Category: Exploration and Development

Radius Gold intersects 5m at 657 g/t Ag at Amalia Project, Mexico

Radius Gold Inc. is pleased to report on progress of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius has now completed drilling of 6 diamond holes AMDD19-010 to AMDD19-015 totalling 1743m with assays returned for 3 holes (010, 011, 012). New results include Hole 012 which assayed 5m at 647 g/t Ag, intersected 50m below the phase one Hole 008 (5m at 0.59 g/t Au and 571 g/t Ag).

Galore Mobilizes Drill to Dos Santos Project

Galore Resources Inc. is pleased to announce that Minerales Galore S.A, De CV., Galore’s wholly owned Mexican subsidiary, signed an agreement with COMEFIN S DE RL DE CV of Mexico to immediately mobilize a drill core rig to complete a 2,500-meter diamond core drilling program at Galore’s 100% owned El Alamo project. The agreement also allows for an additional 1,500 meters of drilling at Galore’s 100% owned Los Gemelos project, where previous work has exposed narrow quartz and calcite veins containing visible gold.

Ethos Trenches 0.47g/t Au Over 127m Including 1.11g/t Au Over 40m at its La Purisima Gold Project, Chihuahua, Mexico

Commented Craig Roberts, P.Eng., President and CEO of Ethos: ‘We are very encouraged by the trench results that show dissemination of gold mineralization over significant intervals outside of the primary veins in the Purisima Vein Zone, and also by the new high-grade intervals identified in the Stockwork Zone. We will use these results to plan our fully permitted maiden drill program of approximately 15 RC holes which we intend to commence shortly.’

High Grade Silver and Additional Gold Results in Surface Channel Sampling Suggests Potential for SE Extension to the San Marcial Resource

Goldplay President and CEO Marcio Fonseca commented, ‘We are extremely pleased by the channel sample results from trench SMtr-022 as they indicate the potential for expanding the resource into the Guacamayo target to the SE of the San Marcial NI 43-101 silver resource area. Wide mineralization on surface, including high grade silver up to 1m at 974 g/t Ag, provides further encouragement for potentially expand the resource. ‘

Impact Silver Commences Dense Media Separation Engineering Study at Capire

IMPACT Silver Corp. is pleased to announce commissioning of an engineering study to test the viability of Dense Media Separation (DMS) processing at its 100% owned Capire Production Centre located in the Mamatla district, Mexico. The Capire Production Centre is currently on standby and positive results from these DMS tests and other optimization studies may lead to a new operating plan toward placing Capire into production.

Silver One Provides Update on Metallurgical Testing at Its Candelaria Mine Project, Nevada and Completion of Drilling Program at Peñasco Quemado, Sonora, Mexico

Greg Crowe President and CEO further commented; “The drilling at Peñasco Quemado illustrates that the mineralized silver-manganese system extends beyond the area of the historic resource. Also, low to moderate zinc and lead values were encountered in drill holes to the southeast of the historic drill area. However, the limited drill program was not sufficient to fully test all anomalous areas.”

Mexus hires experienced chemical engineer for its Santa Elena mine

Mexus Gold US is pleased to announce that the company has hired a highly recommended and qualified chemical engineer for its Santa Elena mine. Mr. Roberto Baltierrez Hernandez, who specializes in metallurgical processes and gold extraction methods, will oversee all aspects of the gold recovery systems at the mine.

Bacanora Lithium plc – Proposed Strategic Investment by Ganfeng Lithium

Peter Secker, CEO, of Bacanora Lithium, commented: ‘The proposed Strategic Investment from Ganfeng, a top three lithium producer, will be a major milestone in the development of the Sonora Project. Not only will it provide industry validation of Sonora’s clear potential to become a key supplier of battery grade lithium but, subject to Ganfeng exercising its option to increase its interest in the Sonora Project to 50%, our share of the capital costs required to construct an initial 17,500 tpa Li2CO3 operation at Sonora would be halved. ‘

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.