Numerous exceptional native silver specimens have recently been recovered by miners in the Guadalupe Mine between levels 15 and 30 in an area on the main Lipton vein named the Jewelry Shop.
Observations made during the study have identified 7 exploration targets of interest within the two areas thus far. Upon receipt of the geochemical sample results from the program Colibri will determine next steps of the program which will include drilling and a possible geophysics program.
Mexus Gold US confirmed that leaching commenced 11/12/2019 at its Santa Elena mine located in Caborca, Mexico.
Con esta ampliación y su crecimiento en la producción, la planta de zinc de Industrias Peñoles pasará del lugar décimo cuarto al sexto como productora de este metal a nivel mundial.
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “With the recent discovery and expansion of the Babi Vista Vein, we continue to add value through the drill bit at Las Chispas as we systematically discover and expand high-grade silver-gold mineralization in the district. These new drill results for Babi Vista are impressive, with the wider higher-grade intersections to depth being some of the widest mineralized vein intercepts on the property.”
“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.”
President and CEO, Arturo Bonillas stated: “The final four holes of the 2019 drill program at Mercedes was successful in drilling multiple gold intercepts of significant width and grade. We are looking forward to continued drilling success in 2020.”
“These sample results demonstrate the widespread nature of very high-grade mineralization across the Panuco project with greater than 1,000 g/t silver equivalent results obtained from six different prospects on four of the five veins sampled-to-date.” commented Charles Funk, Vice President of Exploration for Vizsla.
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 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.”
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