Month: September 2019

Argonaut Gold Announces Successful Completion of Additional San Agustin Water Well

Argonaut Gold Inc. is pleased to announce it has completed the fourth water well at its San Agustin operation and that the new well has demonstrated sufficient water capacity to meet the needs of the operation to run at 30,000 tonnes per day of ore. The Company anticipates ramping up to 30,000 tonnes per day at the San Agustin mine during the fourth quarter of 2019.

Further High-Grade Silver Results at San Celso and Los Campos Projects

Bill Brodie Good, Technical Director of Alien commented, “the Company’s San Celso and Los Campos projects continue to show significant potential for high-grade silver mineralisation. This recent round of sampling has confirmed historic surface and underground work on these projects and that there remain significant mineralised in-situ ore bodies to be developed.”

Advance Gold’s Completed Geophysical Survey at Tabasquena Project Identifies a Large Continuous IP Anomaly

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Based on the size and number of vein intersections in the near surface drilling in the andesites, our exploration team has felt that we have found a very large system. The IP survey has now identified such a possible system. Where the IP anomaly starts is approximately 100 metres below the past drilling and almost directly under the main Tabasquena vein. This depth is very important because it is approximately where the graphitic phyllite horizon begins. The major mines nearby, operated by Fresnillo Plc., and MAG Silver’s Juanicipio mine currently under construction, are epithermal veins systems focused on zones within the graphitic phyllites…”

SilverCrest Announces Stock Option Grants

SilverCrest Metals Inc. is pleased to announce the grant of stock options under its Stock Option Plan to purchase an aggregate of 975,000 common shares of the Company at an exercise price of $8.21 per share for a five year term expiring September 4, 2024. The stock options were granted to directors, officers, employees and consultants of the Company.

One World Lithium Announces Salar Del Diablo Tour with Montgomery and Associates and Private Placement

One World Lithium Inc. announces that Mike Rosko of Montgomery & Associates and operator of the Salar del Diablo exploration program will be meeting drilling companies and other service providers in Hermosillo, Mexico before touring the Salar del Diablo Property located in Baja California, Mexico. Also attending the meetings and site tour will be Doug Fulcher, OWL’s President and CEO, and Kevin Milledge, an OWL Director and manager of field operations. They will visit previous and proposed drill site locations as well as surface geological features. The field trip will be from September 09 to 12, 2019.

Southern Silver Closes Final Tranche of Oversubscribed Private Placement

Net proceeds from the private placement will be used for working capital and to cover our proportionate share (40%) of the costs associated with the continued 2019-20 exploration programs on the Cerro Las Minitas property, Durango Mexico along with our J/V partner, Electrum Global Holdings L.P. (60%).

El cobre de Samalayuca

Desde poco menos de una década, el pueblo de Samalayuca, situado a 50 kilómetros de Ciudad Juárez, ha estado negociando con una empresa canadiense la posibilidad de explotar una mina de cobre.

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.

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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.