VanGold Director Dan Oliver stated: “We are very pleased to have reached this new Agreement with Hernan and Gerardo Dorado the original venders of El Pinguico. The new terms allow VanGold to extend the cash payment portion of the Agreement out until March 2023 to allow VanGold to direct more of its resources to developing the El Pinguico Project.”
The Company continues to seek an amicable resolution of its dispute with the Government of Mexico including by diplomatic channels of resolution.
Tarachi President and CEO, Lorne Warner stated “We are excited to start our first phase of drilling soon at San Javier with nine proposed holes for a total of 864 metres, once completed the style and structural controls to mineralization will become better understood and further drilling will be proposed.”
Rob Macdonald, Vice President Exploration stated: “The mineralization identified in 20CLM-119 is comparable in both grade and thickness to several mineralized intercepts previously identified by Southern Silver at the South Skarn and Bocona targets in drilling between 2011 to 2015 and provides confidence in our targeting as we work to continue expanding the mineral resource base at the Cerro Las Minitas project.”
GR Silver Mining President and CEO, Marcio Fonseca, commented, “The Company has taken advantage of new outcrops of fresh rock resulting from the construction of a new road access to the San Marcial Tunnel. The exposure of a wide hydrothermally altered, silicified and sulfide rich zone revealed high grade silver and gold mineralization in the footwall area adjacent to the Resource Area, that has the potential to add to the San Marcial NI 43-101 resource estimate.
During the nine months ended September 30, 2020, the exploration team completed 146,000 metres of in-fill and expansion drilling at the Las Chispas Project located in Sonora Mexico.
“We’re pleased with the strong results from the drilling program at La Trini and expect additional results shortly from Salomon-Favor where 3 drill rigs operate continually. We anticipate these results will build upon the excellent results achieved in our initial drill holes at Salomon-Favor,” said Brad Langille, President and CEO.
The Secondary Offering will consist of, initially, 3,500,000 Shares (corresponding to approximately 4.9% of the total outstanding Shares on the date hereof) owned by the Selling Shareholders, in Brazil, exclusively in the form of BDRs, of which 2,100,000 BDRs will be offered by ARC Fund and 1,400,000 BDRs will be offered by Ruffer.
Magna Gold Corp. is pleased to announce that the Company and Molimentales del Noroeste, S.A. de C.V., a subsidiary of the Company, have entered into a definitive option acquisition agreement with Sable Resources Ltd. and Exploraciones Sable, S. de R.L. de C.V., a wholly-owned subsidiary of Sable, to acquire the Vendor’s option to acquire a 100% undivided interest in the mining concessions comprising the Margarita Silver Project.
Advance Gold Corp. is pleased to report on highlights of a recently completed Induced Polarization survey from its 100% owned Tabasquena project in Mexico that provides additional clarity to known chargeability anomalies and has also identified a new large anomaly to the west of the known anomalies.
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
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.
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.
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 © 2021 / All Rights Reserved
