Category: Exploration and Development

Evrim Acquires the Suanse Property in Mexico

“The acquisition of the Suanse Property solidifies the exploration potential of the greater Llano del Nogal project,” commented Paddy Nicol, CEO of Evrim. “In particular, Evrim’s Suanse porphyry target sits on the margin of the Suanse property boundary and can now be explored more completely and effectively. Evrim is seeking a partner for this exciting exploration opportunity.”

Endeavour Silver Reports Initial Drill Results for the El Curso Property Adjacent to the Guanacevi Mine in Durango, Mexico, Including 1,182 gpt Silver and 3.07 gpt Gold over 5.1 m True Width

Luis Castro, Vice President, Exploration commented, “We previously stopped mining the P4 orebody at the El Curso property boundary so these initial drill results simply confirm that the high grade silver-gold mineralization continues to the northwest. Since our main ramp access to the Milache orebody passes from P4 across the El Curso property, we are drilling from underground drill stations along the ramp.”

Bacanora Lithium plc – Sonora Lithium Project Update

Bacanora CEO Peter Secker said “Recent research reports predict the lithium industry would need US$30 billion in investment in upstream capacity to meet its forecast of 1 million tonnes of supply by 2025 (a threefold increase on current levels). In order to secure funding, any new lithium project needs to be low on the operational cost-curve, without having to rely on by-product credits to artificially lower that cost per tonne. A project also needs to have reliable engineering cost estimates. A project needs to be of sufficient scale, in a location with a favourable environmental and political climate and deliver a high-grade end product. The Sonora Lithium Project is one of the very few projects globally that can deliver on all of these factors.”

Defiance Provides Corporate Update

Defiance has initiated a two-phase technical program at San Acacio. Field work will commence in the third week of November with an immediate emphasis on evaluating the main San Acacio resource at depth as well as brownfields targets adjacent to the mine area and to the south east of the Resource Area. These targets encompass, but are not limited to, alternate mineralization styles, fault bounded “blind” vein systems, and structural targets on the Veta Grande system.

Robo Millonario en Sonora: Asaltaron un Camión con 47 Lingotes de Oro

Los 47 lingotes que se llevaron los delincuentes tenían un valor de unos 524.000.000 de pesos, según el precio actual del metal. Según datos de la revista, la compañía Fresnillo PLC logró producir entre los meses de julio, agosto y septiembre un total de 94 lingotes, de modo que el grupo armado se llevó la mitad de la producción de ese período.

Vizsla Resources : Samples 6 Metres Grading 1,064 Grams Per Tonne Silver Equivalent at Panuco Project in Sinaloa, Mexico

“We are very impressed by these initial first high-grade silver and gold sampling results from San Carlos which highlight the potential of the Panuco district. The sampling at San Carlos reveals what could be an attractive drill target with a mineralized vein evident in the lowest development level, just above the water table,” commented Michael Konnert, President and Chief Executive Officer of Vizsla.

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