Day: August 22, 2019

Kootenay Closes Strategic Investment by Eric Sprott for Proceeds of $5 Million

Net proceeds of the Private Placement will be used to advance exploration of the Columba Silver Project in Chihuahua State, Mexico, potentially adding a further drill rig to expedite the current drill program, and to fund further work at Copalito, La Cigarra and other projects as well as for general working capital purposes.

Megastar Samples 308g Silver and 1.07g Gold Along 530-Meter Vein System at Yautepec

David M. Jones, exploration manager and director of Megastar, says: “Our second round of sampling at Yautepec has not only confirmed our first round of results but surpassed them, yielding silver values up to 308 grams and gold values to 1.07 grams in an historically undocumented quartz vein system of impressive length with structural widths up to 7 meters, based on surface mapping to date. In tandem with the adjacent mineralized hot springs complex (sinter), we have generated a series of high priority drill targets after only two periods of fieldwork. This is a remarkable accomplishment for our small and highly motivated team, all of whom have had significant exploration discoveries in their careers.

Additional Mineral Rights Coming to Tamino Minerals, Inc.

Our objective is to locate a multimillion ounce of Gold deposit. The State of Sonora is known to host several of them. We believe that we have the necessary expertise within our team of Professionals to find a Multimillion Ounce Deposit.

Operaciones mineras deben contar con plan de remediación

Ante el anuncio de la llegada de una empresa minera en el área de Samalayuca y el impacto ambiental que podría traer a la región, Gerardo Durán, director del Clúster Minero de Chihuahua (Clumin), afirmó que cualquier operación realizada por parte de alguna unidad del ramo, debe contemplar un plan de remediación.

GoGold Accelerates Acquisition of Los Ricos Property

GoGold Resources Inc. has entered into various agreements to accelerate the acquisition of the 29 concessions that comprise the Los Ricos property in Jalisco, Mexico from private Mexican owners. The Concession Agreements replace the option agreement GoGold had for the Los Ricos property and save GoGold $5.4 million dollars (all amounts USD).

SilverCrest Announces Receipt of General Explosives Permit and Water Rights; Finalizes Ownership in Mining Concessions for Las Chispas

N. Eric Fier, CPG, P.Eng, and CEO, remarked, ”We continue to de-risk Las Chispas by achieving several significant milestones that are timely and noteworthy as we move forward to a construction decision, including; 1) the receipt of the General Explosives Permit with continuation of the planned underground exploration in the Babicanora Vein (Area 51 zone) and ongoing rehabilitation of the Babicanora Historic Adit for a secondary access to the vein, 2) acquisition of water rights, and 3) attaining 100% ownership of our mining concessions across all vein mineral resources.”

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.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.