Category: Exploration and Development

GoGold Drills 18.5m Averaging 3.07 g/t Gold Equivalent in Deepest Hole to Date at the Los Ricos Project Confirming Deposit Open at Depth

‘Our understanding of the Los Ricos deposit has been greatly enhanced by incorporating the historical underground gold and silver assay data from over 10,000 channel samples collected in the stopes, crosscuts, raises and winzes into our 3D models. This has allowed us to visualize the down-dip extensions of the high-grade deposits and provides an approach for the team to continue drilling successful holes like these’ stated Brad Langille, President and CEO.

Azure Minerals – Early Stage Mining to Start at Oposura

Commenting on the decision to commence trial mining at Oposura, Azure’s Managing Director Mr Tony Rovira said: ‘This is an exciting step forward for the Company. With minimal upfront capital required, this trial mining operation will provide early positive cash flow and Azure will start to realise value from the asset. Generation of this cash flow will assist in funding completion of the Feasibility Study and meeting other corporate expenses.’

Teck Named to 2019 Best 50 Corporate Citizens in Canada

‘Our employees and our company are dedicated to giving back to the communities where we operate, and ensuring that sustainability is at the heart of everything we do,’ said Don Lindsay, President and CEO. ‘Teck is committed to being a positive corporate citizen, while also producing the materials needed to improve people’s quality of life around the world.’

Gunpoint Options Mexican La Gitana Gold-Silver Project to Inomin Mines

Gunpoint Exploration Ltd. is pleased to announce the signing of a non-binding letter of intent with Inomin Mines Inc. to sell its 100% interest in the La Gitana gold-silver property located in Oaxaca State, Mexico. La Gitana comprises a 494 hectare property situated within a major northwest trending regional structure that host several mineral deposits including Gold Resource’s La Aguila open-pit gold-silver mine and Fortuna Silver’s San Jose underground gold-silver mine. The terms of the Agreement provide for an exclusivity period to conduct due diligence and conclude a definitive agreement to finalize the purchase terms of the Transaction.

Sonoro Metals Initiates Metallurgical Testing at Cerro Caliche

‘We are proud of the high degree of skill and leadership demonstrated by our Hermosillo, Mexico-based technical team under the direction of VP Exploration, Mel Herdrick and Operations Manager, Jorge Diaz,’ said Kenneth MacLeod, President and CEO of Sonoro. ‘The launching of metallurgical testing and preliminary pilot-plant design in conjunction with the ongoing drilling program, will ensure that all the elements needed to create a successful project are being managed simultaneously.’

U. S. Antimony Responds to Chinese Rare Earth Threats with Continued Expansion Of Smelter Capacity

CEO John Lawrence said ‘USAC is expanding production of antimony to shield some of the U.S. antimony market from any retaliatory Chinese rare earth policies. The Company will soon have three LRF furnaces in place. In addition, USAC is preparing to begin pilot production of its gold, silver, and antimony project at Los Juarez which will further augment its strong existing supplies of antimony in North America and will launch the Company into precious metals production.’

Monarca Minerals Signs Option Agreement to Acquire 100% Interest in San Jose Project in Mexico and Reports on Recent Surface Geophysics Results

Monarca’s President and CEO, Carlos Espinosa, stated: ‘We are very excited about the San Jose Project. The work on the project to date indicates that it has significant potential and we were able to obtain the right to acquire 100% of the project on terms that are very favourable for Monarca. This project could mark the new era of Monarca Minerals.’

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.

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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.