Month: June 2023

Minaurum Extends Key Mining Permit at Alamos Silver Project

“With the extension of the MIA, Alamos becomes the only recent silver discovery in Mexico that is fully permitted through construction,” stated Darrell Rader, President and CEO. “It is a testament to our Mexican partners’ foresight that the mining permit was secured during the project’s inception, and puts us in a highly advantageous position as we continue to define silver resources.”

Guanajuato Silver Provides Updated PEA for the El Cubo Mines Complex

James Anderson, Chairman and CEO, said, “Guanajuato Silver has grown significantly over the past two years through a strategy of acquiring older mines in the Guanajuato Mining Camp and the State of Durango, and bringing them efficiently back into production. Because of the nature and swiftness of these acquisitions, most of the mineralized material at these mines were categorized as historical resource estimates. As previously announced, we have initiated a program to upgrade our existing resources and historical estimates to current resources.”

Dan primera suspensión amplia contra reforma minera

“Se concede la suspensión provisional, para el efecto de que no se le aplique ninguna de las disposiciones del decreto por el que se reforman, adicionan y derogan diversas disposiciones de la Ley Minera, Ley de Aguas Nacionales, Ley General del Equilibrio Ecológico y la Protección al Ambiente y Ley General para la Prevención y Gestión Integral de los Residuos, en materia de concesiones para minería y agua”.

Torex Gold Announces Results of its 2023 Meeting of Shareholders

“I am pleased with the re-election of Directors and look forward to continuing to work with each of them. We have now completed a process that has been ongoing over the past three years to refresh, strengthen, and diversify the competencies and skills of our Board, and I have every confidence that we have the right group of individuals in place to provide the level of governance required to take Torex to the next level.”

Orla Mining Provides Update on Successful Drilling Program in Mexico

The 2023 Camino Rojo Sulphides infill and deep extension drill programs continue to generate excellent gold intersections, including massive sulphide replacement style mineralization below the current resource. These results are exciting as they enhance future development opportunity scenarios and provide resource growth potential at depth.”

Discovery Silver Provides Cordero Project Update

“We are putting the final touches on our Environmental Impact Statement, a significant step in the permitting process for Cordero and the culmination of detailed social and environmental assessment work completed by the Company. Our Feasibility Study work is well advanced and remains on schedule for completion in 1H 2024. Recent drill results highlight the potential to further grow reserves within and on the margins of the open pit. We also remain focused on optimization opportunities within the study including potentially reducing reagent costs, achieving higher recoveries and lowering mining costs through adopting larger benches and bigger mining equipment.”

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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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.