Plata Latina Minerals Corporation announced that the Company has agreed to settle indebtedness of C$201,250 owing to its directors for accrued directors fees from 2015 to present, and indebtedness of C$30,000 owing to its former CFO for a portion of the indebtedness owing to her as accrued management fees.
Chris T. Grijalva, CEO stated, Preliminary property assessment has allowed us to recognize the porphyry gold-copper-moly potential for Espiritu SMR, the magnitude of which is unknown. The area will be re-mapped to determine the surface extent of the system(s). Our first pass review suggests the mineralized zones are open in all directions. We still need to understand the zoning and other possible controls of the mineralization in order to best target future drilling. San Marco is taking the Espiritu potential very seriously and, for this reason, has engaged an experienced, high calibre expert who immediately will create and execute an aggressive and systematic exploration program. We are targeting late November for completion of this first-pass program.
Goldplay President and CEO Marcio Fonseca commented, “The grant of the drilling permit opens the door for Goldplay to move forward with its objectives to delineate new mineralized zones beyond the historic NI 43-101 resource estimate area. This will also allow the identification of new discoveries in the 3.5 km long mineralized trend and providing additional drilling information to support a Preliminary Economic Assessment of the San Marcial Project in 2019.”
Santacruz Silver Mining Ltd. reports that at the Annual General Meeting of shareholders of the Company held on October 17, 2018, a total of 50,915,529 common shares of the Company, representing approximately 29.2% of the Companys issued and outstanding common shares as at the record date, were voted.
The recent drill results continue to demonstrate the potential for growth of the mineralization contained within the Nicho deposit and we expect these results to have a positive impact on the ongoing pit design. stated Darren Koningen, CEO of Minera Alamos. While we continue to expand the footprint of the Nicho zone we also look forward to pending drill results from new areas to the north of the proposed open pit.
We are pleased to become shareholders of Wallbridge and look forward to the upcoming exploration programs at Beschefer, stated Brendan Cahill, President and CEO. This transaction provides us with upside opportunity on the project, while also giving us exposure to the rapidly-advancing, high-grade Fenelon Gold Property, as we continue our exploration focus at Platosa and Miguel Auza in Mexico.
It is with great sadness that the IMPACT Silver Corp. Board of Directors announces the passing of Mr. Jean-Pierre R. Bourtin, Sr. on October 2, 2018 after a lengthy battle with cancer.
Un total de 18 emprendedores de la región Rodeense estuvieron presentes en el curso impartido por la empresa minera Fresnillo en la semana pasada, informó Gabriela Briseño, asesora de desarrollo comunitario de la citada empresa.
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.
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