Category: Exploration and Development

Tawn Albinson, the President of Prospero Silver commented: “We are pleased with the latest set of results from Pachuca SE. Holes 1, 2, 3, 10, & 11 have highlighted interesting precious metal grades over intervals of up to 24.9m downhole, indicating prospective other deeper targets for future drilling, although the strike extent is unknown at the moment. We’ll be discussing the implications of the current results with Fortuna soon.”

Leagold CEO Neil Woodyer stated: “These drill programs at Los Filos will contribute to the reserve base and extend the mine life. At the Los Filos underground mine, we have encountered a new zone of mineralization and have confidence of adding this to reserves.”

El comunicado firmado por el Lic. Jorge G. Villalobos, Presidente de Cemefi, señala: “Nos da mucho gusto constatar que gracias al compromiso y liderazgo de empresas como Minas de Oro Nacional – Alamos Gold, sigue creciendo en nuestro país la cultura de la responsabilidad social empresarial, para beneficio de todos.”

Sonoro Metals Corp. reports that a comprehensive program of 3D modeling, mapping and sampling is currently underway at the Company’s Cerro Caliche gold project in Sonora State, Mexico. The program is a continuation of the Company’s strategy of systematically exploring Cerro Caliche as it concurrently advances its proposed heap leach pilot operation. Drilling to date continues to outline shallow, bulk tonnage gold mineralized zones with grades similar to operating heap leach mines in the region.

Oceanus Resources Corporation announces the commencement of the 2019 exploration program at its 100% owned El Tigre Gold-Silver Property located in Sonora, Mexico. The El Tigre Property is located in north‐eastern Sonora State, approximately 90 kilometers south‐southeast of Douglas, Arizona.

The San Ramon mine has produced for 14 years and continues to yield more silver mineralization. The San Ramon Deeps zone continues down to the southeast extending the known mineralized system to a depth of 1,611 m above sea level. Known mineralization over the total San Ramon workings has a down dip length of over 500m. Further drilling is planned to further test the extent of this prolific zone.

Taj Singh, President and CEO, states: “In just a few short weeks we have made great strides at Cordero. We have integrated our teams, progressed well through our review of historic drilling, planned our first holes, and accelerated the start-up of our drill campaign. We are very excited to be aggressively exploring one of the world’s largest silver projects against a backdrop of rising silver prices and we are confident that our high-grade and high-margin approach at Cordero will add significant value.”

Commenting on the strong potential of the Alacrán Project, Azure’s Managing Director, Mr. Tony Rovira, said: “Azure’s exploration team has a good track record for making significant silver and gold discoveries on the Alacrán project, with the Mesa de Plata and Loma Bonita deposits together containing resources of more than 32 million ounces of silver and 150,000 ounces of gold.”

“M3 has a wealth of engineering knowledge and with its extensive experience in Mexico, it is well suited to design and build the Camino Rojo project on time and on budget”, stated Jason Simpson, President and Chief Executive Officer of Orla. “We look forward to commencing detailed engineering work by mid-September as we work with M3 to build a high-quality project that begins to produce gold in mid-2021.”

Radius Gold Inc. is pleased to announce that Pan American Silver Corp. has elected to operate the next phase of exploration at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico, and will reinitiate work in Q3 of 2019. The work program at Amalia will focus on preparation and execution of the phase 3 drilling program which includes an additional 2,500 m of diamond drilling.

Bill Brodie Good, Technical Director of Alien commented, “the Company’s San Celso and Los Campos projects continue to show significant potential for high-grade silver mineralisation. This recent round of sampling has confirmed historic surface and underground work on these projects and that there remain significant mineralised in-situ ore bodies to be developed.”

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Based on the size and number of vein intersections in the near surface drilling in the andesites, our exploration team has felt that we have found a very large system. The IP survey has now identified such a possible system. Where the IP anomaly starts is approximately 100 metres below the past drilling and almost directly under the main Tabasquena vein. This depth is very important because it is approximately where the graphitic phyllite horizon begins. The major mines nearby, operated by Fresnillo Plc., and MAG Silver’s Juanicipio mine currently under construction, are epithermal veins systems focused on zones within the graphitic phyllites…”

One World Lithium Inc. announces that Mike Rosko of Montgomery & Associates and operator of the Salar del Diablo exploration program will be meeting drilling companies and other service providers in Hermosillo, Mexico before touring the Salar del Diablo Property located in Baja California, Mexico. Also attending the meetings and site tour will be Doug Fulcher, OWL’s President and CEO, and Kevin Milledge, an OWL Director and manager of field operations. They will visit previous and proposed drill site locations as well as surface geological features. The field trip will be from September 09 to 12, 2019.

Minera Alamos Inc. is pleased to announce that ongoing exploration work on its extensive land position at the Santana gold project has identified significant new Nicho-style Au-Ag surface anomalies at the newly named “Gold Ridge” discovery zone to the east of the Nicho deposit.

Galore Resources Inc. has received assay results for the first two core holes at El Alamo as part of a 2,500-meter diamond core drilling program at the Dos Santos Project, Concepcion del Oro, Zacatecas. Holes EA-001 and EA-002 returned low grade silver values, possibly indicative of an upper level epithermal system.