Category: Exploration and Development

Excellon Resources Inc. (TSX:EXN, EXN.WT, EXN.WT.A; OTC:EXLLF). “As with our previously announced results, drilling underground continues to increase our confidence in the resources and expand our footprint at Platosa,” stated Ben Pullinger, Senior Vice-President Geology. “Definition drilling ahead of current mine workings allows for continued de-risking of future production allowing for better visibility on planning. In particular, the widths intersected in the Pierna Manto are better than expected or predicted in the current resource model.”

Del 6 al 8 de junio, en las instalaciones del Centro de Convenciones de Zacatecas se realizará la Expo Minera, donde se abordarán temas técnicos en materia de explotación de suelos, y se dará paso a un encuentro entre inversionistas que permitan abrir oportunidades de negocios entre las empresas especializadas. En este evento participará la Embajada de Australia en México, e industrias mineras de Chile, España y Suecia que propiciarán el contacto con el capital mexicano.

Azure Minerals Limited (ASX: AZS) is pleased to advise that followup diamond drilling has intersected additional high-grade gold and cobalt mineralisation on its 100%-owned Sara Alicia project, located in Sonora State, Mexico.

“The final set of drill results from the surface drill program has met our objective to confirm and provide us with additional detail on the extent and continuity of the complex breccia below the proposed pit.” said Greg McCunn, Chief Executive Officer. “In addition, the information has provided us with confidence in our decision to incorporate the underground component into the project scope.”

The 3,000 meter core drill program, starting on Buensavista South Stockwork, will test at least 4 principal drill-ready zones. In addition to the Buenavista South Stockwork, other targets include the Buenavista NE dike/vein, the Camaleon vein and the Pajaro Stockwork. The surface expression of these targets occurs within the lower portion of a strong high-level argillic cap.

Los más de 11 mil asistentes, entre niños, jóvenes y adultos, se divirtieron y aprendieron consejos de seguridad en la casa, escuela y trabajo, además de presenciar pláticas de cuidados a la salud, obras de teatro y dinámicas, por lo que se visitaron también los módulos de las empresas contratistas, paramédicos de Cruz Roja Fresnillo y personal militar del 97 Batallón de Infantería.

“Our Hermosillo-based exploration team, headed by noted geologist Mel Herdrick, is currently defining targets throughout the Cerro Caliche concessions for a reverse circulation drilling program scheduled to begin during the second half of 2018,” said Kenneth MacLeod, President and CEO of Sonoro. “The drilling program is being designed to verify the earlier data and to expand the scope and scale of the gold resource indicated in the Corex report.”

Orla Mining Ltd. (TSX VENTURE: OLA) is pleased to provide the results of a positive Preliminary Economic Assessment and a mineral resource estimate on its 100% owned Camino Rojo Project located in Zacatecas State, Mexico. The mineral resource and PEA support a technically simple open-pit mine and heap-leach operation that offers low capital and operating costs, rapid payback, and strong financial performance.

N. Eric Fier, CPG, P.Eng and CEO, remarked, “With this discovery of the Babicanora Norte Vein, we continue to show the increased potential for more near-surface high-grade mineralized veins. This is now the 11th high-grade vein we have discovered in the district. This vein is located adjacent and parallel to the Babicanora Vein which contains a majority of the maiden resource estimate. We recently identified this untested vein and strategically drilled it for high-grades which were discovered in our second drill hole (BAN18-02, intercepting 1.5 metres grading 9.11 gpt gold and 1,033.3 gpt silver, or 1,716 gpt AgEq*). This successful strategy required projecting the known high-grade footprint of the adjacent Babicanora Vein along with geologic constraints to the untested Babicanora Norte Vein. With six drills currently operating, we continue to aggressively drill-test the Babicanora Norte Vein and several other untested veins using the model of “Nature of Multiples”; that is, find one high-grade footprint in a vein and apply the same controls to the next nearby vein.”

La construcción del proyecto Juanicipio, iniciará después de ser aprobado por el Consejo de Administración, se pretende arrancar en los próximos dos a tres meses.