Category: Exploration and Development

Tom Obradovich, President and CEO, stated, ‘We are excited to be close to the initial drilling at Vinata. The Vinata target was discovered as a result of a large regional geochemical survey that lead to the discovery of an upper level epithermal vein system located close to the world class CRD deposits of Santa Eulalia and Naica and to the new large vein Ag-Zn-Pb discovery of Los Gatos. This is a real boots and hammer discovery that characterized our systematic exploration approach and the generation of new high-quality targets.’

Kootenay Silver Inc. is pleased to announce a drill rig has been mobilized to commence a minimum 3,000-meter core drill program at the Columba silver project located in Chihuahua State, Mexico.

Jose de Jesus Morales Yebra, age 22, was working as a driller’s helper with a senior driller installing roof bolts in the Plateros section of the mine when a part of the roof collapsed. Jose Morales was killed by falling rock. The driller also suffered minor injuries in the accident.

Canasil CEO, Bahman Yamini, commented: ‘We are pleased to have concluded the sale of Canasil’s interest in Sandra-Escobar to Pan American. This arrangement provides significant non-dilutive funding to maintain and advance our project portfolio, which includes drill ready high grade silver-gold-base metal projects in Mexico and prospective gold-copper exploration projects in British Columbia, Canada. In addition to the cash payment Canasil will retain exposure to the upside potential of the Sandra-Escobar project through the retained NSR Interest.’

Peter Secker, CEO, of Bacanora Lithium, commented: ‘The signature of these agreements with Ganfeng is another significant milestone in the development of the Sonora project. Ganfeng’s operational expertise and industrial credibility is a strong endorsement of the Sonora Project’s potential to break the lithium industry’s current supply duopoly of hard-rock and brine, and combine the speed of production of the first with the low operational cost per tonne of the second.’

Gustavo Barrios Serrano, secretario del Trabajo del Sindicato Nacional Minero Metalúrgico (SNMM) Frente, junto a un grupo de mineros, se manifestaron a las afueras del Tiro General de la empresa minera Fresnillo PLC, con la finalidad de no permitir la reinstalación de Mario Márquez Jiménez a sus labores.