Category: Exploration and Development

For 2019, First Majestic is planning to invest a total of $26.2 million towards exploration to drill approximately 188,000 metres across its core Mexican assets. The 2019 drilling program will consist of approximately 11,600 metres of sustaining diamond drilling to support mining activities at the six operating mines; approximately 152,000 metres of expansionary diamond drilling intended to improve confidence and increase Mineral Resources with a focus on the Santa Elena Main Vein and the Central Block at San Dimas; and drill approximately 8,400 metres intended to test greenfield targets at Santa Elena and Del Toro. Furthermore, due to the exploration success in 2018 at Ermitaño, the Company is planning to complete a 16,000 metre drill program in 2019 to investigate the continuity of mineralization at shallow depths that may be amenable to open pit extraction.

This is an exciting development for the Pino de Plata project, stated Karl Boltz, the Company’s CEO. Field observations and historical data indicate that areas no focussed on during the preparation of the NI 43-101 report merit detailed field work and sampling prior to final selection of drill hole collar locations.

Azucar Minerals Ltd. is pleased to announce results from its ongoing drilling program at the El Cobre porphyry copper-gold project in Veracruz State, Mexico.

Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission (CONAGUA) has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains. CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company received a fine of approximately US$42,000 related to the incident.

Gobierno del Estado anuncia Conferencia Minera Discovery que se llevará a cabo en Mazatlán del 2 al 4 de abril, con la presencia de más de mil participantes, entre contratistas, productores, proveedores y estudiantes

Kootenay Silver Inc. is pleased to announce the results from its ongoing mapping and surface program conducted at the Columba Silver Project located in Chihuahua State, Mexico.

The Mineral Resource estimated for each resource category – Indicated or Inferred – is displayed in Table 1, at different silver equivalent (AgEq) cut off grades. The report documents a maiden mineral resource estimate for the initial 500 m long x 100 m wide resource area, part of a 3.5 km mineralized exploration corridor at the San Marcial Project.

Colibri Resource Corporation is pleased to announce that it has received assays from its geological mapping and sampling initiatives recently completed on the Evelyn and El Mesquite properties, Sonora, Mexico. Results include a value of 43.9 g/t Au from a quartz vein on the Evelyn property.