Category: Exploration and Development

Goldplay President and CEO Marcio Fonseca commented, “These excellent metallurgical results represent another milestone completed at the San Marcial Silver Project, increasing the significance of this deposit as an emerging high grade potential open pit development with a standard leaching metallurgical flow sheet.”

The identification of such enriched silver and pathfinder metals in this initial phase of wide-spread drill testing on the CLM West claims may be significant in suggesting a potential proximity to much more precious-metal enriched (Ag-Au) deposits. Similar pathfinder-ore relationships are identified on the adjacent La Preciosa and Avino mineral systems and are described in classic models of vein and breccia epithermal systems.

Goldcorp says it is seeing the multiple benefits of autonomous drilling at its Peñasquito gold mine in Mexico, with the company set to ramp up the use of this technology in the next few years.

Thomas A. Doyle, President, CEO, stated “I would like to thank the Ejido for their help and support to let us continue with our exploration programs. I am very pleased that we were able to reach an agreement. The initial plan is to get the drill rig back on the property and follow up on what we have discovered in LVRC 12 in the south east portion of the property”

Almadex Minerals Ltd. is pleased to provide an update on its exploration activities and results from a prospecting level diamond drilling program in one part of the Yago project (located in Nayarit State, Mexico) called Gallo de Oro where banded epithermal veins crop out at surface.

J. Duane Poliquin, Chairman of Azucar commented, “We are very excited to be moving forward on our comprehensive two year intensive drill program at the El Cobre project. The results have shown the potential for multiple porphyry centres over a five kilometre strike. We look forward to reporting drill results as we move forward.”

Thomas Atkins, President and CEO of Mammoth commented on the commencement of exploration activities at Tenoriba, stating: “I was very pleased to see, only a week into the new year that Centerra and Mammoth were already coordinating activities to meet and plan the 2019 field exploration program and that geologists for both companies were in the field before month’s end. There’s a lot of work to be done for a new crew to hit the ground on a new project, however Centerra was quick to get their team in gear and in the field.”

Randy Eppler, interim president and CEO of Plata Latina, commented: “We are very pleased with the positive reults from the recent drill program completed by Reyna. These results build upon our initial exploration success and support our geologic discovery model. Reyna has steadily expanded the extent of known mineralization, focusing on 3 target areas with development potential along a three-kilometer strike length. We believe their efforts will continue to demonstrate the value of the Naranjillo property.”