Month: October 2018

Candelaria Mining Corp. has filed a National Instrument 43-101 Technical Report regarding the preliminary economic assessment for its Pinos Gold Project, which was announced on September 13, 2018. The Pinos project is located at 140 kilometers east of the capital Zacatecas in the state of Zacatecas, Mexico. The project is district scale consisting of twenty-nine contiguous mining claims and covering 3,816 hectares, with easy access to infrastructure, labour and supplies.

“We are pleased to augment the Board with the wealth of experience that John brings to Sonoro,” said Kenneth MacLeod, President & CEO of Sonoro. “I have had the privilege of working with John in the past and can attest to his ability to be an enthusiastic and visionary partner as we increase shareholder value with our highly prospective gold exploration projects in Mexico.”

Trabajadores de la empresa minera de Alberto Baillères han comenzado a explorar en el Estado, de resultar positiva su búsqueda, replicarían el modelo de negocio-sustentable-social que existe en Fresnillo, en Zacatecas, así como en Durango y Sonora, zonas de México en donde tiene presencia la marca que es parte de Peñoles, la división minera del grupo Bal.

Peñoles se dedica a la prospección, desarrollo y evaluación de depósitos polimetálicos y de cobre en México, Perú y Chile, donde tiene concesiones por más de un millón de hectáreas.

Full Circle’s principal corporate assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farmin agreement that references a further 6.3 contiguous sections of adjacent land.

PRIZE MINING CORPORATION is pleased to announce that the Company has hired Mr. Richard Dufresne, P.Geo. as Exploration Manager for the Company’s projects in British Columbia and Mexico. The Company is also providing an update on the company’s current diamond drilling campaigns underway at both projects.

Gold Resource Corporation reports preliminary production results for the third quarter ended September 30, 2018 of 6,411 ounces of gold, 321,590 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.

“These transactions are consistent with our strategy to focus on optimizing our operating mines to generate cash flow,” said Greg McCunn, Chief Executive Officer. “As a result of the reduction in debt and increasing our working capital we are well positioned to ramp up Florida Canyon and to continue with the pit pushback that is underway at our San Francisco Mine. We are pleased to strengthen the balance sheet while retaining future growth opportunities at Florida Canyon which include pit rim resource expansion potential, restart of the adjacent Standard Mine and further delineating the known sulphide deposit below the current oxide resource.”