Category: Exploration and Development

El 31 de octubre de octubre del 2018 en el Hotel Camino Real de la Ciudad de México se realizó el Foro “Los Retos de la Minería Mexicana”, evento organizado por la Asociación de Ingenieros de Minas, Metalurgistas y Geólogos de México (AIMMGM). Ante una audiencia integrada por representantes de los sectores público y privado de la industria minera mexicana se hizo una exposición amplia y detallada del estado que guarda el sector. Como invitado especial al Foro acudió el M.C. Francisco Quiroga, próximo Subsecretario de Minería, nombrado por el Presidente Electo de México, Lic. Andrés Manuel López Obrador.

Alamos Gold, Inc. informa que debido al abatimiento de las reservas minerales en su unidad minera “El Chanate”, a partir del mes de noviembre se da por concluida la extracción de mineral, continuando en el mediano plazo con la producción de oro únicamente mediante el proceso de lixiviación en patios. En sus 12 años de operación, la mina El Chanate extrajo una cantidad importante de toneladas, alcanzando a esta fecha 690,000 onzas de oro y más de un millón de onzas de plata producidas.

“The Phase 1 program at the Santana gold project has been an overwhelming success” state Darren Koningen, CEO of Minera Alamos.

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “We continue to de-risk Las Chispas with the startup of closely-spaced in-fill drilling for the Babicanora Vein, including the high-grade Area 51 zone. By announcing our best drill hole intercept to date suggests that significant additional potential could be discovered at Las Chispas. Furthermore, we are intercepting high-grade vein mineralization within 5 to 10 metres of our projected target, which helps to increase our confidence in vein location and continuity. “

“Our progress to date in defining high-grade veins outcropping at surface at Yoquivo is excellent. We expect to continue with the surface work in preparation for identifying the best drill targets, which we plan to test in a drill program in 2019. The discovery of additional untested veins on the property is promising. We believe the Yoquivo district is emerging as a very interesting exploration play in this well-mineralized portion of the Sierra Madre,” states Warren Rehn, President and Chief Executive Officer of Golden Minerals.

Colibri Chief Operating Officer Ian McGavney said “There is limited downside risk for the shareholders in this proposed transaction. The deal structure allows Colibri to secure these properties for the next 5 years using little cash resources which allows monies to be used for exploration activities. We see the conversion price of the convertible debenture as very positive considering the current share price level.”