Category: Exploration and Development

Mammoth Provides Update on Activities at its Tenoriba Gold Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on activities at Tenoriba, stating: “Centerra returned to the area in mid-October to renew its consultation efforts with the objective of formalizing surface access agreements with both of the two ejidos and the re-initiation of exploration activities on the property as soon as possible. Two additional meetings are scheduled this year to advance this process with the two ejidos.”

Megastar Identifies Multiple High Potential Epithermal Targets at Magdalena Project, Mexico

Exploration manager and Director David Jones states: “Our experienced and highly motivated team has generated multiple high-potential epithermal targets in only two short months. We have mapped a principal 300 by 285 meter area of surface gold mineralization defined by 58 samples above 0.20 g/t, which include two samples above 3.00 g/t gold, and 12 samples above 1.00 g/t gold. This main zone, along with other prominent outliers, constitute easy-to-access and drill-ready targets. We look forward to rapidly advancing and expanding the potential of the Magdalena project.”

Radius Gold intersects 23m at 4.61 g/t Au and 41 g/t Ag at Amalia Project, Mexico

Radius Gold Inc. is pleased to report results from the phase three diamond drill program at its Amalia Gold-Silver Project in Chihuahua, Mexico. Pan American Silver Corp., the project operator, has provided assays for the first two diamond drillholes and new results include an interval of 23m at 4.61 g/t Au and 41 g/t Ag.

Colibri Resource Receives Sample Results And Interpretation From Its Evelyn Study – Drill Holes Identified For Maiden Drill Program

With samples in hand in combination with the geological & structural mapping, Colibri now feels confident moving forward with its planned drilling program of up to 1000 meters at Evelyn. Permits are being applied for and drilling companies are being contacted for quotations. The Company will provide guidance to the market as permits are received and when a drilling contract has been awarded.

CZL Transitions to Owner-Operated Mining

Brad Marwood, Managing Director CZL said “Utilising a mining contractor to start the Plomosas mine was the right decision and after 12 months of growth I am confident that the Company can deliver superior outcomes from the Plomosas mine. We will enter 2020 with a renewed focus and increased determination to achieve strong returns to shareholders.”

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