Author: Josue Gomez

Mexican Gold Signs Drill Contract to Commence Drilling Program at Las Minas

The Company has contracted with K.D.L. Mexico S.A de C.V. for up to 3,000 metres of diamond drilling. The drill program will focus on expanding known mineralization at the El Dorado/Juan Bran, Cinco Senores, and Las Minillas zones and testing new targets identified by geophysical surveys. Drilling will also be scheduled for the high-grade Santa Cruz zone, contingent on the results of a planned surface work program at the site.

Americas Silver Corporation Provides An Exploration Update On Its Cosala Operations Property

“We are very encouraged by the initial success of this drilling,” said Darren Blasutti, President & CEO of Americas Silver Corporation. “Not only did the infill drilling increase the confidence of the existing resource at Zone 120, but the step out drilling to the southern extension confirms our geologists view of a larger, more robust system which could extend to the El Cajón deposit.”

Prospero To Drill El Petate Project With Fortuna Silver

Prospero Silver Corp is pleased to provide an update on its on-going 5 month 6,950 m reconnaissance drill campaign funded by strategic partner Fortuna Silver Mines Inc. The drill program is designed to carry out first-pass drilling of a number of Prospero’s early stage projects in the world class Mexican Altiplano mineral belt.

Santacruz Silver Reports Second Quarter 2017 Production Results

“At Rosario, production quarter over quarter has seen improvements as we transition from mineralized material from development to actual producing stopes at the Membrillo and Cinco Estrellas mines. In addition to this, the Veta Grande mine development has now reached Level 6, and mill recoveries have improved aiming to reach the targeted levels for silver during Q4” stated Arturo Préstamo, CEO of Santacruz adding, “The addition of Membrillo and Cinco Estrellas as feeders to the Rosario Mill has increased the gold content within our Rosario produced concentrates, while higher silver grade areas are now being accessed as the main Membrillo vein starts contributing to Rosario’s mill feed.”

Consolidated Zinc Ltd. – Sampling Defines New High Grade Area at Las Espadas West

Additional high-grade zinc and lead mineralisation has been identified from mapping and sampling of the La Espadas West area located in the north part of the mine;

Both Las Espadas East and West mineralisation are accessible via Level 5 workings;

29 rock chip channel samples were taken over 90m strike of massive and semimassive sphalerite and galena mineralisation;

High grade results returned values of 50.22%, 49.13% and 40.18% Zn+Pb combined along with 35.6g/t, 49.9g/t and 32.4g/t Ag, respectively.

Results provide new evidence that improved structural understanding of the deposit is resulting in the identification of additional mineralisation at Plomosas.

Bacanora Minerals Provides Sonora Lithium Project Update

Bacanora, the London and Canadian listed (AIM: BCN, TSXV: BCN) lithium exploration and development company, is pleased to provide an update on its flagship Sonora Project (‘Sonora’) in Mexico, one of the world’s larger lithium resources, where the Feasibility Study (‘FS’) for a 35,000 tpa lithium carbonate (Li2CO3 ) operation is scheduled for completion in late 2017. Li2CO3 is a key component of battery technology used in rapidly-growing industries such as electric vehicles and energy storage. Bacanora is focused on its con)nuing objective of becoming a significant large scale supplier to these emerging industries and is targeting first production at Sonora in 2019/2020.

Colibri reports plans to extend R.C. Drilling at their newly acquired Pilar Gold Project

Colibri Resource Corporation is pleased to announce plans to extend three tranches of R.C. Drilling (10,000 meters) at its newly acquired Pilar Gold Project. The Pilar Gold Project is near Suaqui Grande, Sonora, Mexico. Colibri is also pleased to announce that, as this next round of drilling is extremely important, it has retained Pierre Jean Lafleur, one of the best known mining engineers in the world, for 3D hole plottings of pre-drilling and drilling services.

Starcore Appoints New Chief Operating Officer

“We are proud to have Salvador join our management team as Chief Operating Officer,” said Robert Eadie, President & CEO of Starcore. “He has distinguished himself in Mexico’s mining industry, and with his vast experience in operating mining projects and his work with major mining companies, he adds a depth to our management that will help us propel Starcore to a new level of asset building and growth.”

Almaden Discovers High Grade Mineralisation in a Previously Undrilled Area Inside the PFS Pit and Confirms Ixtaca North Zone

J.D. Poliquin, chairman of Almaden stated, “While we have established Ixtaca as a prominent new discovery of gold and silver reserves, we are clearly only at the beginning of the discovery cycle at this project. Ongoing drilling in areas within and proximal to the PFS pit will provide very useful input into the continuing work to deliver a feasibility study early next year, and will begin the process of testing new targets on the Tuligtic claim.”

Silver Bull Identifies a new Massive Sulphide Zone Grading up to 1315 G/T Silver, 12.8% Copper, 18.3% Lead and 42% Zinc at the Sierra Mojada Project, Coahuila, Mexico.

Tim Barry, President, CEO and director of Silver Bull states, “The significance of finding sulphide mineralization at Sierra Mojada is that it will likely have very straight forward metallurgy and appears to have a consistently higher grade for silver when compared to our current NI43-101 compliant oxide resource. We have now defined three separate high grade sulphide occurrences to form an east-west sulphide target zone 1.4 kilometers long which is open to the west. The new sulphide zone sits at a level below the already defined oxide mineralization and has opened up a whole new series of high grade targets. From our underground geological mapping we see a number of high angle structures up to 2 meters wide containing sulphide mineralization grading up to 1,300 grams per ton silver, 42% zinc and 13% copper that appear to feed into the overlying oxide zone. Presently we are planning a more comprehensive channel sampling and underground drill program using the company owned Termite drill to test the continuity along strike and down dip of these very high grade zones. Additionally we will also aim to test the areas in between these high grade zones to see if there is potential for a bulk tonnage sulphide target. We expect this drill program to start before the end of the month.”

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