Category: Exploration and Development

Ethos commences drilling at its La Purisima gold project, Chihuahua, Mexico

Ethos Gold Corp. is pleased to announce the commencement of its maiden drill program at the La Purisima gold project in north-west Chihuahua State, Mexico. The initial program will comprise approximately 3,000 meters of reverse circulation drilling in a planned 15 RC holes. The drilling will target near surface, bulk tonnage, oxide gold mineralization.

Oroco Announces Receipt of a Draft Technical Report for the Santo Tomas Porphyry Project, Sinaloa, Mexico

Oroco Resource Corp. is pleased to announce the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa, Mexico. The Technical Report has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for use by the Company and by Altamura Copper Corp. for filing as a Technical Report with Canadian securities authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, per the NI 43-101F guidelines.

Kootenay Regains 100% of Promontorio and La Negra

Kootenay President and CEO, James McDonald stated: ‘We thank Pan American for the considerable work they have done on the Project, in particular the extensive drilling completed at the La Negra high-grade silver discovery. Combined with the existing large resource base of Promontorio and over US$3.6million in exploration expenditures funded by Pan American in advancing the Project, we are regaining control of 100% of what we consider to be very valuable assets.’

GoGold Drills 18.5m Averaging 3.07 g/t Gold Equivalent in Deepest Hole to Date at the Los Ricos Project Confirming Deposit Open at Depth

‘Our understanding of the Los Ricos deposit has been greatly enhanced by incorporating the historical underground gold and silver assay data from over 10,000 channel samples collected in the stopes, crosscuts, raises and winzes into our 3D models. This has allowed us to visualize the down-dip extensions of the high-grade deposits and provides an approach for the team to continue drilling successful holes like these’ stated Brad Langille, President and CEO.

Azure Minerals – Early Stage Mining to Start at Oposura

Commenting on the decision to commence trial mining at Oposura, Azure’s Managing Director Mr Tony Rovira said: ‘This is an exciting step forward for the Company. With minimal upfront capital required, this trial mining operation will provide early positive cash flow and Azure will start to realise value from the asset. Generation of this cash flow will assist in funding completion of the Feasibility Study and meeting other corporate expenses.’

Teck Named to 2019 Best 50 Corporate Citizens in Canada

‘Our employees and our company are dedicated to giving back to the communities where we operate, and ensuring that sustainability is at the heart of everything we do,’ said Don Lindsay, President and CEO. ‘Teck is committed to being a positive corporate citizen, while also producing the materials needed to improve people’s quality of life around the world.’

Gunpoint Options Mexican La Gitana Gold-Silver Project to Inomin Mines

Gunpoint Exploration Ltd. is pleased to announce the signing of a non-binding letter of intent with Inomin Mines Inc. to sell its 100% interest in the La Gitana gold-silver property located in Oaxaca State, Mexico. La Gitana comprises a 494 hectare property situated within a major northwest trending regional structure that host several mineral deposits including Gold Resource’s La Aguila open-pit gold-silver mine and Fortuna Silver’s San Jose underground gold-silver mine. The terms of the Agreement provide for an exclusivity period to conduct due diligence and conclude a definitive agreement to finalize the purchase terms of the Transaction.

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