Category: Exploration and Development

U. S. Antimony Announces Continued Progress on the Los Juarez Gold and Silver Project and Reducing Costs of Antimony Production

CEO John Lawrence said “As a result of lower antimony prices and increasing prices for gold and silver, USAC will prioritize precious metals. The Company is now very close to the start-up, testing and shake down of the Los Juarez gold and silver leach at the Puerto Blanco mill. The Company continues to take steps to reduce its costs of producing antimony products in response to the lower global sale prices.”

Orla Mining Awards EPCM Contract For Camino Rojo To M3 Engineering

“M3 has a wealth of engineering knowledge and with its extensive experience in Mexico, it is well suited to design and build the Camino Rojo project on time and on budget”, stated Jason Simpson, President and Chief Executive Officer of Orla. “We look forward to commencing detailed engineering work by mid-September as we work with M3 to build a high-quality project that begins to produce gold in mid-2021.”

Radius Gold and Pan American Silver to commence phase 3 work at Amalia Project, Mexico

Radius Gold Inc. is pleased to announce that Pan American Silver Corp. has elected to operate the next phase of exploration at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico, and will reinitiate work in Q3 of 2019. The work program at Amalia will focus on preparation and execution of the phase 3 drilling program which includes an additional 2,500 m of diamond drilling.

Argonaut Gold Announces Successful Completion of Additional San Agustin Water Well

Argonaut Gold Inc. is pleased to announce it has completed the fourth water well at its San Agustin operation and that the new well has demonstrated sufficient water capacity to meet the needs of the operation to run at 30,000 tonnes per day of ore. The Company anticipates ramping up to 30,000 tonnes per day at the San Agustin mine during the fourth quarter of 2019.

Further High-Grade Silver Results at San Celso and Los Campos Projects

Bill Brodie Good, Technical Director of Alien commented, “the Company’s San Celso and Los Campos projects continue to show significant potential for high-grade silver mineralisation. This recent round of sampling has confirmed historic surface and underground work on these projects and that there remain significant mineralised in-situ ore bodies to be developed.”

Advance Gold’s Completed Geophysical Survey at Tabasquena Project Identifies a Large Continuous IP Anomaly

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Based on the size and number of vein intersections in the near surface drilling in the andesites, our exploration team has felt that we have found a very large system. The IP survey has now identified such a possible system. Where the IP anomaly starts is approximately 100 metres below the past drilling and almost directly under the main Tabasquena vein. This depth is very important because it is approximately where the graphitic phyllite horizon begins. The major mines nearby, operated by Fresnillo Plc., and MAG Silver’s Juanicipio mine currently under construction, are epithermal veins systems focused on zones within the graphitic phyllites…”

One World Lithium Announces Salar Del Diablo Tour with Montgomery and Associates and Private Placement

One World Lithium Inc. announces that Mike Rosko of Montgomery & Associates and operator of the Salar del Diablo exploration program will be meeting drilling companies and other service providers in Hermosillo, Mexico before touring the Salar del Diablo Property located in Baja California, Mexico. Also attending the meetings and site tour will be Doug Fulcher, OWL’s President and CEO, and Kevin Milledge, an OWL Director and manager of field operations. They will visit previous and proposed drill site locations as well as surface geological features. The field trip will be from September 09 to 12, 2019.

High Grade Silver Results, Including 6 Metres at 232 g/t Ag, Enhance San Marcial Project

Goldplay President and CEO Marcio Fonseca commented, “Over recent months, our exploration activities to expand existing NI 43-101 silver resources at San Marcial have succeeded in delineating new high-grade gold targets, but we have also been able to discover new silver zones peripheral to the resource area. These latest high-grade silver results, including 6m at 232 g/t Ag, from a re-opened historical adit at the Faisanes target, on the NW edge of the resource area provide lateral and depth continuity to the high-grade silver results reported from our nearby surface trench SMtr-001, which returned 56m at 196 g/t Ag. We expect to test this target further in our current drilling program, which already has identified bonanza-grade gold (1m at 204.6 g/t Au) in the adjacent SM-19-01.”

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