“We have steadily built our cash back to $5 million with a strong working capital position,” reported Robert Eadie, CEO and President of the Company. “We are now deploying this cash to further acquire and explore new properties as well as expand exploration at the San Martin mine.”
CEO Fred Davidson stated “With cashflow positive at operations and a healthy treasury we are focusing on following up on the many qualified and highly prospective targets within our GIS database on our large 211 square kilometer land package.”
“We see potential for a new chapter at the La Colorada mine which, based on the grades and widths of the veins encountered to date, could include another underground mine. We are currently planning our phase three program, and it will include modeling, mine planning and analysis of best processing methods.”
Silver Spruce Resources Inc. announced today that the Board of Directors has appointed Kevin Thieneman as Chairman of the Board of Directors effective September 10, 2021.
Mexus Gold US announced that it has completed the first sale of substantial gold from production at its Santa Elena mine located in Caborca, MX.
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.
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.
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