The key objective for Prospero and its strategic partner Fortuna Silver Mines Inc. is to complete first-pass, proof-of-concept drill testing of key projects in the Altiplano belt of northern Mexico. Three projects have been shortlisted: Bermudez, Buenavista and Trias. Bermudez and Buenavista are covered by granted concessions, and Prospero anticipates that the Trias concession should be granted shortly.
“Our operations again delivered on target quarterly results while we continue to execute very well on our robust pipeline of growth projects, which together with excellent exploration results from across our portfolio, continues to enhance confidence in our 20/20/20 plan of growing production and reserves by 20%, and reducing AISC by 20% by 2021,” said David Garofalo, President and Chief Executive Officer of Goldcorp. “The completion of a solid pre-feasibility study at NuevaUnión and the acceleration of study work, exploration and engineering at Century and Norte Abierto underpin our Beyond 20/20 pipeline of potential new long-life, low-cost and large-scale mines.”
“We are very excited about the 2018 exploration program which got underway during the first quarter. The exploration strategy remains unchanged with a focus on reserve replacement and new target generation,” said Paul Harbidge, Senior Vice-President, Exploration. “Leveraging the success we had in 2017 in advancing new targets such as Amerikona at Coffee, and Silica Cap at Cerro Negro, we have an aggressive program ahead of us this year to advance targets from our core assets through conversion of resources into reserves. I’m very confident in our ability to reach our targeted 20% increase in reserves by 2021.”
La minera de metales preciosos Fresnillo Plc reportó el miércoles un alza del 14 por ciento en su producción de plata en el primer trimestre, impulsada por el inicio de las operaciones de la Fase II del complejo San Julián, propiedad de la compañía en México.
Alexander Mining PLC on Wednesday said it has agreed an extension and expansion of its lithium ore processing joint venture with an inventor of its two main technologies.
Las reservas de las minas en Fresnillo permitirán la operación por los próximos 20 años, estimó Octavio Alvídrez Ortega, director general de Fresnillo plc.
Its the modern gold rush. Around the world, the most sought-after mineral isnt a precious metal, nor is it oil and gas its lithium.
SilverCrest Metals Inc. is pleased to announce that a technical report titled Technical Report and Mineral Resource Estimate for the Las Chispas Property, Sonora, Mexico, dated April 23, 2018, with an effective date of February 12, 2018, was filed today on SEDAR at www.sedar.com and is also available on SilverCrests website. The Las Chispas Report was independently completed for the Company by Tetra Tech Canada Inc. in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects.
“Capstone reported positive net income and cash flow in the first quarter of 2018, on contributions from both Pinto Valley and Cozamin,” said Darren Pylot, President and CEO of Capstone. “We also announced the sale of our Minto Mine for $37.5 million of cash plus working capital.”
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