Category: Exploration and Development

Radius Gold and Pan American Silver include 800 ha Palmillas Properties within the Amalia Gold-Silver JV in Chihuahua, Mexico

Radius Gold Inc. is pleased to report that Pan American Silver Corp. has elected to exercise a right to include the 800ha Palmillas Properties within the Amalia Project joint venture. The Palmillas Properties host multiple exploration targets, including high-grade silver-gold mineralization, outcropping 1.8km northwest along strike from the drill defined high-grade zone at San Pedro.

First Majestic Announces High-Grade Drill Results from its 2019 Exploration Program at the Ermitaño project within the Santa Elena Land Package

“Today’s exploration results bring us another step closer to ensuring a longer mine life for Santa Elena,” stated Keith Neumeyer, President and CEO of First Majestic. “Not only has this program increased our confidence in the resource but we also encountered significant intercepts of high-grade gold which we expect will improve the overall grade of the resource. Next month we plan to announce an updated resource estimate for the Ermitaño project which will include these high-grade drill results.”

Juanicipio Project Update

Octavio Alvídrez, Chief Executive Officer of Fresnillo plc, said: “Juanicipio is an outstanding project which will generate strong returns for our shareholders, and significant benefits to the region. We continue to de-risk and refine the best construction plan that will drive the most value and ensure we capitalise on the opportunity that Juanicipio presents. I am pleased to confirm we are accelerating development of the underground mine and as a result, I expect the mine will be producing silver and gold ahead of schedule in 2020.”

GoGold Launches Second Exploration Project in the Los Ricos District

“We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces. With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the most prospective in Mexico” said Brad Langille, President and CEO.

Geophysics Survey (IP) Outlines New Targets at Commander’s Pedro Gold Project, Mexico

Commander Resources Ltd. is pleased to report results from a 70 line kilometre Induced Polarization survey completed at the Company’s Pedro Gold project in late 2019. The Pedro property is located 100 Km from Torreon, Mexico in the northeastern part of the State of Durango and approximately 30 km west of the town of Mapimi. The wholly owned 1,750 ha property was acquired directly by Commander in 2016 from Bearing Lithium.

Newmont Brings First Autonomous Haulage Fleet to Gold Mining Industry

Newmont Corporation announced today that its Board of Directors unanimously approved investment in an Autonomous Haulage System at Boddington in Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet.

Discovery Drills 105.9 Meters of 188 g/t Silver Equivalent at its Cordero Project, Mexico

Taj Singh, President and CEO, states: “We are pleased with this second set of drill results, as it further validates the near-surface high-grade potential at Cordero. Drilling completed to-date clearly shows that there is excellent continuity and higher grades within the breccia-hosted mineralization. With the addition of two new drill rigs in January, we are excited to now have four drill rigs turning at Cordero and we look forward to the results from this increase in drill activity over the next few quarters.”

Minaurum Acquires Historical Drilling Data Revealing High-Grade Extensions of Past Producing Mines at the Alamos Project; Schedules Webcast to Discuss

“Minaurum’s Phase I drilling demonstrated the district-scale potential for high-grade veins at Alamos. The acquisition of this data adds another dimension to the project by providing low-to-no-cost geologic answers for areas that Minaurum would otherwise have had to drill, while revealing high-potential targets for immediate drilling around the old mines,” stated Darrell Rader, President and CEO of Minaurum Gold.

Minera Alamos Drilling Provides Further Confirmation of Significant Disseminated Mineralization at the Divisadero Discovery; and Successful Completion of Initial Water Well Testing

“The Santana property mineralization is hosted within a series of well-defined breccia pipes, only two of which have been drill tested in any significant manner. In 2018, the Company drilled one of these previously untested targets near the currently planned starter operations resulting in a significant new discovery, called Divisadero. This new discovery provided Minera Alamos with increased confidence that the overall project area may contain multiple Nicho-style mineralization centres that are easily accessible from surface.” stated Darren Koningen, CEO of Minera Alamos.

Premier Reports Positive Development Progress at Lupita Extension

“Our underground development program is confirming Lupita Extension as an important contributor to the future of Mercedes,” commented Stephen McGibbon, Executive Vice-President. “We are now working to determine how best to bring this newest discovery to production.”

Vizsla Resources Samples 1,264 g/t Silver Equivalent Across 1.2 Metres at Panuco Project, Mexico

“Vizsla continues to deliver new high-grade veins across the district. We are conducting first pass drilling on multiple veins at Panuco to establish priorities for possible resource definition drilling. While that program proceeds, we are mapping and sampling the many veins in the district. That mapping continues to reveal areas of high-grade mineralization previously not known to us. The Honduras vein is one such locality.” President and CEO, Michael Konnert commented.