Month: May 2019

GoGold Completes 23 Trenches Identifying Mineralization for 3.2km Along Strike and Mobilizes Additional Drill Rig

Brad Langille, President and CEO, states ‘we are very pleased to see the results from our geological mapping, sampling and trenching program has defined at least 5 new targets, where we are currently mobilizing an additional drilling rig, along strike to the south of the former Cinco Minas El Abra underground mine. The largest zone is known as Cerro Colorado and extends for a strike length of 500m. With these widths and grades at surface, we feel there is an excellent chance to discover new high-grade deposits along the Los Ricos vein system that have not been previously mined. Based on our trenching and mapping to date, the limited historical drilling in this area may have missed the mineralized zone which we have identified.’

Endeavour Silver Provides Update on Mining Operations

Bradford Cooke, CEO, stated, “Our goal in implementing these actions is to make our mining operations more efficient so they can return to profitability quickly and permanently. Reducing the operating costs and work force combined with investing in new mining equipment and retraining are keys to making our mines more sustainable even at low metal prices.”

Oroco Announces Appointment of Ian Graham as VP Exploration

Oroco Resource Corp. is pleased to announce that Mr. Ian Graham has been appointed as Vice-President of Exploration of the Company. Mr. Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of mineral deposits, mostly gained with major mining companies Rio Tinto and Anglo American, including as Chief Geologist with the Project Generation Group at Rio Tinto.

Juanicipio, una mina de oro

El proyecto Juanicipio que inició en noviembre de 2013 pretende comenzar los trabajos como una unidad minera en 2021, aunque todo dependerá de que se llegue a las vetas de minerales preciosos, pues hasta el momento se han explotado cerca de 2 kilómetros a una profundidad de 600 metros.

Gold Resource Corporation Declares May Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of 1/6 of a cent per common share for May 2019 payable on June 24, 2019 to shareholders of record as of June 11, 2019. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.

Alamos Gold Declares Quarterly Dividend

Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $147 million to shareholders through dividends and share buybacks.

Drilling Continues to Expand Cerro Caliche Gold Mineralization

‘With almost 90% of the 10,000-meter drill program completed, we are pleased to report that the objectives of the technical program at Cerro Caliche have been accomplished,’ said Kenneth MacLeod, President and CEO. ‘Most critically, the program continues to outline shallow low-grade bulk tonnage gold mineralized zones with gold grades and intervals similar to operating heap leach mines in the region.’

Gold Resource Corporation Significantly Expands Arista Mine Intercepting 11.95 Meters of 1.04 G/T Gold and 494 G/T Silver

‘This year’s exploration efforts at Switchback continue to impress with significant vein expansions along both strike and up-dip,’ stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. ‘Our recent focus has been on the northern extension of the Switchback veins system where the main Soledad vein appears to be splitting into two distinct mineralized structures. Exploration goals for the remainder of the year are to continue to test these northern extensions of this growing system, both along strike and up-dip at higher elevations, as well as infill drilling to upgrade mineralized material to proven and probable reserves.’

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

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