Category: Exploration and Development

Telson Mining Corporation is pleased to once again report significant channel sample assay results from underground mine development at it’s Tahuehueto Project, a 1,000 tonne per day gold mine currently in construction development. Ongoing sampling during underground development continues to return results that verify the reserves and resources within the geological model and demonstrate the high quality of the gold mineralizing system at Tahuehueto.

Newmont Goldcorp Corporation is safely ramping up operations at the Peñasquito mine in Mexico following the lifting of an illegal blockade and the establishment of a dialogue process sponsored by the national government.

‘In Mexico, at our Tabasquena project, we have completed 3 phases of drilling and have hit a large cluster of mineralized epithermal veins, with the boiling zone yet to be drilled. 3D modelling of the mineralized vein hits, gives us a better picture of the size of the cluster. We also included a shell of the historical mine workings in the near surface oxide zone. The picture of the system is becoming clearer with the 3D model of the veins hit so far. Now we need to focus deeper to find the boiling zone of the system,’ Allan Barry Laboucan, President and CEO of Advance Gold Corp.

One World Lithium Inc. reports the completion of holes 2019 – 1 and 2019 – 3 on its Salar del Diablo Property located in the State of Baja California, Mexico.

Erwin Wong, CFO and Director of Ridgestone Mining, commented: ‘While these sampling results represent material that was uneconomic at the time, we are highly encouraged by the grades presented in the context of today’s metal price environment. The sampling results serve to reaffirm the historical mining records and moreover, the potential mineralization hosted by the Alaska and associated veins. Going forward, we are incorporating the bulk sample results in addition to the results from drilling, sampling, mapping and prospecting to refine our model for the high-grade mineralization hosted by the Alaska vein. Future planned exploration will include metallurgical testing and sampling of historical production adits and drifts.’

Radius Gold Inc. is pleased to report results from its phase two diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius completed 6 diamond drill holes (total 1756m) targeting the San Pedro structural zone.

The Manto America area hosts the strongest gold soil geochemical anomaly on IMPACT’s claims and extends over an area 3.5 km east-west and 900m north-south. It is located 10km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant. The area is being mapped and sampled by IMPACT and to date 33 rock samples greater than 2.0 g/t Au have been collected from historic artisanal underground workings and surface with values up to 19.5 g/t Gold over a true width of 1.2m.

Kootenay President and CEO, James McDonald stated: ‘It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17th. We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work.’