Category: Exploration and Development

David M. Jones, exploration manager and director of Megastar, says: “Our second round of sampling at Yautepec has not only confirmed our first round of results but surpassed them, yielding silver values up to 308 grams and gold values to 1.07 grams in an historically undocumented quartz vein system of impressive length with structural widths up to 7 meters, based on surface mapping to date. In tandem with the adjacent mineralized hot springs complex (sinter), we have generated a series of high priority drill targets after only two periods of fieldwork. This is a remarkable accomplishment for our small and highly motivated team, all of whom have had significant exploration discoveries in their careers.

”Our systematic approach to determining the extent of the Alamos District continues to be validated by drilling silver mineralization in newly recognized veins outside of the historical mining areas. We now have high-grade silver intercepts in 10 of the 14 vein systems drilled to date,” stated Darrell Rader, President and CEO of Minaurum Gold.

Canasil Resources Inc. is reviewing plans for renewed exploration on four 100%-owned drill ready silver-gold-base metal projects located in the “Mexican Silver Belt” within Durango and Zacatecas States, Mexico. These projects are all located on this highly prospective mineral trend that hosts a number of major silver-gold mines and deposits.

N. Eric Fier, CPG, P.Eng, and CEO, remarked, ”We continue to de-risk Las Chispas by achieving several significant milestones that are timely and noteworthy as we move forward to a construction decision, including; 1) the receipt of the General Explosives Permit with continuation of the planned underground exploration in the Babicanora Vein (Area 51 zone) and ongoing rehabilitation of the Babicanora Historic Adit for a secondary access to the vein, 2) acquisition of water rights, and 3) attaining 100% ownership of our mining concessions across all vein mineral resources.”

El 21 de agosto, la empresa Alamos Gold y su filial Minas de Oro Nacional firmaron un convenio con la Universidad La Salle Campus Noroeste, a fin de trabajar juntos en el desarrollo urbano de la comunidad sonorense Matarachi.