Month: May 2019

Goldplay Announces its 2019 Drilling Program at its San Marcial Project in Sinaloa, Mexico

Goldplay President and CEO Marcio Fonseca commented, ‘Goldplay’s strategy for San Marcial is to achieve a material increase in the high-grade resources by drilling the new targets in the vicinity of the current resource over the next six months. The Company has built a robust and attractive high-grade silver, potentially open pit, project and the recent discovery of Au targets has transformed the San Marcial Project into a multi-commodity resource-development stage project. Our successful exploration program has enabled Goldplay to discover eight targets in a short period of time, making the San Marcial Project one of the most attractive projects in the Rosario Mining District.’

Riverside Signs US$2,000,000 Strategic Funding Agreement with BHP in Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: ‘We are delighted to combine the financing support of a major world copper leader with our in-country Mexico expertise to pursue exploration activities and advance promising projects. The two-year Program helps Riverside expand our copper exposure, while still conserving capital for our other self-funded initiatives.’

Alacrán Project Ownership Consolidation

Commenting on Azure’s full ownership and control of the Alacrán Project, Azure’s Managing Director, Mr. Tony Rovira, said: ‘Azure is very pleased to have reached this agreement with Teck. We welcome them as a substantial shareholder of the Company and we look forward to further progressing the Alacrán Project for the benefit of both our companies and all shareholders.’

Avino Mourns the Passing of Long-Time Director Michael Baybak

‘Michael could always be counted on to bring a positive outlook even during challenging times. His steadfast optimism and jovial demeanor were contagious and I’m grateful for the mentorship that he bestowed upon me over the years. He will be dearly missed,’ David Wolfin – President & CEO, Avino Silver & Gold Mines Ltd.

Great Panther Reports First Quarter 2019 Financial Results

“Great Panther completed a key strategic milestone in the first quarter of 2019 by closing the acquisition of Beadell Resources and its 100% owned Tucano Mine in Brazil. The acquisition of the Tucano Mine transforms Great Panther into a 200,000 gold equivalent ounce per year intermediate precious metals producer with diversified operations in leading Latin American jurisdictions,” stated James Bannantine, President and CEO. “The transaction, which closed on March 5th and contributed to Great Panther’s results from that date, added modestly to first quarter results.”

Fresnillo plc implementa logística contra robo

Por lo común, estos controles incluyen: el uso de tecnología de rastreo en tiempo real; cámaras de vigilancia; pruebas para identificar alteraciones en el material transportado; servicios de vigilancia; retenes en un “corredor seguro” y un número reducido de paradas autorizadas para optimizar los tiempos de entrega y minimizar la exposición de los convoys.

Sable Resources Ltd. Announces Closing of Private Placement

Sable Resources Ltd. is pleased to announce that it has closed the first tranche of a non-brokered private placement pursuant to which it has issued 5,753,333 units at a price of $0.15 per Unit to raise aggregate gross proceeds of approximately $863,000. Each Unit consists of one common share of the Company and one-half of one share purchase warrant. Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.25 until the date which is two years from the closing date of the Offering.

SilverCrest Files Mineral Resource Technical Report on the Las Chispas Property

SilverCrest Metals Inc. is pleased to announce the filing of a technical report titled, “Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico” with an effective date of February 8, 2019. The Las Chispas Report was independently completed for the Company by Tetra Tech Canada Inc., in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects. There are no material differences in the Mineral Resources disclosed in the Las Chispas Report and disclosed in the March 14, 2019 news release.

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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.