Category: Exploration and Development

Taj Singh, President and CEO, states: “In just a few short weeks we have made great strides at Cordero. We have integrated our teams, progressed well through our review of historic drilling, planned our first holes, and accelerated the start-up of our drill campaign. We are very excited to be aggressively exploring one of the world’s largest silver projects against a backdrop of rising silver prices and we are confident that our high-grade and high-margin approach at Cordero will add significant value.”

Commenting on the strong potential of the Alacrán Project, Azure’s Managing Director, Mr. Tony Rovira, said: “Azure’s exploration team has a good track record for making significant silver and gold discoveries on the Alacrán project, with the Mesa de Plata and Loma Bonita deposits together containing resources of more than 32 million ounces of silver and 150,000 ounces of gold.”

“M3 has a wealth of engineering knowledge and with its extensive experience in Mexico, it is well suited to design and build the Camino Rojo project on time and on budget”, stated Jason Simpson, President and Chief Executive Officer of Orla. “We look forward to commencing detailed engineering work by mid-September as we work with M3 to build a high-quality project that begins to produce gold in mid-2021.”

Radius Gold Inc. is pleased to announce that Pan American Silver Corp. has elected to operate the next phase of exploration at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico, and will reinitiate work in Q3 of 2019. The work program at Amalia will focus on preparation and execution of the phase 3 drilling program which includes an additional 2,500 m of diamond drilling.

Bill Brodie Good, Technical Director of Alien commented, “the Company’s San Celso and Los Campos projects continue to show significant potential for high-grade silver mineralisation. This recent round of sampling has confirmed historic surface and underground work on these projects and that there remain significant mineralised in-situ ore bodies to be developed.”

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Based on the size and number of vein intersections in the near surface drilling in the andesites, our exploration team has felt that we have found a very large system. The IP survey has now identified such a possible system. Where the IP anomaly starts is approximately 100 metres below the past drilling and almost directly under the main Tabasquena vein. This depth is very important because it is approximately where the graphitic phyllite horizon begins. The major mines nearby, operated by Fresnillo Plc., and MAG Silver’s Juanicipio mine currently under construction, are epithermal veins systems focused on zones within the graphitic phyllites…”