Month: October 2018

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.

Prize Mining Engages Link Media, LLC to Provide Market Awareness to the USA Market

“We are currently drilling at two highly prospective properties in Mexico and British Columbia and the retention of Link Media to assist in communicating our story to the US market is part of our overall strategy to build the profile of our company” said Mike McPhie, President and CEO of Prize Mining “Every company in our business is competing for attention and we believe that the potential of our copper and gold/silver properties needs to be matched with a comprehensive marketing and awareness campaign that is intended to help create shareholder value.”

Aura Minerals Announces Suspension of Operations in San Andres, Honduras

Rodrigo Barbosa, the Company’s President and CEO commented, “When these criminals first illegally entered the mine, the Company was able to mine outside of the then mine plan with decent results however the recovery rates in these areas have decreased and the Company is now forced to take the difficult position and suspend mining operations. We continue to work with local and national authorities and are considering all options.”

Santacruz Silver Continues to Expand the High Grade Foot-Print at its Veta Grande Project in Zacatecas

Carlos Silva, COO of Santacruz, commented; “With these drill results at the Navidad vein, and higher grade intercepts along the northern strike of the Veta Grande vein, we continue to demonstrate the potential of this high-grade mineralized district.” Mr. Silva added; “We recently identified the potential of the Navidad vein, which has never been systematically explored, and results thus far are extremely encouraging. Drilling is continuing with an additional 14,000 metres of diamond drilling budgeted.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.