Author: Josue Gomez

Pacifico Minerals Limited is pleased to report it has entered into a Binding Option and Terms to Purchase agreement to acquire all the issued capital in Minera GS S.A. de C.V., a privately held gold mining and exploration company incorporated in Mexico that holds 100% of the mineral rights within the prospective tenement T.243345 .

Los empresarios Fernando Alanís Ortega, director general de Peñoles; Jaime Lomelí Guillén y Christopher Ávila Mier, del Corporativo Bal, manifestaron su voluntad de trabajar junto al gobierno en pro de una minería sustentable y exitosa…

Discovery President and CEO, Taj Singh comments: “We are pleased with the results from our Phase I drill program at La Kika, the first-ever drilling at this project. Drilling focused on a very shallow zone around historic workings. We intersected a series of narrow, high-grade mantos, suggesting potential for an extensive mineralized system at depth. Results from a property-wide geochemical sampling program indicate that the prospective area at La Kika may be substantially larger than originally hypothesized. Next steps at La Kika include detailed mapping of the newly identified area, property-wide geophysics and possibly trenching work.”

Gillian Kearvell, VP Exploration, added: “While it is not uncommon in today’s market driven environment to seek short cuts to reduce the timeline to discovery, positive exploration results are nevertheless dependent on time, hard work and persistence to succeed. This important new interpretation at Tepal is a direct result of the focused effort and dedication shown by the field exploration team with the support of key stakeholders. We are delighted by the success of the 2017 field program and are very much looking forward to an exciting exploration year ahead.”

Project operator Minera Teck S.A. de C.V., a 100%-owned subsidiary of Canada’s largest diversified resource company, Teck Resources Limited, has advised Azure that all drill core from its 11-hole diamond drilling program completed in December 2017 has been logged and sampled. All samples have been submitted for assaying and receipt of assay results is in progress.

Gracias a las aportaciones del Fondo Minero para el municipio de Fresnillo, el alcalde José Haro de la Torre entregó obras en la Telesecundaria Sócrates de Valdecañas, con inversión de 618 mil 821 pesos, y un domo multifuncional en la primaria Emiliano Zapata, que costó 672 mil 427 pesos.

Tawn Albinson, the President of Prospero said: “Although the current drill program is limited to 3 holes, we’ve cut new vein systems within 25km of one of the world’s great silver-gold districts, the Pachuca-Real Del Monte system, which produced over 1.2-billion ounces of silver. We have at least 6-7km of linear, structurally-controlled alteration at surface on our concession so hitting multi-ounce and multi-gram silver and gold grades with the first 2 holes is exciting. The intercepts, which include 1.35m @ 227 Ag between 147.4m and 148.8m in hole 1, demonstrate that the negligible Ag and Au anomalies we noted in the surface alteration are related to a potentially significant epithermal vein system at depth. For example, the main vein structure in hole 2 is over 12m thick down hole; probably 8-10m true thickness, carries 0.39 ppm Au and 33 ppm Ag, and the third intercept which is 0.75 meters in width carries 6.4 ppm Au and 75 ppm Ag.”

Tim Barry, President, CEO and director of Silver Bull states, “We have identified two distinct zones of high grade sulphide mineralization that are 4 to 5 meters in width and trend in a roughly E-W direction. Our recent drilling has extended these two zones to over 150 meters each along strike. The zone to the north is dominated by high grade silver, up to 1,300g/t and high grade copper up to 3.3%, whilst the zone to the south has, in addition to high grade silver and copper, high grade zinc grading over 20%. This is interpreted to represent a zonation of metals in the deposit. In addition to the area recently drilled we have opened up an additional 350 meters of historical workings along the east-west trend of the sulphide mineralization which was announced in January 2018. ..”