Category: Exploration and Development

Canadian mine company says Mexico crime ring stole $2M-$3M

Telson Mining Corp. President Ralph Shearing said compromised truck drivers worked with thieves who foiled security measures while the material was being transported from the company’s Campo Morado mine in the southern state of Guerrero to the port of Manzanillo on the Pacific coast.

Consolidated Zinc Ltd. – January Production Update

Plomosas produced a record 3,530 tonnes of ore during January 2019, with mined grades of 10.3% Zinc and 3.3% Lead. Ore grades are expected to increase once ore stoping commences at Tres Amigos from the 972mRL during this quarter.

Telson Provides Full Year 2018 Operational Update for its Campo Morado Mine and Reports Concentrate Theft

José Antonio Berlanga, CEO and Director, states: Telson´s growth in the past three years has been remarkable. After Telson’s restructuring in November 2015, the Company has grown significantly from having one advanced exploration project, Tahuehueto at the PEA stage, to having acquired the Campo Morado mine, advancing it back into full commercial production and advancing its Tahuehueto project through pre-feasibility studies into pre-production by toll milling. At Tahuehueto we are now in late stage mine construction of an on-site 1,000 tonne per day milling and underground mining operation which we expect to commission in 2019..

Evrim announces additional drilling results at Cuale Gold Project in Mexico

“The maiden drilling program at Cuale has afforded the Company a better understanding of the geological setting that hosts the gold mineralization. With this information, the Company plans to test extensions of the gold and copper horizons and will commence a reconnaissance program across the property seeking new targets. Upon completion of this program, the Company will re-assess the appropriate path forward,” commented Charles Funk, Vice President of New Opportunities and Exploration.

Gainey Samples 40g/t Gold at Las Margaritas

Gainey CEO, David Coburn stated, “We are very encouraged by these early high-grade results. We believe that the Las Margaritas system is the epicenter of the El Colomo Project and that, together, they represent a district-scale opportunity for the delineation of a gold epithermal vein system similar in setting to the many precious metal mines along the Sierra Madre belt. Our technical team continues to push hard on mapping, sampling and analyzing the data, which will allow us to move forward with our planned drill program in the coming months.”

Goldplay announces its maiden mineral resource, containing 36 million oz AgEq (indicated) and 11 million oz AgEq (inferred), at the San Marcial Project

Goldplay President and CEO Marcio Fonseca commented, The completion of our maiden Mineral Resource on the San Marcial Project is a major milestone for Goldplay. We have achieved a significant increase in the contained ounces of both Ag and AgEq. The Mineral Resource provides a strong foundation to realize the full potential of the San Marcial Project. We are progressing with detailed, systematic exploration of the under-explored additional 3.5 km of mineralized trend. Recent surface exploration results have already confirmed new exploration targets in the vicinity of the mineral resource, representing future upside opportunity for resource expansion in 2019.

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