Year: 2019

Cancela AMLO mina de oro Los Cardones en BCS

Al detallar su decisión, dijo, “también me adelanto porque me van a reclamar, ya saben cómo me tienen, van a decir y por qué en el aeropuerto hubo consulta y por qué en la termoeléctrica hubo consulta y en lo de la mina no. Es sencillo, lo del aeropuerto lo iniciaron otros; lo de la termoeléctrica y el gasoducto lo iniciaron también el gobierno pasado. Esto me tocaría a mí iniciarlo, y yo digo no. Y tengo la facultad”, precisó.

Radius Gold Provides Update on Amalia Project, Mexico

Radius Gold Inc. is pleased to provide an update on its preparations for stage two drilling at the Amalia Gold-Silver Project in Chihuahua, Mexico. Late last year, Radius announced the results from its initial drill program at Amalia. Five drill holes tested the Campamento (now called San Pedro) structural corridor, intercepting gold and silver mineralization in all holes with the deepest hole AMD18-009 cutting 26m at 7.08 g/t Au and 517 g/t Ag, including 5m at 14.71 g/t Au and 1378 g/t Ag.

Great Panther Silver Reports Fiscal Year 2018 Financial Results

“2018 was a year of significant strategic advancement for Great Panther against the backdrop of a challenging metal price environment,” stated James Bannantine, President and CEO. “Significantly lower silver prices and higher costs driven by geology at our Guanajuato Mine in the third quarter reduced mine operating earnings year-over-year. Furthermore, we continued to fully expense the advancement of our Coricancha project in Peru. These factors were the primary contributors to our loss this year. With regard to our costs in Mexico, we took quick action to implement cost reduction and restructuring measures and started to realize cost reductions in the fourth quarter. We also invested significantly in corporate development, which culminated in a transformational deal to acquire Beadell Resources Limited that will formally close in early March. As a result of these initiatives, 2019 will represent a historic year of change for Great Panther that will see the Company become a growth-oriented intermediate precious metals producer in Latin America.”

Advance Gold Closes Private Placement and Prepares For Phase 3 Drilling

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Our team is very excited to get started on our phase 3 drilling program at the Tabasquena project. We are in the final stages of planning our two pronged approach to drilling, and will provide more details as we begin drilling shortly.

Premier Gold Mines Reports 2018 Fourth Quarter and Year End Results

“The Company’s strong financial position has provided us the opportunity to grow our future production through the advancement of our portfolio” stated Ewan Downie, President & CEO. “With two new mines under construction at South Arturo, and permitting underway at Cove and Hardrock, we expect to see significant increases in our future production profile”.

Sonoro Enters Into Fiscal Advisory Services Agreement

“We are excited to work with InProved to access institutional investors and Asian investor markets, with the intent of completing a non-dilutive financing for the construction of a pilot gold operation at our Cerro Caliche project,” said Kenneth MacLeod, President and CEO of Sonoro. “Our goal is to mitigate shareholder dilution by using revenues from the proposed operation to fund future exploration and development at our Cerro Caliche and San Marcial properties.”

Southern Silver Intersects 2.0m averaging 409g/t Ag, 0.9% Cu, 0.8% Pb and 8.4% Zn (871g/t AgEq; 24.6% ZnEq) in Drilling at Cerro Las Minitas

The identification of such enriched silver and pathfinder metals in this initial phase of wide-spread drill testing on the CLM West claims may be significant in suggesting a potential proximity to much more precious-metal enriched (Ag-Au) deposits. Similar pathfinder-ore relationships are identified on the adjacent La Preciosa and Avino mineral systems and are described in classic models of vein and breccia epithermal systems.

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