The Company has received a drilling permit required to start its 12 hole, 4,250 meter (14,000 feet) drilling program at its Salar del Diablo Property located in the State of Baja California Norte, Mexico. The Property is one of the largest known salars to be drilled in 2019.
In summary, Ridgestones exploration results since optioning the Rebeico property have proven very fruitful and justify a more comprehensive program including detailed mapping and sampling, further geophysical surveys, and extensive diamond drilling.
We are very pleased with the results from the recently completed field program at Pino de Plata. In addition to the discovery of new vein targets and the significant expansion of the large target areas of El Terrero and the Gossan, assays of samples taken by ProDeMin verify the tenor of existing mineralization in two large areas that may host significant mineralized tonnage. With the data generated during this program we are now prepared to drill Phase I with greater confidence, stated Karl Boltz, CEO of Silver Spruce.
Newmont Goldcorp Corporation announced that later today the Company intends to temporarily suspend operations at the Peñasquito mine in Mexico pending resolution of an illegal blockade by a trucking contractor and some members of the Cedros community that began on March 27, 2019.
The primary focus of this initial Phase Two round of drilling was to test Cerro Caliches northwestern anomalous gold zones by scout drilling targets which had been previously identified by geochemical and surface mapping but had not yet been drilled by the Company, said Kenneth MacLeod, President and CEO of Sonoro. The successful outcome of scout drilling in the northwestern zones and infill drilling at the El Colorado zone supports the Companys plan to further drill these zones following additional analysis of the data. The balance of the ongoing Phase Two drilling is focused on extending mineralization at the Central Zone cluster of Japoneses-Cuervos-Abejas, prior to preparing a virgin resource estimation.
The Donovan 2 project is located 45 Km southeast of Zacatecas city, Zacatecas State, Mexico. Aliens geologists collected 44 surface samples consisting of: rock chip, float samples and historic dump samples during a detailed exploration program to complement the geophysics and surface mapping conducted since November 2018. Three samples returned assays in excess of 1000ppm Cu.
Más del 60% de la electricidad que consume Fresnillo plc proviene de la energía eólica, y su objetivo es aumentar ese nivel al 75% en la segunda mitad de 2019.
Thomas A. Doyle, President, CEO, stated, We are very pleased that SEMARNAT reviewed our application and has turned it around quickly. New mapping and sampling by the Aloro geological team in the southeast portion of the property has identified new mineralised structures in addition to what was intercepted in LVRC-012. I look forward to getting the drill rig back on the property and follow up on the discoveries we have found in the south east portion of the project.
“We continue to believe that a negotiated settlement in lieu of further litigation under NAFTA is in Mexico’s and Odyssey’s best interests, and we hope to continue a constructive dialogue with the current Mexican Administration. I returned from consultations in Mexico with a renewed sense of optimism that this project will move forward and will create significant benefits for both Odyssey’s investors and the people of Mexico, including the enhancement of Mexico’s food security and self-sufficiency,” stated Mark Gordon, Odyssey CEO. “But, if Mexico does not share these goals, we are prepared to go the distance to ensure our shareholders realize their rightful return on our investment.”
Minera Alamos Inc. is pleased to announced that it has entered into a binding letter agreement with ePower Metals Inc. dated April 22nd, 2019 that outlines the terms and conditions upon which Minera Alamos will assign its option rights to acquire the Guadalupe de los Reyes gold property in exchange for approximately 19.8% of the outstanding ePower common shares and certain other rights related to the development of Los Reyes. Minera Alamos currently has the right to acquire a 100% interest in Los Reyes pursuant to an option agreement entered into with Vista Gold Corp.
Mexico Mining Center © 2021 / All Rights Reserved
