Category: Exploration and Development

Increased Recoveries and Concentrate Grades at Oposura

Azure Minerals Limited (ASX: AZS) is pleased to report that further metallurgical testwork continues to make significant improvements on the already positive results from its 100%-owned Oposura zinc-lead-silver project.

Prospero Provides Overview of Planned Work for 2018

The key objective for Prospero and its strategic partner Fortuna Silver Mines Inc. is to complete first-pass, proof-of-concept drill testing of key projects in the Altiplano belt of northern Mexico. Three projects have been shortlisted: Bermudez, Buenavista and Trias. Bermudez and Buenavista are covered by granted concessions, and Prospero anticipates that the Trias concession should be granted shortly.

Aztec Minerals Intersects 0.77 grams per tonne Gold over 160.0 meters including 1.04 gpt Gold over 80.0 m at Cervantes Property, Sonora, Mexico

President and CEO Joey Wilkins stated: “Hole 18CER010 is the best we’ve seen thus far at Cervantes as part of our Phase 1, 17 hole, 3,000 m drill program. These positive drill results, combined with our recent land acquisition that expanded the property six-fold to 3,619 hectares and added several new porphyry-type gold-copper targets, significantly enhance the potential of the Cervantes Property.”

Goldplay Exploration Receives Permit for Drilling Program at El Habal Gold Project

Goldplay Exploration Ltd. (TSXV: GPLY), is pleased to announce the receipt of the surface drill permit for the Company’s El Habal Gold Project in Rosario, Sinaloa, Mexico. With this permit in hand together with recently approved surface agreements with all landowners, the Company is preparing a Phase I drill program to commence in May 2018. The Company plans to complete an initial 4,000 m HQ core drill program based on successful results from its recent ground geophysical survey (“CSMAT”) and the mapping and sampling of historical shallow underground workings. The initial drill program will focus initially on a 600 m long mineralized corridor, open along strike and down dip within a highly prospective 6 km long mineralized corridor.

Argonaut Gold Proporciona Actualización Para Su Mina La Colorada

Argonaut Gold Inc. (TSX: AR) informó que el tribunal pospuso la audiencia relativa al permiso explosivo de Argonaut en su La Mina Colorada para permitir a la Secretaría de la Defensa Nacional (SEDENA) presentar las pruebas solicitadas por el tribunal respecto de la suspensión temporal del permiso de explosivos en la mina La Colorada de Argonaut. Se espera que el fallo se emita dentro de los 15 días hábiles posteriores a la fecha de la audiencia original (16 de abril de 2018), tal como lo exige la ley.

Goldplay Exploration Options San Marcial Project From SSR Mining

Marcio Fonseca, Goldplay’s Chief Executive Officer, stated, “Located only 30 km from the Company’s El Habal Project, the addition of San Marcial to our portfolio in the Rosario Mining District is an excellent complement to our strategy of consolidating a highly prospective 100% owned portfolio in a world class district. We are delighted with this opportunity and the addition of SSR Mining as a shareholder. The near surface high grade historical resource allied with preliminary historical metallurgical data encourages the Company to continue exploration aiming to expand the resource along the 3.5 km trend. The historical exploration results delineating 14 targets for precious metals explorations represent an upside exploration potential in San Marcial for future discoveries. The Company looks forward to advancing exploration programs at San Marcial”.

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