Liberty Star Uranium & Metals Corp. announces with great sadness that Dr. John Guilbert, a respected and valued member of the Liberty Star board of directors, passed away around noon on October 17th at the Oro Valley Hospital near his home.
VVC Exploration Corp is a resource company currently working to bring its flagship Samalayuca copper property in Chihuahua, Mexico to production. The NI 43-101 for the property was completed by Dr. Michel Boliy in 2013 represents an Inferred Mineral resource of 4.1 million tons of copper ore grading 0.47% copper and 5.8 g/t silver. This resource estimate was based on fresh rock samples from existing pits and from core drilling done by Phelps Dodge on the property and covers less than 10% of the mineralized zone.
The 2017 drilling on the Cerro Las Minitas project, Durango Mexico totaled approximately 13,600m in 18 drill holes and successfully identified and extended the new Skarn Front zone of mineralization beneath the Blind and El Sol deposits. Data compilation and modelling continues on the new mineralized zone that will be incorporated into an updated Mineral Resource Estimate due in the coming weeks. Surface work continues on the newly acquired Biznagas, Los Lenchos and Creston Del Oro claims, which are targeting precious-metal-enriched, volcanic-hosted, epithermal vein systems similar and on trend to the Avino Ag-Au mine and the adjacent San Sebastian Mine.
CEO Dan Omeniuk comments, “We are excited at the prospect of working with Albert Buu in connection with the acquisition of Symple. We are currently negotiating the definitive agreement and finalizing due diligence on the proposed transaction. Personally, I am also looking forward to working with Albert Buu in Manitoba, a place where I’ve done business for nearly 40 years. I truly believe that the sector can provide our shareholders with a unique angle to differentiate ourselves from other mining companies.”
Riversides President and CEO, John-Mark Staude, stated: We see great discovery potential at Peñoles and will provide shareholders with additional updates on our progress as we make advancements towards a new partnership or self-funded drill campaign. We are committed to creating value through discovery and have updated our approach to budget for more self-funded exploration and drilling in addition to all of our partner-funded activity. We are currently engaged with prospective partners on several of our projects and we are confident that the Company will be able to deliver multiple new drill programs during this years winter season.
Neil Woodyer, CEO stated: The drilling program has been very successful in adding mineral resources, as demonstrated by the significant increase in the interim Measured and Indicated Resources and additional Inferred Resources reported on October 16. Our drilling program is continuing with 13 active drill rigs and 41 additional holes to be completed by year end. The exploration program at Bermejal is exceeding our expectations.
Oceanus Resources Corporation is pleased to announce the appointment of Ms. Tania Shaw to the position of Vice President, Investor Relations.
“This is an exciting milestone for Corex and a culmination of a tremendous amount of work that started with the Company’s discovery of Santana and is now a working partnership with Chester Millar and the MDG technical team. This collaboration has greatly assisted in advancing the development test work and successfully recovering the first gold from the property.” said Doug Ramshaw, Corex’s President and CEO.
We are excited to be moving forward with Tejamen, by developing future drilling plans to test high grade mineral potential. When surface access is obtained we will be well positioned to commence drilling stated Carlos Espinosa, President of Monarca Minerals Inc. We plan a very active year to advance and further define the resource potential within our projects.
Mr. Thorsen has almost five decades experience in the mining industry, including 20 years with Teck Resources Ltd. At the time of his retirement from Teck in 2000, Mr. Thorsen, as President of Teck Exploration Ltd., was in charge of exploration and administration in 17 countries.
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