Thomas A. Doyle, President, CEO, stated ‘New mapping and sampling by the Aloro geological team in the southeast portion of the property has identified new mineralised structures in addition to what was intercepted in LVRC-012. I look forward to getting the drill rig back on the property and follow up on the discoveries we have found in the south east portion of the project.’
Commenting on the updated Mineral Resource, Azures Managing Director, Mr Tony Rovira, said: ‘Azure is continuing to successfully advance the development and production strategy for Oposura. The latest drilling campaign has increased the East Zone resource tonnage and the amount of total contained zinc, lead and silver within the deposit, which will likely lead to an increase in the mine life of the project as part of the Feasibility Study currently in progress. Drilling also confirmed that significant quantities of high-grade mineralisation are immediately accessible for open pit and underground mining, supporting near-term mine development.’
Oroco Resource Corp. is pleased to announce that it has been advised by its Mexican legal counsel that the Mexican Federal Appeal Court has rendered an oral decision which materially affects the status of the Santo Tomas concessions. The decision will nullify a 2016 judgement which had resulted from an unwarranted claim to the Concessions by Aztec Copper Inc. and its Mexican subsidiary. The Company is waiting for written confirmation of the appeal court decision prior to the resumption of trading.
Goldplay President and CEO Marcio Fonseca commented, ‘The Nava Zone, located to the west of the San Marcial resource, is shaping up to be a potentially significant low sulphidation epithermal gold target. Geological mapping and geochemical data indicate evidence of gold mineralization at the upper portion of a large low sulphidation epithermal system, opening opportunities for upcoming drilling to delineate future areas for resource definition. In addition , the presence of high-grade individual results in wide mineralized zone and presence of visible gold as recently announced from channel sampling in historical tunnels at Nava, encourages the Company to continue exploration at Nava.’
‘The Company views the receipt of this data as very significant as it will provide a great deal of information that Colibri can use in continued development of Pilar. Colibri will be creating a new 3D model of the Main Zone and plans to complete infill and exploration expansion drilling as required,’ stated Colibri President & CEO Ron Goguen.
‘Initial drilling confirms our belief that Marianas will be important to the future of Mercedes,’ commented Stephen McGibbon, Executive Vice-President. ‘The drill program is in its very early stages, testing the margins of Marianas from new ramp development. We expect stronger and more consistent results as the drilling progresses toward the core of the Marianas resource later in 2019.’
La empresa Corpomin reportó, durante los primeros minutos de hoy, la caída de una costra formada en la parte superior de la mina de Cerro Prieto, ubicada en Julimes.
United States Antimony Corporation reported a doubling of its Madero, Coahuila, Mexican smelter capacity with the startup of the No. 2 long rotary furnace (LRF). This is expected to double Mexican production by the end of Q2 due to the increased output of the Wadley and Guadalupe Mines. During Q1 of 2019, the Mexican production per month was approximately 69,000 pounds. For future production increases, there are four more LRFs at Madero, and construction has begun on the No. 3 LRF.
Mexus Gold US announced that it has begun blast hole drilling on the Julio vein system and the adjacent shear zone in preparation for blasting. This initial drilling should be completed the week of May 13th with the resulting blast producing the ore necessary to start steady production. The material being drilled has been sampled and is averaging 4 grams per ton Au and 12 grams per ton Ag.
The overall copper grades contained within the broad intersections are of low to moderate grade, in the range of 0.15% to 0.30% Cu, however, the presence of extensive mineralization over several square kilometers and the broad intercepts of disseminated chalcopyrite and porphyry-style veining supports the concept of a large mineralized system.
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.
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.
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