Evrim Resources Corp. (TSX.V: EVM) is pleased to announce the results of its Annual and Special General Meeting of Shareholders held on July 16, 2018 in Vancouver, British Columbia. All resolutions voted on at the meeting were approved with greater than 99% support.
Mexus Gold US (OTCQB:MXSG) today gave an update on its operations in Mexico. The information provided was compiled by Mexus geologist, Cesar Lemas, who is providing the necessary data from the companys multiple properties.
The San Rafael mine successfully increased mining and milling rates by almost 15% during the quarter and we expect further increases in the third quarter as it continues to ramp up the mill to capacity, said Darren Blasutti, President & CEO of Americas Silver. These increases allowed the Company to continue to drive down its industry-leading cash costs and AISC when compared to both last quarter and last year, despite lower than expected production from the Galena Complex. Now that the necessary repairs at Galena have been successfully completed in the second quarter, we can continue to execute our operational plan for the remainder of the year.
President Lawrence Page Q. C. stated The identification of a significant low sulphidation epithermal, precious metal system at CLM West when added to the existing skarn-hosted mineral resources of the project would greatly enhance the prospects of the overall property and highlight the true district-scale potential of the Cerro Las Minitas Project with potential contributions from two distinct geologic systems
The execution of this unsolicited offtake agreement reinforces our confidence that the potential of the Pino de Plata project may be quite robust. The high grades of silver and base metals mineralization sampled on surface indicate the prospective tenor of grades we anticipate drilling to define significant resources, stated Karl Boltz, CEO of Silver Spruce.
Peñasquito, de la empresa Goldcorp, encabezó la lista de las 10 minas de oro más grandes de México en 2017, de acuerdo con datos de la Cámara Minera de México (Caninex).
Mr. Salvador Garcia, P. Eng., stated Many positive developments over the past year at San Martin are coming to fruition. Our planning and development, coupled with a focus on operational excellence, have opened new zones like Cuerpo 28 and San Jose 2. Our team has done an excellent job through the process and we look forward to continually transferring resources to reserves and finding new structures.
San Marco CEO Christian Grijalva stated: Were very pleased with the results we have generated over the past few months at Chunibas. Weve been able to conclusively demonstrate that the copper mineralization on the Chunibas property represents a typical volcanic-hosted stratiform system, analogous to several known copper-silver Chilean deposits but previously unknown in Mexico. Now that we have confirmed both scale and consistency, the next step will be preparations for a drilling campaign to locate higher-grade areas and then expand those areas down-dip and along strike. The Company expects a drill program could start as soon as the rainy season ends, and local road conditions improve.
Kootenay President and CEO James McDonald states, Based on consistent anomalous silver and gold values both along strike and across excellent vein widths of up to 15 meters, we see good potential for the discovery of a classic high-grade vein hosted silver-gold deposit. The exploration team will continue to systematically map and sample the surface exposures found on the Property in the coming weeks to delineate drill targets.
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