Day: October 23, 2018

Fresnillo Plc – Production Report for the three months ended 30 September 2018

Octavio Alvídrez, Chief Executive Officer, said: “Gold production continues to beat expectations and we are once again revising our guidance upwards following another strong quarter, in particular at our Saucito and Noche Buena mines where volumes exceed targets. Though silver production is up against all comparable periods, we are revising full year silver guidance following continued challenges at the Fresnillo and Saucito mines. These are world class, tier one silver assets, and we remain both determined, and confident, given the actions we are taking, that we will deliver a better performance in the last quarter and in 2019.”

Azure Minerals Ltd. – High Grade Hits in Oposura Central Zone

Azure’s Managing Director, Mr Tony Rovira said: “These latest, high-grade, massive sulphide drill intersections from the sparsely drilled Central Zone confirm that this area has the potential to significantly increase Oposura’s resource base. They continue to build on the very positive results from the Oposura Scoping Study and confirm potential to extend the mine life and further improve the already impressive project economics.”

Pan American Silver Announces Major Discovery at its La Colorada Mine

Drill intersects of up to 223 metres of polymetallic mineralization

“These are extraordinary exploration results for our La Colorada mine, indicating the potential to substantially expand mineral resources, mine life and ultimately production capacity,” said Christopher Emerson, Pan American Silver’s Vice President Business Development and Geology. “Following the most recent mine expansion completed in 2017, we have renewed our exploration efforts at La Colorada, and these recent discoveries validate the important exploration potential of this mine.”

Minaurum Samples up to 1205 g/t Silver and 3.2% Copper On Newly Discovered Europa Sur Vein Extension

“We are excited that mapping and sampling in the newly acquired Claraboya concession has extended the high-grade Europa-Guadalupe vein by over 1 km. This new zone pushes the overall footprint of the Alamos district to 10 km long by 3 km wide,” stated Darrell Rader, President and CEO of Minaurum. “We look forward to incorporating targets in this new area into our current drill program.”

American International Ventures, Inc. Signs Joint Venture With PT Musi Bumi Energi

American International Ventures, Inc., has entered into a joint venture agreement with PT Musi Bumi Energi an Indonesia Corportion. MBE has an 8,855 hectare (21,881 acre) coal concession, located at Musi Banyuasin, South Sumatera, Indonesia. Coal reserves of approximately one hundred million metric tons (Pre-Jorc estimate) of low rank subbituminous coal reserves located on said concession.

Premier Gold Begins Underground Drilling At Marianas / Mercedes

The Marianas Zone was discovered by surface drilling and represents the down-plunge extension of the main Mercedes mine trend. Based on previous intercepts, Marianas appears to have the potential to host economic mineralization of higher than the current reserve grade. It is the Company’s goal to convert Marianas mineral resources to mineral reserves with a delineation drill program over the balance of 2018 and 2019. With success, mining at Marianas could begin in the second half of 2019.

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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.