Category: Exploration and Development

Harvest Gold Corporation is pleased to announce that, further to its news release of August 9, 2018, the Board of Directors has approved the drill program budget submitted by project operator, Evrim Resources Corp. for the diamond drill program at the Cerro Cascaron gold project in Chihuahua, Mexico. The planned program includes up to 3000 metres of drilling comprising 15 holes covering seven target areas.

Ethos Gold Corp. is pleased to announce that it has, through its Mexican subsidiary Compañía Minera Roca Dorada, S.A. de C.V. entered into an option agreement with Mr. Rodney Alan Blakestad Cobean to earn a 100% right, title and interest in and to 897 hectares of mineral concessions contiguous to its La Purisima project situated in the municipality of Buenaventura, Chihuahua, México, subject to the Property Owner being entitled to a 2.0% net smelter return royalty upon the Company earning 100% interest in the Property on the terms set out in the Option Agreement.

Radius Gold Inc. is pleased to announce mobilization of a drill team to explore Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program, operated by Radius and funded by Pan American Silver, is expected to commence in September.

Grupo México will reopen its San Martín mine, located in Sombrerete, Zacatecas, Mexico, which was closed for 11 years due to a labor dispute with the National Trade Union of Mining Workers led by Napoleón Gómez Urrutia.

Two diamond drill rigs have now mobilised to site to carry out this 5,000m program and drilling has commenced.

Taj Singh, P.Eng, President & CEO, states, “Puerto Rico is really coming into focus, with two of the three historic mines now completely mapped and sampled. These new results from San Jose continue to highlight the very strong and consistent grades at the Project. The sampling program of the third historic mine, the Puerto Rico mine, has just wrapped up and we are awaiting assay results. The focus will now shift to drill-planning and prioritizing targets for drilling in 2H18. We are also finalizing plans for an airborne magnetic survey at the Project which will aid in drill-targeting and will also help to identify high-potential regional targets surrounding the historic mines’ area.”

Commenting on the drilling starting, Azure Minerals’ Managing Director, Mr Tony Rovira said: “Since acquiring Oposura only 12 months ago, we have advanced the project very efficiently and productively and the Scoping Study / Preliminary Economic Assessment is nearing completion.”

Rock chip-channel sampling conducted by Aztec returned 0.47 gpt gold over 222.0 meters from Line B taken along drill roads at the California porphyry gold-copper prospect. Highlights of the program also include sample results from five of the seven sample lines that confirm highly anomalous soil sample results and extensive porphyry-type gold mineralization intersected in the Phase 1 drill program.