Month: March 2019

IMPACT Silver Drills 2.69 meters of 5.27 g/t Gold (Eq) at El Canelo

IMPACT Silver Corp. is pleased to announce the results of a diamond drilling program on the El Canelo gold silver vein in the Santa Teresa area of the Royal Mines of Zacualpan District, Mexico. Earlier reported trench sampling along the strike of the vein at 10m intervals returned an average gold grade of 6.5 g/t across a true width of 1.66m and a length of 50m. The initial six hole program tested the vein system along a strike length of 100m and to a depth of 100m at 50m intervals.

Goldcorp Announces Support for Newmont Special Dividend

GOLDCORP INC. announced today that it has consented to Newmont Mining Corporation paying a one-time special dividend to its shareholders conditional on the approval of the Newmont resolutions by the Newmont stockholders and the Arrangement resolution by the Goldcorp shareholders relating to the Arrangement, which was previously announced on January 14, 2019. Goldcorp continues to recommend that its shareholders vote in favour of the completion of the Arrangement.

Process Testing Shows Increase in Mill Throughput Available at Campo Morado

Antonio Berlanga stated, As Director of La Negra Mine, I was responsible for increasing the mines processing rate by up to 37% by reducing the mill ore feed from a traditional -3/8 Inches to -1/8 Inches. As one can see from our Campo Morado test results, feeding smaller material to the SAG Mill increased the milling capacity up to 15%, showing clearly that by feeding a smaller size to the SAG mill it is possible to increase its grinding capacity…

Positive progress towards gold production at the Santa Elena mine

Mexus Gold US announced that developments at its Santa Elena mine, located in Caborca MX, continue in a positive and productive manner. The jaw/cone crushing screen plant has been moved into place. Gary Borgus, Mexus electrician, is working on the necessary connections and setting up the control station to assure proper functioning of the crushing line. Mr. Borgus expects the system to be operational by April 1st. The system will include a 400ft conveyor system to carry the 3/4 minus material to the recently readied heap leach pad. The system includes a newly installed automated lime pH system.

Advance Gold Starts Phase 3 Drilling at the Tabasquena Project in Zacatecas, Mexico

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: In past drilling, we have been able to hit important milestones drilling at the Tabasquena, with the discovery of a wider portion of the Tabasquena vein in the oxide zone, and the discovery of a cluster of epithermal veins. Our team is excited to test these two important targets. Considering we have a mine permit, and underground workings, plus that many streamers and royalty companies are in need of new projects to deploy their cash, makes the near surface drilling an important drill target. The deep drilling is very exciting as well. Our past drilling has shown we have a large epithermal vein cluster, mineralization of gold and silver, and that it is a long-lived system. Now comes the exciting part, drilling deeper to test for the boiling zone of the system.

Consolidated Zinc Limited (ASX: CZL) – Trading Halt

The securities of Consolidated Zinc Limited will be placed in trading halt at the request of CZL, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 26 March 2019 or when the announcement is released to the market.

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.