Category: Exploration and Development

Magellan Gold Corporation, a U.S. based mining and exploration enterprise focused on silver and gold, today announced it has reached preliminary agreement to toll treat mineralized material utilizing the Company’s SDA Mill at Acaponeta, Nayarit State, Mexico. A private third-party supplier will be responsible for sourcing the mineralized material and delivering it to the mill. Test processing of an initial bulk sample of approximately 1,000 tons is expected to commence during December 2018.

Alamos Gold informó que se están realizando esfuerzos para llegar al área donde fueron vistos por última vez con un equipo de búsqueda y recuperación. La compañía está investigando el accidente y ha notificado a las autoridades pertinentes, así como a los familiares de los desaparecidos.

Alamos Gold Inc. regrets to announce a serious accident occurred today at its Mulatos Mine in Mexico. The accident involved an unexpected pit slope movement in the El Salto area of the open pit where pre-stripping activities were being conducted.

One World Lithium Inc. clarifies that in it’s news release of December 13, 2018 titled “One World Lithium Progress Report” the date of the property tour by the drilling company should have read December 18, 2018.

Chesapeake Gold Corp. wishes to provide an update on the exploration work at its 100% owned Yarely Project in Sinaloa State and Tatatila Project in Veracruz State, Mexico. Yarely is located 25 kilometres west of the proposed Metates plant site and encompasses 76,200 hectares. Metates is Chesapeake’s flagship project which hosts one of the largest undeveloped gold, silver and zinc reserves in the world. Tatatila is a district scale project hosting goldcopper skarn mineralization which strategically surrounds Mexican Gold Corp.’s Las Minas project.

One World Lithium Inc. is in the process of reaching an agreement on a provisional bid to complete a 12 hole – 4,200 meter (13,800 foot) drilling program with an international drilling company that has regional operations in Hermosillo, Mexico.

Ridgestone Mining Inc. announces that it has received partial results from a recently completed 12 hole, 1,430 meter diamond drill program at its Rebeico gold-copper project located within the prolific Sierra Madre gold belt, Sonora, Mexico

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “With further positive results from closely spaced in-fill drilling, we continue to confirm the continuity of high-grade mineralization in the Babicanora Vein, including the Area 51 zone. These additional drill holes are indicating wider mineralized thicknesses in several areas than previously modelled and are starting to identify discrete multi-kilograms per tonne mineralized shoots.

Mexus President Paul Thompson stated “The first batch of 75 samples have been received with positive results. We are expecting additional assays prior to the end of the year. Batches 2, 3 and 4 are expected to be completed in six to seven weeks at which time Mexus experts can complete a gold/silver resource valuation. The first 75 samples were analyzed by AA-multi element and gold/silver by fire assay.”