Category: Exploration and Development

‘The receipt of the Environmental and Change of Land Use permits together mark a significant milestone for VVC,’ remarked Jim Culver, President. ‘VVC’s vision has long been to commence operations in the Gloria zones with a copper Pilot Mine, in an environmentally and socially responsible manner, while generating positive economic and community impacts’

Goldplay President and CEO Marcio Fonseca commented, ‘A high grade gold zone containing 24 m at 2.11 g/t Au, has provided the Company with encouragement that the Nava target could host a significant body of gold mineralization in a low sulphidation epithermal system. Located west of the previous Nava trenches, it opens up a large unexplored area between the trenches and along strike for additional exploration potential for new discoveries in the San Marcial Project. The drilling program in progress will test below these two Nava target areas for depth continuity and additional understanding of the mineralized system.’

N. Eric Fier, CPG, P.Eng, and CEO, remarked, ‘We are pleased with these initial positive underground high-grade results but caution that they are preliminary in nature and should not be considered representative of an increase in the overall Babicanora Vein resource estimation. That being said, these results represent a significant first step toward understanding the grade variability and potential upside of the deposit as we continue to de-risk the project.’

Magna Gold Corp. is pleased to announce the initiation of phase one of an exploration program on its Mercedes Property in the State of Sonora, Mexico. Mercedes is an exploration property located within the Sierra Madre Occidental province, a historically productive, regionally extensive Tertiary volcanic field which stretches from the United States/Mexico border to Central Mexico. The project encompasses a total land tenure of 1,239 hectares located on a 20 km long regional mineralized trend hosting some important exploration targets as well as numerous old relevant mining works.

‘The successful conclusion to the Phase Two drilling program has enabled Sonoro to proceed with the commissioning of an NI 43-101 technical report by a team of independent geologists, to estimate the resource potential for Cerro Caliche,’ said Kenneth MacLeod, President and CEO of Sonoro. ‘Following receipt of the contemplated technical report, Sonoro plans to conduct a comprehensive review of the data to determine the scope and scale of a Phase Three drill program.’

United States Antimony Corporation announced that the Puerto Blanco flotation mill in Guanajuato, Mexico will commence milling the 30,000 metric ton stockpile of Los Juarez gold/silver/antimony ore in July 2019. The decision has come after exhaustive testing of the recovery of gold and silver from legacy flotation concentrates.