‘The leaching process has started and will continue on a permanent basis as fresh ore will be added to the heap leach pad. Moving forward, Mexus will increase the scale and capacity of the system to maximize returns,’ added Mexus CEO Paul Thompson.
Taj Singh, President and Chief Executive Officer of Discovery, states: ‘We are excited to be combining our highly experienced Mexican exploration teams to advance the combined portfolio of properties. The new Discovery will have several district-scale land packages in Coahuila and Chihuahua that offer compelling exploration potential. The new Discovery will also benefit by adding the Cordero Project, a development stage project with potential to be optimized for the current metals price environment.’
‘We are excited to commence our next round of drilling that will test both new veins and potential high-grade structures at the San Acacio project’ stated Peter J. Hawley, Interim President and CEO. ‘The results from our exploratory ground geophysical surveys identified strong co-incident anomalies on trend with the San Acacio deposit.We believe that due to the size and robustness of these targets, both represent potential game-changers for the project.’
Brad Langille, President and CEO, states ‘we are very pleased to see the results from our geological mapping, sampling and trenching program has defined at least 5 new targets, where we are currently mobilizing an additional drilling rig, along strike to the south of the former Cinco Minas El Abra underground mine. The largest zone is known as Cerro Colorado and extends for a strike length of 500m. With these widths and grades at surface, we feel there is an excellent chance to discover new high-grade deposits along the Los Ricos vein system that have not been previously mined. Based on our trenching and mapping to date, the limited historical drilling in this area may have missed the mineralized zone which we have identified.’
Bradford Cooke, CEO, stated, Our goal in implementing these actions is to make our mining operations more efficient so they can return to profitability quickly and permanently. Reducing the operating costs and work force combined with investing in new mining equipment and retraining are keys to making our mines more sustainable even at low metal prices.
‘With almost 90% of the 10,000-meter drill program completed, we are pleased to report that the objectives of the technical program at Cerro Caliche have been accomplished,’ said Kenneth MacLeod, President and CEO. ‘Most critically, the program continues to outline shallow low-grade bulk tonnage gold mineralized zones with gold grades and intervals similar to operating heap leach mines in the region.’
‘This years exploration efforts at Switchback continue to impress with significant vein expansions along both strike and up-dip,’ stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. ‘Our recent focus has been on the northern extension of the Switchback veins system where the main Soledad vein appears to be splitting into two distinct mineralized structures. Exploration goals for the remainder of the year are to continue to test these northern extensions of this growing system, both along strike and up-dip at higher elevations, as well as infill drilling to upgrade mineralized material to proven and probable reserves.’
Radius Gold Inc. is pleased to report on progress of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius has now completed drilling of 6 diamond holes AMDD19-010 to AMDD19-015 totalling 1743m with assays returned for 3 holes (010, 011, 012). New results include Hole 012 which assayed 5m at 647 g/t Ag, intersected 50m below the phase one Hole 008 (5m at 0.59 g/t Au and 571 g/t Ag).
Galore Resources Inc. is pleased to announce that Minerales Galore S.A, De CV., Galores wholly owned Mexican subsidiary, signed an agreement with COMEFIN S DE RL DE CV of Mexico to immediately mobilize a drill core rig to complete a 2,500-meter diamond core drilling program at Galores 100% owned El Alamo project. The agreement also allows for an additional 1,500 meters of drilling at Galores 100% owned Los Gemelos project, where previous work has exposed narrow quartz and calcite veins containing visible gold.
Representantes de Fresnillo plc organizaron la Feria de Seguridad, bajo el lema de “cero tolerancia” a los accidentes.
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