Canasil Resources Inc. announces that the newly designed website covering the Company’s Silver-Gold-Copper discovery program in Mexico and British Columbia, Canada, is now on line.
“The end of Q2 marked a major milestone for the Magna Gold team. We achieved commercial production on schedule and had our highest production total in the month of June. We are seeing production ramp up every day and look to end the year producing ~7,500 oz Au per month.
The net proceeds from the Offering will be used for development activities at the Camino Rojo Oxide Gold Project and at the Cerro Quema Oxide Gold Project, exploration activities, technical studies on the Camino Rojo Sulphide Project, and for general corporate purposes, as further detailed in the prospectus supplement.
“While we are still very committed to and enthusiastic about our gold projects in Mexico, we couldn’t pass up the opportunity to acquire such an exciting gold exploration play in Newfoundland where recent exploration successes have already defined two new gold deposits and several discoveries,” stated Joanne Freeze, President and CEO of Xali Gold.
“I am pleased to report that mining of ore has resumed ahead of schedule in the Urucum Central South pit as the conditions affecting the stability of the west wall have improved significantly,” stated Robert Henderson, President and CEO.
“The zone at Casados continues to show high grade intercepts included within wider zones of potentially bulk mineable tonnage,” said Brad Langille, President and CEO. “We continue to advance Los Ricos North towards a significant initial resource.”
“We believe that some of the geophysical targets at Donovan 2, along with the geological target at Los Alamos, have not been adequately tested. Along with reinterpretation of the geophysical data and surface geochemical work, we want to ensure we have optimised target generation to follow up with our systematic maiden drilling program.”
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.
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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.
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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.
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