The incoming president said he did not intend to raise mining taxes in Latin America’s No. 2 economy, but would better distribute resources gathered under a 2014 mining law that created a tax for mining companies.
Aura Minerals Inc. is pleased to announce that it has filed the NI 43-101 Feasibility Study and Technical Report on the Aranzazu mine located in the State of Zacatecas, Mexico. The FS entitled Feasibility Study of the Re-Opening of the Aranzazu Mine, Zacatecas, Mexico was prepared by the Company in collaboration with engineering companies and specialized consultants.
Excellon Resources Inc. is pleased to announce the filing of an indepedent technical report for the Platosa Mine in Durango, Mexico, which has been prepared in accordance with National Instrument 43-101 with an effective date of March 31, 2018. A copy of the technical report is available on both SEDAR at www.sedar.com and the Companys website at www.excellonresources.com.
Sonora Lithium meterá al país en la carrera por el litio, un elemento vital para elaborar baterías de teléfonos celulares, computadoras y autos eléctricos. La compañía busca inversionistas.
“We have placed a high priority on achieving early production at El Dorado,” said Pierce Carson, Magellan’s CEO. “The drilled resource appears to be sufficient to support an underground mining operation for five years at a mining rate of 100 tonnes per day. We plan to truck the ore to the Company’s SDA Mill for processing.”
Recent sampling by Kootenay at Malé continues to return anomalous gold mineralization from old pits and hand-dug small trenches found on surface. Thirty-three samples taken during the past month returned gold values ranging from 0.05 to 36.0 gpt with nineteen samples producing values of greater than 1.0 gpt gold. Highlights from the latest sampling program include gold assays of 36.0, 25.5, 24.7 17.0 and 12.10 gpt.
IMPACT Silver Corp. is pleased to announce the discovery of a new mineralized shoot on the Lipton vein in the Guadalupe mine. The new Lipton Norte Zone was discovered during an underground drill program which was designed to test the northern extension of the near vertical vein system. To date the new zone has been drilled over a length of 120m and vertical distance of 80m. The well mineralized shoot remains open in all directions.
Southern Silver Exploration Corp. reported today assay results from initial drilling on its 12,000 metre 2018 core drilling program on the Cerro Las Minitas project, Durango State, Mexico which included a thick interval of strongly silver-enriched sulphide mineralization in drill hole 18CLM-110.
Prospero Silver Corp is pleased to announce that it has arranged a US$270,000 (approximately Cdn $356,000) strategic investment from Fortuna Silver Mines Inc., a growth-oriented mid-tier precious metals producer. Fortuna currently owns an aggregate of 10,714,284 common shares of the Company representing an aggregate of 20.32% of the current issued and outstanding shares. Following the completion of the private placement, Fortuna will own 15,460,951 shares in Prospero, or approximately 26.9% of the Company’s issued share capital.
Our Hermosillo-based exploration team, headed by noted geologist Mel Herdrick, has finalized the planning of a drill program for the Cerro Caliche concessions, including El Colorado, said Kenneth MacLeod, President and CEO of Sonoro. A drill plan has been submitted to the Mexican federal environmental agency, Semarnat, for review and approval and a response is expected shortly.
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