Silver Valley Metals Corp., a brownfield exploration Company with two projects comprising silver-zinc-lead located in north Idaho, USA and lithium – potassium (sulphate of potash) located in Zacatecas and San Luis Potosi, Mexico respectively, is pleased to announce the appointment to the Board of Directors, Mr. Miroslav Reba.
“We are excited about the latest assays from the drilling program at ELG Underground as the high grade intercepts continue to validate the long-term potential of this evolving orebody. Importantly, as our understanding of the structural controls matures, so does our confidence in our ability to continue to replace reserves and resources and to significantly grow the overall mineral endowment of the ELG Cluster.”
Bylsa Drilling has risen to the challenge of minimizing the negative impact on the natural environment in terms of fuel, oil and noise pollution. “It’s not just about innovating, it’s about reinventing. We have created a 100% portable drill that requires no roads, can be disassembled and reassembled in less than 24 hours and, most importantly, its conversion to electric power minimizes environmental impact,” added Mr. Lagarda.
Bruce Smith, Radius Gold President and CEO, commented: “We are pleased with Fresnillo’s, the world’s largest silver mining company, continued commitment to the Plata Verde project, given some uncertainty over new Mexican mining regulations which have delayed the start of drilling. With the last payment of the Exclusivity Agreement completed, Radius anticipates drilling will start within the first months of 2024.”
Ernesto Balarezo, CEO of Sierra Metals, commented, “Qualifying for the OTCQX Market is a milestone in our efforts to increase visibility and accessibility for our current and prospective U.S. and international shareholders. Sierra is well positioned for growth at its mines in Peru and Mexico and we intend to support our OTCQX listing with a robust investor relation program.”
This maiden drill program will consist of 10 to 12 HQ core holes totaling approximately 1,500 metres. This portion of the Buenavista vein-breccia structure was sampled at surface and underground during the last sampling program and returned a number of high-grade gold and silver intervals with assays as high as 239.9 g/t Au and 1390 g/t Ag.
“We are extremely honored to welcome Eduardo Luna to the Vizsla board,” stated President and CEO, Michael Konnert. “Eduardo is one of the most accomplished and experienced miners in all of Mexico. He was instrumental in unlocking value for Luismin, Goldcorp and Silver Wheaton at the world-class San Dimas mine, which continues to be one of the Country’s top producers of silver and gold.”
“The operations had strong silver production in October which is expected to continue for the balance of the year, positioning the Company to meet the lower end of its full year silver production targets following a difficult Q3-2023,” stated Americas President and CEO Darren Blasutti.
“The amendment to the MIA is the last environmental approval required for the operational phase of the Media Luna Project and allows us to move forward with the deposition of tailings into the mined-out Guajes open pit. The switch to in-pit tailings deposition from filtered and dry-stacked tailings will coincide with the planned commissioning of the copper and iron sulphide flotation circuits as well as concentrate filtering and handling facilities.”
A company news release said Vale has signed an agreement to have rotor sails installed on the Valemax-class ship, Sohar Max, which is 362 metres long, 65 metres wide and able to carry up to 400,000 metric tonnes of cargo.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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