capstone reports them to the Company.

SilverCrest Expands High-Grade Babicanora Norte Vein

September 13, 2018

N. Eric Fier, CPG, P.Eng, and CEO, remarked, the Babicanora Norte Vein continues to deliver near-surface drill intercepts with high-grade silver-gold mineralization along an estimated known strike length of 900 metres. We now have 30 epithermal veins on the property with a total cumulative strike length of approximately 20 kilometres, of which 5 kilometres have been partially drilled and only 3.5 kilometres were included in the February 2018 maiden resource. We are currently at the end of the rainy season with reduced drilling but have continued to step-out drill with several core rigs on the Babicanora Norte, Granaditas, and Babicanora Sur veins. We are systematically working towards an imminent resource update.

Vangold Mining withdraws submission to acquire San Carlos Property in Guanajuato, Mexico

September 12, 2018

Vangold Mining Corp. announces that, further to its news release dated December 19, 2017 announcing the acquisition of the San Carlos Property, Mexico, it will not be proceeding with the acquisition at this time and has withdrawn its submission to the TSX Venture Exchange. The Company has decided to put the San Carlos property acquisition on hold until further exploration and drilling is completed on the nearby El Pinguico Mine property to confirm an extension of mineralization from the El Pinguico property.

High-Grade Sampling Results From the Zamora Gold-Silver Property in Mexico

September 12, 2018

Sample number 842 was channeled in the volcanic breccia over a width of 80cm and returned a very high-grade result of 4.027 kg/t Silver and 29.2 g/t Gold. This sample is located in the La Franca title, which is an area of 12 hectares in the northeast part of the Zamora Silver-Gold Property, and within the Campanillas claim. Zamora has a surface expression of 3,376.63 hectares. Auxico does not hold title to La Franca, however, La Franca is located 600 metres south-west of the Campanillas mine, form which samples assayed as high as 14.6 kg/t Silver and 15 g/t Gold. The structure can be followed for some 600m along strike with the Campanillas Mine which is indicated by numerous workings between the two historic mines, La Franca and Campanillas.

INDUSTRY INFLUENCER

Maza Diamond Drilling

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.

Month: September 2018

Defiance Silver and ValOro Resources Announce Merger to Create a Leading Diversified Mexican Explorer

Impact Announces Appointment of New Corporate Secretary

Inaugura GoldCorp clínica rural en Mazapil; es ejemplo nacional

The Pinos Project Preliminary Economic Assessment results indicate a 7 year Life of Mine with projected gold equivalent ounce production of 89,000 with an after-tax IRR of 25%.

McEwen aims to extend mine life in Canada, U.S. and Mexico

Gainey Capital Announces Phase 1 Exploration Program at Las Margaritas Gold/Silver Project, Mexico

Kootenay Silver Provides Update on La Mina Project, Mexico

SilverCrest Expands High-Grade Babicanora Norte Vein

Vangold Mining withdraws submission to acquire San Carlos Property in Guanajuato, Mexico

High-Grade Sampling Results From the Zamora Gold-Silver Property in Mexico

INDUSTRY INFLUENCER

Maza Diamond Drilling

All News

INDUSTRY INFLUENCER

Maza Diamond Drilling

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