One World Lithium Inc. is pleased to announces it has completed the first three drill holes of a 12 hole, 4,250 metre drill program on its Salar del Diablo Property located in the State of Baja California, Mexico.
‘Our understanding of the Los Ricos deposit has been greatly enhanced by incorporating the historical underground gold and silver assay data from over 10,000 channel samples collected in the stopes, crosscuts, raises and winzes into our 3D models. This has allowed us to visualize the down-dip extensions of the high-grade deposits and provides an approach for the team to continue drilling successful holes like these’ stated Brad Langille, President and CEO.
Riverside Resources Inc. is pleased to announce the hiring of Alberto Orozco, who has taken a VP Corporate Development position with the Company. Mr. Orozco is based in Hermosillo, Sonora, Mexico with Riversides Mexico headquarters where he is able to lead the Riverside Mexico mineral exploration team with a focus on the Companys on-going work and new developments to accelerate the Companys corporate growth plans. Alberto will also lend his support towards the new exploration funding agreement with BHP announced in mid-May 2019.
Bradford Cooke, Endeavour director and CEO, commented, ‘We continue to be encouraged by our positive exploration results at Guanacevi. Recent drilling has extended high grade silver-gold mineralization to depth at all three of our original orebodies, which should help to increase resources at Guanacevi.’
The 6th Sense solution addresses a growing need for the two industries to look to digital technologies to enhance productivity, sustainability and safety, according to the company. The approach is the Epiroc way to optimise customers processes by connecting machines, systems and people using automation, information management and system integration.
Cadence Minerals is pleased to note the announcement today by Bacanora Lithium regarding the results of the NI 43-101 Feasibility Study for the Zinnwald Lithium Project in Germany which confirm the positive economics and favourable operating costs for the production of 5,112 tonnes per annum of battery grade Lithium Fluoride, a high value, downstream product used in the manufacture of lithium battery electrolytes for the European electric vehicle industry. With a long life of project of 30 years, the FS estimates a pre-tax project Net Present Value of 428 million (8% discount rate); an Internal Rate of Return of 27.4%; favourable Life of Mine operating costs and a 46% EBITDA operating profit margin.
Commenting on the decision to commence trial mining at Oposura, Azures Managing Director Mr Tony Rovira said: ‘This is an exciting step forward for the Company. With minimal upfront capital required, this trial mining operation will provide early positive cash flow and Azure will start to realise value from the asset. Generation of this cash flow will assist in funding completion of the Feasibility Study and meeting other corporate expenses.’
Almadex Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors and officers of the Company to purchase an aggregate 628,000 common shares in the capital of the Company at an exercise price of $0.32 per share which expire on June 4, 2021.
Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, officers and consultants of the Company to purchase an aggregate 573,000 common shares in the capital of the Company at an exercise price of $0.29 per share which expire on June 4, 2021.
‘Our employees and our company are dedicated to giving back to the communities where we operate, and ensuring that sustainability is at the heart of everything we do,’ said Don Lindsay, President and CEO. ‘Teck is committed to being a positive corporate citizen, while also producing the materials needed to improve peoples quality of life around the world.’
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