Category: Exploration and Development

Aloro Receives New Permit to Drill Los Venados

Thomas A. Doyle, President, CEO, stated, We are very pleased that SEMARNAT reviewed our application and has turned it around quickly. New mapping and sampling by the Aloro geological team in the southeast portion of the property has identified new mineralised structures in addition to what was intercepted in LVRC-012. I look forward to getting the drill rig back on the property and follow up on the discoveries we have found in the south east portion of the project.

Odyssey Marine Exploration Provides Update on Mexican Phosphate Project

“We continue to believe that a negotiated settlement in lieu of further litigation under NAFTA is in Mexico’s and Odyssey’s best interests, and we hope to continue a constructive dialogue with the current Mexican Administration. I returned from consultations in Mexico with a renewed sense of optimism that this project will move forward and will create significant benefits for both Odyssey’s investors and the people of Mexico, including the enhancement of Mexico’s food security and self-sufficiency,” stated Mark Gordon, Odyssey CEO. “But, if Mexico does not share these goals, we are prepared to go the distance to ensure our shareholders realize their rightful return on our investment.”

Minera Alamos Announces Transaction To Accelerate Development Of Guadalupe De Los Reyes Gold Project

Minera Alamos Inc. is pleased to announced that it has entered into a binding letter agreement with ePower Metals Inc. dated April 22nd, 2019 that outlines the terms and conditions upon which Minera Alamos will assign its option rights to acquire the Guadalupe de los Reyes gold property in exchange for approximately 19.8% of the outstanding ePower common shares and certain other rights related to the development of Los Reyes. Minera Alamos currently has the right to acquire a 100% interest in Los Reyes pursuant to an option agreement entered into with Vista Gold Corp.

GoGold Drills 20.4m Averaging 6.45 g/t Gold Equivalent Including 7.2m at 17.77 g/t Gold Equivalent at the Recently Acquired Los Ricos

These four holes focused on following the high grade ore shoot down dip below the historical RC drilling. We were pleased to see the results showing high grade ore which exceeded our expectations. Furthermore, our team is defining the extension of the mineralization along strike southeast of the old workings towards the prospect known as Cerro Colorado where we have completed a number of trenches across the zone, and expect to have the results in short order, stated Brad Langille, President and CEO.

Evrim acquires La Lola low sulphidation gold-silver project in Sonora, Mexico

La Lola is the latest addition to the Company’s portfolio in the Rio Sonora Valley where Evrim has royalties on the Ermitaño deposit and Cumobabi project, a joint venture with Coeur Mining on the Sarape project, and the wholly owned Llano del Nogal project, commented Evrim’s VP of Exploration and New Opportunities, Charles Funk. Evrim recognizes this region as highly prospective for epithermal gold and silver discoveries, and our local experience and datasets help generate new opportunities for joint venture.

Fresnillo plc compra nueva máquina de túneles

Con un costo de 22.7 millones de dólares y con una capacidad de perforación de al menos 300 metros por mes, pondrá en marcha una nueva máquina de túneles con tecnología de punta en la segunda mitad del 2019.

Discovery Samples High-Grade Breccia Underground with Values up to 1,558 g/t AgEq at its Monclova Project

Gernot Wober, VP Exploration, states, Results from our surface and underground sampling program at Monclova continue to return high-grade mineralization from the well-exposed breccias in and around multiple historical workings at the Real Viejo area. Real Viejo itself sits within a mineralized trend over 1,500m long at the southern edge of the intrusive complex in contact with limestone, where breccias have been mapped several meters wide. Mapping, sampling and geophysics are now complete at this key near-term target where we are finalizing our phase 1 drill planning.

Maiden Ore Reserve – Plomosas Mine

The Total Proven and Probable Ore Reserves based the current Mineral Resources as depleted 31 December 2018 for the Plomosas Mine are 73,850 tonnes at 13.82% Zinc, 2.38% Lead and 17.86g/t Silver.

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