Riversides President and CEO, John-Mark Staude, stated: ‘We are delighted to combine the financing support of a major world copper leader with our in-country Mexico expertise to pursue exploration activities and advance promising projects. The two-year Program helps Riverside expand our copper exposure, while still conserving capital for our other self-funded initiatives.’
Commenting on Azures full ownership and control of the Alacrán Project, Azures Managing Director, Mr. Tony Rovira, said: ‘Azure is very pleased to have reached this agreement with Teck. We welcome them as a substantial shareholder of the Company and we look forward to further progressing the Alacrán Project for the benefit of both our companies and all shareholders.’
Por lo común, estos controles incluyen: el uso de tecnología de rastreo en tiempo real; cámaras de vigilancia; pruebas para identificar alteraciones en el material transportado; servicios de vigilancia; retenes en un corredor seguro y un número reducido de paradas autorizadas para optimizar los tiempos de entrega y minimizar la exposición de los convoys.
Silver Spruce Resources Inc. is pleased to announce that the Company has awarded the contract for the imminent Phase I drill program at Pino de Plata to ECODRILL of Mexico. ECODRILL will mobilize equipment and personnel immediately and plans to begin drilling within a week.
N. Eric Fier, CPG, P.Eng and CEO commented: ‘With an estimated after-tax NPV (5%) of more than $400 million, an after-tax IRR of 78% and a payback period of less than one year, the economics for Las Chispas are exceptional.’
Keith Piggott commented: ‘We are extremely pleased that the arbitration award has finally been confirmed. We have waited a long time, however, now have a clear definition and legal direction confirmed by the court to pursue the recovery of Goldgroups interest in DynaResource de Mexico, S.A. de C.V.’
‘We continue to see high grade ore from our drilling program which is near surface. Our diamond drilling holes which are twinning historical RC holes continue to provide much higher grades than the historical results, with hole 9 showing gold equivalent grades 70% higher than the historical results. These results, coupled with the strong assay results that the historical 6,000 channel samples are showing as our exploration team works through the data, are showing a very promising project at Los Ricos.’ stated Brad Langille, President and CEO.
Mexus Gold US announced that on May 9th it paid off a note payable of $111,563 which was due on May 14th. In addition, the company announced that it is currently looking to hire two chemists and a geologist to assist Mexus associate Cesar Lemas at the Santa Elena mine. Mexus believes it has found a lead chemist and hopes to complete the hiring process this week. The additional staff is needed as the amount of assaying and general mine work is increasing weekly. Mexus expects the blast hole drilling occurring on the Julio vein to be completed by May 17th with the permitted blasting company to arrive shortly thereafter.
This new Mineral Resource Estimate illustrates the continuity of the mineralization and continued expansion of the mineral deposit in the Cerro Las Minitas project and updates the previously reported January 2018 estimate. The new Resource Estimate incorporates additional data from a very successful drilling program of 10,157 metres in 2018-19, updated metal recoveries and pricing, application of a more rigorous specific gravity measurement protocol and further refinement of the resource wire frames.
Silver Spruce Resources Inc. is pleased to announce the very positive results and conclusions from the recently completed field program at Pino de Plata project in western Chihuahua State, Mexico, located just 15 straight-line kilometres from Coeur Mining’s Palmarejo gold and silver mine. The work program was conducted by ProDeMin geological services company under the direction and supervision of Qualified Person, Dr. Craig Gibson, Ph.D.
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