Brigadier Gold Terminates Picachos Option
May 17, 2022
Based on results of the Company’s 50-hole, 5057m drill program conducted during 2020 and 2021 at Picachos, Brigadier made the decision to terminate the agreement.
Menu
Menu
Based on results of the Company’s 50-hole, 5057m drill program conducted during 2020 and 2021 at Picachos, Brigadier made the decision to terminate the agreement.
Mel Herdrick, Sonoro’s VP Exploration, commented, “We continue to report good gold bearing intervals of mineralization as well as higher-grades intercepts that continue to add to potential mineralized material. Results from another 15 drill holes are still pending and we are working to determine the structural controls of the new higher-grade zones.”
Fresnillo plc will hold its Annual General Meeting today. Chairman Mr Alejandro Baillères will make the following statement:
Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to partner again with Hochschild Mining as we have had a productive and positive relationship working together on several past projects. Riverside has invested in working up the project to an actionable stage and consolidated the tenures making this a highly prospective property that warrants the type of exploration spending that this agreement provides.”
Silver Tiger’s CEO, Glenn Jessome, stated, “Drill Hole 329 is very significant as it is one of the first near vertical drill holes to test the width of the disseminated high grade mineralization in the black shale as it extends away from the high grade quartz veins at El Tigre. We are continuing these vertical holes in the black shale around other major quartz veins at El Tigre to test this new previously unexplored wide high grade mineralization in the black shale horizon.”
“We would like to congratulate the Altaley team for bringing Tahuehueto into pre-production”, stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty. “It is extremely rewarding to see our initial investment moving forward from a development stage asset into a producing mine and we look forward to start receiving revenue from this mine in Q2 2022.”
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
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
