President and CEO, Arturo Bonillas stated: “These sample results confirm our expectations for San Judas as a tier 1 exploration property. The address is right, the rocks are right, and the assays are right. We are evaluating our geologic and geochemical data to design a drill program for San Judas in 2020.”
Gainey Capital Corp. has had successful meetings and communication with the local communities at Las Margaritas to better understand and address their concerns… Gainey expects these discussions to conclude shortly and is looking forward to resuming the exploration/drilling plan soon thereafter.
“The presence of this large halo of argillic alteration with anomalous gold values intercepted in several of our drillholes strongly suggests that Vinata is a robust epithermal system that deserves further drilling to understand it properly and to search for the possible occurrence of the actual feeder of the system.” commented Ruben Padilla, Sable’s VP of Exploration
“We’ve drilled over 17,000m to date on the project, and continue to see wide zones of high-grade silver and gold mineralization in the Los Ricos vein, such as those in hole 79 which has potential to be a bulk mining target,” said Brad Langille, President and CEO.
Goldplay’s CEO, Marcio Fonseca stated, “We are delighted to continue toward our corporate mission of becoming the first company ever to consolidate key assets in the Rosario Mining District. Goldplay is poised to secure an attractive resource stage expansion portfolio with excellent infrastructure for future project development.”
Rock-grab-samples were collected as part of the due-diligence field survey of the Pilar property conducted this past November, Tocvan Ventures has entered into a property option agreement with Colibri Resources for the 100% acquisition of the Pilar property in the state of Sonora, Mexico.
A total of 35 samples were sent for assay, four of which were QA-QC samples. Significant results were found in 22 samples.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “One of the great things about exploration in the state of Zacatecas, Mexico is that due to the established infrastructure and seasoned contractors we can get a lot of work done at a low cost. Now that we are confident that the large IP geophysical chargeability anomaly is caused by a sulphide system, we feel it is time to bring in a second rig to expedite our exploration of the system.”
COO Greg Liller states, “Unlike many junior exploration companies, Prime aims to be a gold producer. Key to the plan to advance Los Reyes to near-term production, the surface sampling is providing a better estimation of the grades and tonnes of the first benches that can potentially be mined in the open pits. This estimation will provide confidence in the economic projections during the critical planning and mine startup phase.”
United States Antimony Corporation reported that production testing of the cyanide leach circuit at the Puerto Blanco mill in Guanajuato has begun. Security and transportation measures are being implemented.
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