Category: Exploration and Development

Cancela AMLO mina de oro Los Cardones en BCS

Al detallar su decisión, dijo, “también me adelanto porque me van a reclamar, ya saben cómo me tienen, van a decir y por qué en el aeropuerto hubo consulta y por qué en la termoeléctrica hubo consulta y en lo de la mina no. Es sencillo, lo del aeropuerto lo iniciaron otros; lo de la termoeléctrica y el gasoducto lo iniciaron también el gobierno pasado. Esto me tocaría a mí iniciarlo, y yo digo no. Y tengo la facultad”, precisó.

Radius Gold Provides Update on Amalia Project, Mexico

Radius Gold Inc. is pleased to provide an update on its preparations for stage two drilling at the Amalia Gold-Silver Project in Chihuahua, Mexico. Late last year, Radius announced the results from its initial drill program at Amalia. Five drill holes tested the Campamento (now called San Pedro) structural corridor, intercepting gold and silver mineralization in all holes with the deepest hole AMD18-009 cutting 26m at 7.08 g/t Au and 517 g/t Ag, including 5m at 14.71 g/t Au and 1378 g/t Ag.

Venadas Vein Discovery Opens New Juanicipio Exploration Potential

This is an entirely new and previously unrecognized vein trend that runs opposite to the expected NW-orientations shown by veins mined for nearly 500 years throughout the known parts of the Fresnillo District. The JV exploration team deserves great credit for puzzling it out, said Dr. Peter Megaw, MAG Silver’s Chief Exploration Officer. We think these may be very important controls on the overall mineralization system because the Valdecañas Vein gets wider and richer in gold where Venadas and its suspected brethren cross it. Most importantly, the cuts to date are all at high elevations, so we are eager to drill them at depth to see if they improve like Valdecañas.

Advance Gold Closes Private Placement and Prepares For Phase 3 Drilling

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Our team is very excited to get started on our phase 3 drilling program at the Tabasquena project. We are in the final stages of planning our two pronged approach to drilling, and will provide more details as we begin drilling shortly.

Southern Silver Intersects 2.0m averaging 409g/t Ag, 0.9% Cu, 0.8% Pb and 8.4% Zn (871g/t AgEq; 24.6% ZnEq) in Drilling at Cerro Las Minitas

The identification of such enriched silver and pathfinder metals in this initial phase of wide-spread drill testing on the CLM West claims may be significant in suggesting a potential proximity to much more precious-metal enriched (Ag-Au) deposits. Similar pathfinder-ore relationships are identified on the adjacent La Preciosa and Avino mineral systems and are described in classic models of vein and breccia epithermal systems.

Sable Intersects 297.7g/t AgEq (283g/t Ag, 0.78% Zn, 0.32% Pb) over 33.3m including 702.13g/t AgEq (579g/t Ag, 1.67% Zn, 0.76% Pb) over 9.9m

We are very pleased to have been able to increase the strike length of the Margarita structure a further 250m to the southeast with Hole M-DDH-19-15, commented Ruben Padilla, Vice President of Exploration for Sable. Drillhole M-DDH-19-14 is our best intercept to date confirming the high-grade core of the Margarita Vein over considerable thickness with an extensive lower grade halo close to surface.

Aloro Signs New Three Year – 50 Drill Hole Surface Access Agreement With the Mulatos Ejido

Thomas A. Doyle, President, CEO, stated “I would like to thank the Ejido for their help and support to let us continue with our exploration programs. I am very pleased that we were able to reach an agreement. The initial plan is to get the drill rig back on the property and follow up on what we have discovered in LVRC 12 in the south east portion of the property”

Evrim and Coeur Mining commence drilling at Sarape gold-silver project in Sonora, Mexico

“The undrilled Sarape Project is located in the Rio Sonora Valley, an emerging precious metals mining district that includes Silvercrest’s Las Chispas deposit, Premier Gold’s Mercedes Mine, and First Majestic’s Santa Elena Mine and Ermitaño deposit,” commented Stewart Harris, VP of Technical Services. “Drilling is planned to test the Sarape and Chiltepin veins; targets that have potential for significant gold-silver shoots beneath zones of favourable geochemistry.”

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