Category: Exploration and Development

Prime Mining Breaks Ground at Los Reyes Gold Project

COO Greg Liller commented “I am very pleased with the success of our recent meetings with local government and community officials and the communal landowners of the Los Reyes project. We came away from these meetings with an overwhelming endorsement by the local community for our planned mine development. I would like to thank the members of the Ejido Tasajera, Sra. Griselda Quintana Garcia and Sr. Leobardo Arredondo Rivas for their support.”

Azure Minerals Ltd. – Oposura Mining Update

Azure Minerals Managing Director Tony Rovira said: “This has been a very impressive start to our small- scale mining program. To be getting more tonnes and much higher grades than we had expected gives us great confidence in the project as we advance Oposura toward large-scale mining and on-site processing.”

Advance Gold Plans Additional Drilling and Further Geophysics at Tabasquena Project in Prolific Zacatecas State of Mexico

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Our exploration efforts at Tabasquena are coming together nicely with the past drilling and the recent IP geophysical survey. It is important to point out, the IP survey is meant to reveal sulphides through chargeability. The epithermal veins are low sulphidation and relatively small and don’t show up well in the IP survey, however right below these veins is the large continuous chargeability anomaly of over 800 metres from north to south and approximately 250 metres from east to west. Before starting our next round of drilling, we wanted to extend the IP grid to the south, where the anomaly is closer to surface.”

Prospero Provides Drilling Update for the Pachuca SE Project Identifies a Fully Preserved Epithermal Mineralized Zone

Tawn Albinson, the President of Prospero Silver commented: “We are pleased with the latest set of results from Pachuca SE. Holes 1, 2, 3, 10, & 11 have highlighted interesting precious metal grades over intervals of up to 24.9m downhole, indicating prospective other deeper targets for future drilling, although the strike extent is unknown at the moment. We’ll be discussing the implications of the current results with Fortuna soon.”

Silver Spruce Receives Drill Permit for Cocula Gold Project

“With surface access agreements and the drill permit in place, the Company is quickly advancing its technical studies to support a decision to earn a 100% interest in the project,” stated Karl Boltz, CEO of Silver Spruce.

Leagold Commences Multi-Phase Exploration Program in Bermejal South Area at Los Filos

Leagold CEO Neil Woodyer stated: “Over 6 million ounces of gold have been mined or are in mineral reserves along a 4 kilometre length of the north end of the Bermejal Intrusive contact, and yet a further 8 kilometres of the contact remains with very limited exploration to the south. Less than 2% of previous drilling was to the south, despite several prospects of high-grade mineralization, and an area with potential for broad widths of lower grade mineralization has been identified, demonstrating the prospectivity of this area. We are initiating a multi-phase program that will progressively identify, test and advance targets in this area.”

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