Category: Exploration and Development

Newmont Goldcorp Confirms Illegal Blockade Lifted at Peñasquito Mine in Mexico

Newmont Goldcorp Corporation confirmed that the illegal blockade of the Peñasquito mine in Mexico was lifted yesterday. The Company continues to work closely with the federal and state governments toward a sustainable, long-term solution, and lifting of the blockade paves the way for the government-sponsored dialogue to resume. Operations at the mine remain temporarily suspended pending further evaluation of the situation on the ground and assurances that the blockade will not be allowed to resume.

VVC Board of Directors Approves the Gloria Pilot Mine at its Northern Mexico Copper Property

Terrence Martell, Chairman of VVC Exploration, said, “The decision by the Board represents a logical outcome of our successful efforts to confirm the size of the resource and receive the necessary regulatory approvals to begin work at the site. Both represent years of hard work and patient effort on the part of our management and Mexico-based operations team. I would like to take this opportunity to thank VVC’s management and staff on behalf of the Board and shareholders for their hard work and continued effort.”

Sable Resources Completes Ground Geophysical Surveys and Initiates First Drill Test on Vinata Project

Sable Resources is pleased to announce that the first drill test will begin this week at its 100% owned Vinata Project. The initial program consists of a minimum of 2000m of core drilling to test the outcropping upper level epithermal veins and their projected extension under shallow quaternary gravel. This Phase 1 drill program will be expanded should positive results warrant additional drilling.

SilverCrest Announces Las Chispas Vein Extensions to Depth and New Vein Discovery

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “While the veins in the Las Chispas Area are usually overshadowed by the exceptional high-grades of the Babicanora Area veins, these results have established the potential to expand and improve the average grade of the resources for the Las Chispas Area veins. New drill results from deeper intercepts in the Giovanni Vein are particularly impressive with an average grade of 1,084 gpt AgEq or over three times the average grade of 349 gpt AgEq used in the current Giovanni resource estimate. Drilling completed since the February 2019 resource estimate suggests that these high-grade veins extend to depth, down plunge and are open for further expansion…”

Canuc Announces Final Payment on El Tule 1 Claim

Canuc Resources Corporation is pleased to announce that it has completed its final payment to Minerales y Carbones de México SA de CV for the El Tule 1 claim. The agreement to purchase the claim was made in October 2017, and the claim purchase has expanded the Company’s San Javier project area by 151.14 ha. (373.47 acres).

‘No Afectan Cuencas Proyecto Minero de Samalayuca’

En el Proyecto Unidad Minera “La Gloria” que pretende desarrollar Samalayuca Cobre S.A. de C.V. en la zona denominada Sierra de Samalayuca, no afectarán, cuencas hidrológicas ni se ocupará en ninguna de las actividades sustancias altamente riesgosas, precisó CIMA Consultores.

Spectacular High-Grade Silver, Gold & Base Metals Identified at Alacrán

Azure Minerals Limited is pleased to advise that having restarted exploration on its 100%-owned Alacrán Project, the first program has returned very high grades of silver, gold, copper, lead and zinc from sampling of mine dumps at five separate groups of historical mine workings located in the southeast of the property.

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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.