Month: November 2020

Silver Spruce Signs Definitive Agreement on Jackie Au-Ag Property, Sonora, Mexico

“Silver Spruce is building its grassroots exploration portfolio in a very productive, mining-friendly region only two kilometres from our El Mezquite property, adjacent to Minera Alamos’ Santana project, and closer to their Nicho gold deposit currently on track for development,” said Greg Davison, Silver Spruce Director and VP Exploration.

Santacruz Silver Reports Third Quarter 2020 Financial Results

“The arrival of additional underground equipment at both Zimapan and Rosario during mid-October has been essential to our month over month increased production and cost efficiencies which should allow us to reach budgeted operational levels during Q4 2020.”

Capitan Mining Expands Known Gold Mineralization at the Penoles Gold Project in Durango, Mexico; Drills 45.7 Metres of 0.63 g/t Gold Within Larger Interval of 111.3 Metres of 0.34 g/t Gold

Capitan’s CEO, Alberto Orozco, stated: “We are very excited to receive the first batch of drill hole assays from our program on Capitan Hill at the Peñoles Project. This first batch of drill holes demonstrates strong continuity of gold-silver mineralization, particularly down- and up-dip; and they are also showing silver mineralization at depth to be more significant than previously thought.”

Large Hydrothermal Gold Silver System at el Refugio Target, Copalquin, Mexico

“The maiden drill holes at the El Refugio target have shown the area to be part of a large hydrothermal system. The broad quartz breccia zones punctuated with high grade gold-silver veins has been drill tested over 300m and is building the model of a large gold-silver system that is characterised by extensive surface alteration and rhyolite dome intrusions.”

Orla Mining Provides Construction Update for Camino Rojo Oxide Project

“The start of earth moving on site marks another important milestone in the development of Camino Rojo made possible through the collective efforts of our team and stakeholders,” stated Jason Simpson, President and Chief Executive Officer of Orla. “Project advancement continues in a controlled manner as we focus on maintaining the health and safety of our personnel.”

Discovery Reports Q3 2020 Financial Results & Update

We have now completed 43,640 m (111 holes) as part of our expanded 55,000 m Phase 1 drill program. There are currently four drill rigs operational on site. Additional drill rigs may be added when the Company is confident that the health and safety risks related to COVID-19 can be managed effectively.

Xtierra Reports Third Quarter 2020 Results

With the much improved outlook for silver prices, Xtierra announced on September 24, 2020, that it intends to drill the high-grade silver potential at Bilbao in 2 areas. The company will undertake a small drill campaign of 5 holes for a total of 1500 meters into two previously identified areas of high-grade silver mineralization.

Almaden Announces Pathfinder Elements Validate SE Alteration Zone Potential for Epithermal Veining

Morgan J. Poliquin, President and CEO of Almaden, stated “The presence of pathfinder elements in these samples is very encouraging as it corroborates our view that the SE Alteration Zone could represent the higher levels of a potential underlying epithermal system. It is quite typical that the higher parts of these systems contain negligible precious metals values. We look forward to continued mapping, and eventually drilling, in this area.”

Osisko Gold Royalties Ltd Launches Osisko Development Corp. And Announces Related Corporate Changes

Osisko Gold Royalties Ltd and Osisko Development Corp. are pleased to announce the successful launch of Osisko Development – a premier gold development company in North America, with the objective of becoming the next mid-tier gold producer. The common shares of Osisko Development will begin trading on the TSX Venture Exchange on or about December 2, 2020 under the symbol “ODV”.

Vizsla Drills 18.15 Metres of 457 G/T Silver Equivalent in New Zone Along Corden Del Oro Vein at Panuco, Mexico

“The Aquita Zarca zone has significant size potential with a 400m strike length with surface mineralization and multiple closely spaced veins. 2020 has been an incredibly successful year and the Company continues to aggressively unlock the potential of Panuco. This is a clear demonstration of the upside that drilling can unlock at the underexplored Panuco district. Vizsla is drilling with five rigs across the district and is funded for an even more aggressive 2021.”

Torex Gold Announces Appointment of New Chief Financial Officer

Torex Gold Resources Inc. is pleased to announce the appointment of Andrew Snowden as the Company’s Chief Financial Officer (“CFO”) effective January 4, 2021. Andrew will be replacing Steven Thomas, who will be stepping down from Torex effective December 31, 2020.

VanGold Announces AGM Results

VanGold Mining Corp reports results from its annual general meeting of shareholders held on Monday, Nov. 23, 2020, in Vancouver, B.C.

Tarachi’s First Drill Results Return 4.54 g/t Gold Over 20.1 Metres at Historic La Dura Mine in Sonora, Mexico

Tarachi President and CEO, Lorne Warner stated “I am very impressed by the high-grade nature of our first drill results from the La Dura historic mine. Drilling this type of mineralization so close to operating mines such as Mulatos and La India is exciting. All the assays released are encouraging and drillhole 05 particularly demonstrates the broad nature of the mineralization as well as the high grades of gold that are encountered on our concessions.”

Sonoro Drills 45.72 Meters of 0.972 Grams per Tonne in New Zone at Cerro Caliche

Kenneth MacLeod, Sonoro’s President & CEO, added, “The latest assay results from Buena Suerte provide compelling evidence that it has become one of the prime targets for developing a new, higher grade mineralized zone at Cerro Caliche. We are confident that the current results will contribute to a material increase of the current inferred resource estimate at Cerro Caliche.”

Reyna Silver Receives Drill Permits for Flagship Guigui Project

The Guigui Project is located in the heart of the Santa Eulalia Mining District, home to Mexico’s largest Carbonate Replacement Deposit (CRD). The Santa Eulalia Mining District has produced 510 Moz of silver, 4.2 MT of lead, 3.6 MT of zinc, at average grades of 310 g/t Ag, 8.2% Pb and 7.1% Zn.

Brigadier Intercepts 46 Grams of Gold per Tonne Over 1 Metre in First Ever Diamond Drill Hole at Picachos

“We are very encouraged with the early success of the inaugural diamond drill program at Picachos,” remarked Ranjeet Sunder, President and CEO of Brigadier Gold. “To confirm high grade gold mineralization in a vein system totaling 8 kilometres in length, within a property that hosts multiple of these systems is exciting and points to further discovery potential within the project.”

Premier Continues Successful Delineation of Higher Grades at Mercedes

“Our recent delineation drilling at Marianas, San Martin and Diluvio West confirm that these zones are emerging as important contributors to the future production at Mercedes,” commented Stephen McGibbon, Executive Vice-President. “We are excited by these three major areas that have yielded some of the best grade intercepts over the past several years.”

All News

This new application brings the paper map online.

Up to date information of:

  • Resources.
  • Production.
  • Endowment.
  • Technical Reports.
  • Geology.
  • And More…

Check the Mining State Panoramas

The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.

Get to know GeoInfoMex in 3D

GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.

 

México Minero is a non-governmental organization that promotes sustainable mining.

The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.

Learn about the current situation of the mining industry as well as the activities carried out by Camimex.

Mexico Mining Center © 2019 / All Rights Reserved