Mexus Gold US released a report written by geologist Cesar Lemas on its Ures property located near Hermosillo, Mexico. The preliminary geological report details initial sampling done on the properties 3 concessions- 370, 8 Brothers, and Scorpio.
Levon Resources Ltd. is pleased to announce the 2018 updated NI 43-101 mineral resource estimate and a 2018 Preliminary Economic Assessment for the Cordero silver, zinc, lead, and gold porphyry project, located 35 kilometers northeast of Hidalgo Del Parral, Chihuahua State, Mexico. Levon expects to continue its evaluation of the Cordero flagship project with the intent of advancing it to the prefeasibility or feasibility stage, and to seek a strategic partner. The timeline and estimated capital required to advance the project to the next stage are under review. The 2018 resource update includes the 2014 Cordero NI 43-101 resource and the results of 2017 infill resource drilling.
Arturo Prestamo, Santacruzs President and CEO stated In 2017 Santacruz made several positive steps towards solidifying its operations base including the retirement of the senior JMET debt facility, the negotiation of the outright acquisition of the Veta Grande Project, the appointment of Carlos Silva as COO, and optioning 20% of the Companys Zacatecas mineral portfolio to Carrizal Mining, S.A. de C.V. Mr. Prestamo continued Further, as a first step to address the Companys current working capital needs Santacruz has entered into a services agreement with Carrizal Mining to provide to it certain mining related services that will generate approximately US$1.1 million of monthly cash flow to Santacruz.
Radius continues to advance the Amalia project and is currently permitting drilling and bulldozer trenching, which is expected to be granted in the coming months. Sampling conducted in the last field campaign resulted in a new high-grade extension northward of Campamento zone with a continuous rock chip channel assaying 4.5 m at 10.3 g/t Au and 202 g/t Ag. This extends the total strike length of outcrop of the high level chalcedonic breccias and stockwork zone at Campamento to 500 m.
Mexican zinc explorer, Consolidated Zinc Limited is pleased to announce the appointment of Mr Brad Marwood to the position of Chief Executive Officer effective 4 March, 2018.
The program has reaffirmed the highly prospective nature of La Plata and the Company will now assess the best way to advance the La Plata, Mojardina and Santa Eduviges prospects and the regional exploration in the Northern Zone where the coincidence of gold and hydrothermal haematite occurs.
Sonora es considerado como uno de los depósitos de litio de arcilla más grandes del mundo, apunta la compañía.
Keith Piggott, Chairman, President and CEO of Goldgroup commented: ” Our primary focus for 2018 is to continue to ramp up gold production through the existing mine at Cerro Prieto and the addition of the new Cerro Prieto Regional property and lower crushing and mining costs through brining better efficiency into Cerro Prieto, which will improve the financial position of the Company moving forward.”
Peter Secker, CEO of Bacanora, said, “With strong demand for high value lithium products being driven by rapidly emerging industries such as electric vehicles and energy storage, there is a need for world class lithium deposits to be brought into production. With a US$1.25billion NPV, a 26.1% IRR, and US$3,910/t Li2CO3 Life of Mine operating costs, the recently completed Feasibility Study confirms Sonora is one such world class project…”
Commenting on the soil sampling results, Azures Managing Director, Mr Tony Rovira, stated: Azure has undertaken the first modern exploration on the Mina Blanca Ranch in the western part of the Oposura property, and the systematic and technical approach is delivering positive results.”
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