“We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces. With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the most prospective in Mexico” said Brad Langille, President and CEO.
Mexican Gold is preparing for an upcoming drill program to follow-up the discovery of a high-grade gold occurrence in a previously unexplored area near the Cinco Senores prospect where the Company intersected 21.37 g/t gold over 2m and 8.94 g/t gold within the entire 5.2m altered zone in hole LM-19-CS-13.
Colibri Resource Corporation is pleased to announce that it has received the required drilling permits from SEMERNAT (Mexico Secretariat of Environment and Natural Resources) for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca Mexico.
Commander Resources Ltd. is pleased to report results from a 70 line kilometre Induced Polarization survey completed at the Company’s Pedro Gold project in late 2019. The Pedro property is located 100 Km from Torreon, Mexico in the northeastern part of the State of Durango and approximately 30 km west of the town of Mapimi. The wholly owned 1,750 ha property was acquired directly by Commander in 2016 from Bearing Lithium.
Kootenay Silver Inc. is pleased to announce the commencement of a 7,000-meter Phase II core drilling program following up on high grade results from the 2019 campaign at the Columba silver project in Chihuahua State, Mexico.
Newmont Corporation announced today that its Board of Directors unanimously approved investment in an Autonomous Haulage System at Boddington in Australia to enhance safety and productivity, while also extending mine life. Once fully operational in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet.
“Drilling at Evolución in 2019 continued to hit broad zones of mineralization on the Lechuzas target,” stated Ben Pullinger, Senior Vice President Geology.
1.4 metres est. true width at 16,189 gpt AgEq
2.4 metres est. true width at 9,006 gpt AgEq
1.6 metres est. true width at 13,345 gpt AgEq
“Further step-out exploration drill results demonstrate the potential to increase our initial 72.5 million tonne resource estimate announced on December 11, 2019,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
Silver Viper’s President and CEO Steve Cope states, “The ongoing results from La Virginia are exciting. We believe that adding a second drill to target the new anomalies is warranted at this time.”
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