Category: Exploration and Development

“These excellent drill results at both of our operating complexes continue to expand our silver resources allowing for future low capital and operating cost production,” said Darren Blasutti, President and CEO of Americas Silver Corporation, “With the San Rafael mill processing 1,650 tonnes per operating day with further ramp up expected, our cash costs and all-in sustaining costs will continue to reduce over the remainder of the year.”

The gold and silver mine is in Cieneguita in the municipality of Urique. Aerial photographs provided by the state government show a white residue coating a long winding course through the mountains. Video captured at the scene showed a thunderous torrent of water rushing down a steep mountainside.

“Since Hole 7 confirmed that high-grade silver mineralization is present in virgin veins outside of the historically mined areas at Alamos, we have focused our exploration on discovering and sampling more such veins farther afield in the district,” stated Darrell Rader, President and CEO of Minaurum. “We are excited to find three new veins carrying high silver grades in our newly acquired claims and continue to seek others throughout our project. While we wait for permits for an aggressively expanded drill program, we look forward to updating the market with our ongoing exploration results.”

Goldplay Exploration Ltd. (TSXV: GPLY) is pleased to provide a summary and additional results of the surface trenching program at the El Habal Property in Sinaloa, Mexico. The results to date have identified oxidized gold mineralization on the surface along a 1000 meter-long mineralized zone. Additionally, the results of recent trenching at the Octavio target support opportunities to continue exploration along the mineralized zone to the east.

“We are extremely pleased with our recent drilling success in the MNFWZ at Cozamin,” said Brad Mercer, Senior Vice President of Exploration at Capstone. “This new resource estimate, the culmination of over a year of intensive drilling, nearly triples the ore tonnes and doubles the contained copper in the MNFWZ M&I classification.”

“Nos gustaría expresar nuestro agradecimiento a las autoridades federales y del estado de Chihuahua en México por su apoyo y rápido despliegue de recursos para asegurar los caminos de acceso a nuestra mina Dolores y continuaremos trabajando estrechamente con ellos a medida que avanzamos”, afirmó Michael Steinmann, presidente y director ejecutivo de la Compañía.

CEO John Lawrence said “We are excited to start the shakedown of the Los Juarez pilot plant in Q4 2018 and to continue construction of the 400-ton mill. We expect to announce our progress on several additional strategic and financial opportunities that do not involve dilution of any kind.”

“This deal continues us on our path towards establishing a strong presence in the Oaxaca region of Mexico,” said Dusan Berka, CEO of Megastar Development. “Coupled with our earlier announced deal, Megastar has put together a strong portfolio of prospective exploration assets situated in between two currently producing mines. As well, working with David Jones, a geologist with a long history of success in Mexico, gives us a strong technical base upon which to commence our activities down there.”

“We would like to express our gratitude to the Federal and Chihuahua State authorities in Mexico for their support and rapid deployment of resources to secure the access roads to our Dolores mine, and we will continue to work closely with them as we move forward,” said Michael Steinmann, President and Chief Executive Officer of the Company.

Bacanora Lithium plc, the London listed lithium exploration and development company, is pleased to provide a positive update on the ongoing development of its Sonora Lithium Project in Mexico as it prepares to commence construction of a fully integrated lithium carbonate operation, beginning with Stage 1 construction of a 17,500 tpa plant before upgrading to 35,000 tpa via a planned Stage 2 expansion project.