Category: Exploration and Development

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.

Advance Gold’s Follow Up Geophysical Survey Identifies Large 1000 by 500 Metres Continuous Chargeability Anomaly

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “After our first phase of geophysics, we identified a large chargeability anomaly with the highest chargeability at the southern end of the grid and still wide open. In that southerly direction we have elevation relief and it was also where the anomaly appeared to be closest to surface. Prior to drilling this anomaly, we decided to carry out a second phase of geophysics to see if the anomaly continued to the south. The second phase of geophysics has revealed that the anomaly actually has a much longer strike length and appears to be somewhat wider.”

Oceanus Reports High-Grade Silver Assays from the Caleigh, Canon Combination and Protectora Veins at the El Tigre Property in Sonora, Mexico

Glenn Jessome, President and CEO of Oceanus reports, “After delivering our maiden 43-101 compliant resource estimate our current ongoing program continues to explore our 28,414 hectare district scale El Tigre Property. These high-grade silver results in the Caleigh, Canon Combination and Protectora Veins further our understanding of the mineralization north of the old El Tigre mine. The results from the mapping and sampling of the underground workings and at surface present a series of high priority drill targets over a 2 kilometer strike length north of the old El Tigre Mine, which we intend to drill.”

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