Month: July 2020

Vista Gold Corp. Receives $1.5 Million Guadalupe de los Reyes Payment

Vista Gold Corp. today announced receipt of the final $1.5 million payment from Prime Mining Corp. and through its wholly-owned subsidiary, Minera Gold Stake, S.A. de C.V. has executed a transfer agreement that assigns MGS’s legal title to the claims covering the Guadalupe de los Reyes gold / silver project to a subsidiary of Prime Mining.

Tocvan Ventures: Doing it Right in Mexico

“Doing it right” means keeping costs low and timelines short. It means keeping the market well informed about Tocvan’s progress and drilling news. And, as nearly three decades in the brokerage business, taught Wood, it means advancing the Pilar project with a minimum of stock dilution. Add an emerging bull market for junior gold and silver explorers and Tocvan is on its way.

Drilling at San Albino Intersects 21.61 g/t Gold Over 4.5 Meters (Estimated True Width) Outside of the 2015 PEA Pit Limits

Akiba Leisman, Chief Executive Officer of Mako states, “although the assays from these holes came back after the original cutoff date for preparing the updated mineral resource estimate, the Company and MDA concluded that they are significant and should be included in the updated mineral resources estimate. Importantly, the updated resource estimate is still on track to be delivered this quarter.”

GR Silver Mining Announces Extension to the Plomosas Vein and Reports High-Grade Silver Drill Results

GR Silver Mining President and CEO, Marcio Fonseca, commented, “The mineralized veins and hydrothermal breccias at the Plomosas Mine Area were originally interpreted to be confined only along the major Plomosas Fault, however our recent validation and integration of all drill results, underground structural mapping and sampling, supports the occurrence of additional mineralized veins outside of that major structure.

Defiance Commences Exploration At San Acacio Silver Project

Chris Wright, Executive Chairman & CEO, commented: “In the past four months of remote work, and in conjunction with our previous exploration, our understanding of the underlying mineral systems at our Zacatecas projects has advanced and evolved considerably. Our geological model has defined a large number of targets outside of our main resource along the Veta Grande vein that we are preparing for drill testing.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.