Bradford Cooke, CEO, stated, Our goal in implementing these actions is to make our mining operations more efficient so they can return to profitability quickly and permanently. Reducing the operating costs and work force combined with investing in new mining equipment and retraining are keys to making our mines more sustainable even at low metal prices.
‘With almost 90% of the 10,000-meter drill program completed, we are pleased to report that the objectives of the technical program at Cerro Caliche have been accomplished,’ said Kenneth MacLeod, President and CEO. ‘Most critically, the program continues to outline shallow low-grade bulk tonnage gold mineralized zones with gold grades and intervals similar to operating heap leach mines in the region.’
‘This years exploration efforts at Switchback continue to impress with significant vein expansions along both strike and up-dip,’ stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. ‘Our recent focus has been on the northern extension of the Switchback veins system where the main Soledad vein appears to be splitting into two distinct mineralized structures. Exploration goals for the remainder of the year are to continue to test these northern extensions of this growing system, both along strike and up-dip at higher elevations, as well as infill drilling to upgrade mineralized material to proven and probable reserves.’
Radius Gold Inc. is pleased to report on progress of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius has now completed drilling of 6 diamond holes AMDD19-010 to AMDD19-015 totalling 1743m with assays returned for 3 holes (010, 011, 012). New results include Hole 012 which assayed 5m at 647 g/t Ag, intersected 50m below the phase one Hole 008 (5m at 0.59 g/t Au and 571 g/t Ag).
Galore Resources Inc. is pleased to announce that Minerales Galore S.A, De CV., Galores wholly owned Mexican subsidiary, signed an agreement with COMEFIN S DE RL DE CV of Mexico to immediately mobilize a drill core rig to complete a 2,500-meter diamond core drilling program at Galores 100% owned El Alamo project. The agreement also allows for an additional 1,500 meters of drilling at Galores 100% owned Los Gemelos project, where previous work has exposed narrow quartz and calcite veins containing visible gold.
Representantes de Fresnillo plc organizaron la Feria de Seguridad, bajo el lema de “cero tolerancia” a los accidentes.
Commented Craig Roberts, P.Eng., President and CEO of Ethos: ‘We are very encouraged by the trench results that show dissemination of gold mineralization over significant intervals outside of the primary veins in the Purisima Vein Zone, and also by the new high-grade intervals identified in the Stockwork Zone. We will use these results to plan our fully permitted maiden drill program of approximately 15 RC holes which we intend to commence shortly.’
Goldplay President and CEO Marcio Fonseca commented, ‘We are extremely pleased by the channel sample results from trench SMtr-022 as they indicate the potential for expanding the resource into the Guacamayo target to the SE of the San Marcial NI 43-101 silver resource area. Wide mineralization on surface, including high grade silver up to 1m at 974 g/t Ag, provides further encouragement for potentially expand the resource. ‘
Bradford Cooke, Endeavour Director and CEO, commented, ‘We continue to be encouraged by our positive exploration results at Bolanitos. Recent drilling has extended high grade silver-gold mineralizaiton in both the Plateros and San Miguel veins, which should help to replace reserves, increase resources and extend the mine life at Bolanitos.’
IMPACT Silver Corp. is pleased to announce commissioning of an engineering study to test the viability of Dense Media Separation (DMS) processing at its 100% owned Capire Production Centre located in the Mamatla district, Mexico. The Capire Production Centre is currently on standby and positive results from these DMS tests and other optimization studies may lead to a new operating plan toward placing Capire into production.
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