Category: Exploration and Development

Newmont Brings First Autonomous Haulage Fleet to Gold Mining Industry

Newmont Corporation announced today that its Board of Directors unanimously approved investment in an Autonomous Haulage System at Boddington in Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet.

Discovery Drills 105.9 Meters of 188 g/t Silver Equivalent at its Cordero Project, Mexico

Taj Singh, President and CEO, states: “We are pleased with this second set of drill results, as it further validates the near-surface high-grade potential at Cordero. Drilling completed to-date clearly shows that there is excellent continuity and higher grades within the breccia-hosted mineralization. With the addition of two new drill rigs in January, we are excited to now have four drill rigs turning at Cordero and we look forward to the results from this increase in drill activity over the next few quarters.”

Minaurum Acquires Historical Drilling Data Revealing High-Grade Extensions of Past Producing Mines at the Alamos Project; Schedules Webcast to Discuss

“Minaurum’s Phase I drilling demonstrated the district-scale potential for high-grade veins at Alamos. The acquisition of this data adds another dimension to the project by providing low-to-no-cost geologic answers for areas that Minaurum would otherwise have had to drill, while revealing high-potential targets for immediate drilling around the old mines,” stated Darrell Rader, President and CEO of Minaurum Gold.

Minera Alamos Drilling Provides Further Confirmation of Significant Disseminated Mineralization at the Divisadero Discovery; and Successful Completion of Initial Water Well Testing

“The Santana property mineralization is hosted within a series of well-defined breccia pipes, only two of which have been drill tested in any significant manner. In 2018, the Company drilled one of these previously untested targets near the currently planned starter operations resulting in a significant new discovery, called Divisadero. This new discovery provided Minera Alamos with increased confidence that the overall project area may contain multiple Nicho-style mineralization centres that are easily accessible from surface.” stated Darren Koningen, CEO of Minera Alamos.

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