J. Duane Poliquin, Chairman of Azucar commented, “The high potential of the El Cobre project to host large porphyry centres is highlighted again by this new discovery. We look forward to reporting the results of our follow-up drilling as they become available.”
“Given the exciting results we have announced to date from our Yautepec property, the addition of this land is very compelling for us,” said David M. Jones, exploration manager and director of Megastar Development. “Completely surrounded by our current land holdings, Cerro Minas displays similar epithermal characteristics to targets that we have already identified and, given our early-staged success, adding this land is a natural as we look to enlarge our foot-print in, what we believe, is a very prospective area.”
La mañana del miércoles se inauguró el Noveno Simposium de Seguridad denominado “Actitudes y Comportamientos” que fue organizado por Industrias Peñoles en el Palacio de Convenciones de Zacatecas.
David Coburn, Gainey CEO, stated “Our exploration team has been working hard to generate these targets based upon surface mapping and sampling and prepare the infrastructure necessary to support the drill program. We have been eagerly anticipating this first-ever drill program at Las Margaritas. The Phase I program will aid significantly in understanding the controls on the gold mineralization and allow us to more effectively plan a follow up program.”
Riverside’s President and CEO, John-Mark Staude, stated: “We are encouraged by the collaboration with BHP to-date and our technical team continues to progress on new prospect generation in northeastern Sonora, Mexico. Our group has taken a high-level initial view observing the entire belt and now focus on combining data from the integration of our recently acquired Millrock databases along with BHP’s data to efficiently work through a series of high-level project evaluations during Q4 in advance of our next technical committee meeting near year-end. We look forward to progressing with BHP and drill-testing large porphyry copper targets together in 2020.”
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “There is nothing better for exploring and de-risking a mineral deposit then having easy U/G access to a wide, steeply dipping, high-grade silver-gold vein like the Babicanora Vein in Area 51…”
A two-stage 7,000m drill program expected to start this quarter focusing on resource expansion drilling at Loma Bonita and additional greenfields exploration drilling
Arturo Bonillas, President and CEO commented: “We are pleased with the results of our initial exploration program from which we are confirming the presence of new mineralized areas as uncovered by drilling and exploration reconnaissance. Work programs will now focus on expanding the mineralized extension on La Lamosa ridge and defining drill objectives on the new targets within our claims.”
The Bacanora project team in Mexico continues to progress the final design work for the mine, concentrator and kiln sections of the processing plant. The Ganfeng technical team has initiated work on the hydrometallurgical circuit and is reviewing sourcing key sections of the lithium production equipment from current equipment suppliers in China.
Argonaut Gold Inc. regrets to advise that two individuals who work for its mining contractor at its La Colorada mine were fatality injured as a result of a high voltage accident while performing maintenance on a haul truck on Friday, October 11, 2019.
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