Month: March 2019

Sonoro Commences Phase Two Drilling at Cerro Caliche

We are excited to commence Phase two and build on the success of Phase one as we further assess whether Cerro Caliche will be amenable to the development of a heap leach extraction operation, stated Kenneth MacLeod, President and CEO of Sonoro.

Alio Gold Announces Resignation of CEO

Alio Gold Inc. today announces that Chief Executive Officer, Greg McCunn, has advised the Board that he will be resigning to pursue another opportunity. Mr. McCunn’s departure will be effective in March, following completion of the year end financial reporting process.

Great Panther Completes Acquisition of Beadell

We are very pleased to close this important transaction that immediately transforms Great Panther into an intermediate precious metals producer with a strong and diversified portfolio of producing mines, advanced stage growth projects, and exploration assets, stated James Bannantine, President and CEO.

Oroco Provides Legal Update

There are several areas of current legal activity relating to protecting and enforcing the Company’s interest in the Santo Tomas Concessions. At present, the following initiatives, amongst others, are expected to validate and maintain the status quo of the titles and eventually remove any unwarranted ownership claims to the Santo Tomas Concessions as are currently being made by Aztec Copper Inc., an Arizona company, and its Mexican subsidiary, Prime Aztec Mexicana S.A de C.V.

AMLO Cancels a Gold Mine to Protect Water and Improve Tourism

Mexican President Andres Manuel Lopez Obrador cancelled a gold mine project called Los Cardones in Baja California province on Sunday. The mine, located at one of the main aquifers of the southern area of Baja California, was a threat to the local water sources, according to Lopez Obrador.

Sinaloa buscará lazos comerciales con Canadá

El Gobierno del Estado buscará lazos comerciales con Canadá en el marco del PDAC, que es la convención de minería más importante a nivel internacional, que reúne a mil expositores de 800 empresas mineras, y congrega a 30 mil asistentes de 125 países.

Magellan Engages Senior Mining Consultant for Evaluation and Design of El Dorado Gold-Silver Mine

Magellan’s CEO, Pierce Carson commented, “We are pleased to be able to engage David, who is a highly respected engineer with over 45 years of experience in mine operations and management. Of particular relevance, his background includes many years in design, construction and operation of underground mines in Mexico. Initially, his work on El Dorado will focus on mine design, project economics and formulation of a detailed development schedule and budget.”

Radius Gold Provides Update on Amalia Project, Mexico

Radius Gold Inc. is pleased to provide an update on its preparations for stage two drilling at the Amalia Gold-Silver Project in Chihuahua, Mexico. Late last year, Radius announced the results from its initial drill program at Amalia. Five drill holes tested the Campamento (now called San Pedro) structural corridor, intercepting gold and silver mineralization in all holes with the deepest hole AMD18-009 cutting 26m at 7.08 g/t Au and 517 g/t Ag, including 5m at 14.71 g/t Au and 1378 g/t Ag.

Cancela AMLO mina de oro Los Cardones en BCS

Al detallar su decisión, dijo, “también me adelanto porque me van a reclamar, ya saben cómo me tienen, van a decir y por qué en el aeropuerto hubo consulta y por qué en la termoeléctrica hubo consulta y en lo de la mina no. Es sencillo, lo del aeropuerto lo iniciaron otros; lo de la termoeléctrica y el gasoducto lo iniciaron también el gobierno pasado. Esto me tocaría a mí iniciarlo, y yo digo no. Y tengo la facultad”, precisó.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.