Category: Exploration and Development

“Our priority is the safety and security of our personnel. We have been monitoring the situation, and with the recent incidents that have occurred along the access roads, we have determined the prudent course of action is to suspend personnel movements to and from the mine until the roads are safe for our employees,” said Michael Steinmann, President and Chief Executive Officer of the Company.

El secretario general de Gobierno, Sergio César Alejandro Jáuregui Robles, señaló que esta tarde se realizará una nueva reunión con la empresa canadiense Pan American Silver Corporation que opera la Mina de Dolores, en el municipio de Madera, a fin de evitar el cierre permanente de sus actividades.

“Project Fenix shows that El Gallo has the potential to be retooled to produce silver and gold for years into the future. The current heap leach gold mine would transform first to a mill and process the residual heap leach pad material, then additional mill modifications would enable processing of silver and gold ores from four other deposits. This plan depends on innovative in-pit tailings disposal that we think is a win-win for all stakeholders. Over the coming quarters we intend to advance environmental permitting and refine our plans with a feasibility study before making an investment decision next year,” said Rob McEwen, Chairman and Chief Owner

Pan American Silver Corporation ordenó el cierre de operaciones y el inmediato desalojo de la Mina de Dolores, la cual opera en el municipio de Madera, derivado de las condiciones de inseguridad en la zona serrana del estado de Chihuahua.

Canasil President & CEO, Bahman Yamini, commented: “We are pleased that drilling has resumed at La Esperanza; the project covers a large area hosting multiple vein systems with potential for high-grade silver-gold-zinc-lead mineralization. The main La Esperanza vein, where the recent and current drill programs have been focused, demonstrates signs of a strong mineralized system and has consistently returned wide high-grade intercepts from drilling to date. This vein has only been tested over a limited zone along the potential strike of the vein at a relatively high level in the system. There should be excellent opportunities for expanding the mineralized envelope along strike and to depth.”

Taj Singh, P.Eng, President & CEO states, “Additional assay results from our sampling program at Puerto Rico continue to highlight the high-grade nature and strong continuity of mineralization in the historic underground workings at Puerto Rico. Our mapping and sampling program is progressing well and we continue to be on pace to have drill-ready targets in Q3.”

José Antonio Berlanga, Director and CEO, states: “Achieving commercial production at Campo Morado is a major milestone for Telson. When we commenced pre-production activities in October 2017, we provided guidance that we expected to declare commercial production in Q3, 2018. To do so mid Q2, a full 3 months ahead of schedule, is a testament to the tremendous skill and expertise of our mining team and the hard work of our employees….”

“These results clearly indicate that high grade silver vein mineralization, and also silver bearing breccia geology, is evidenced along the full 3 km strike extent of the San Javier structure and the San Javier mineralized corridor. This is very encouraging for geological prospects and vein continuity along trend in the northeasterly direction, and suggests potential for a robust high-grade and vein hosted mineral endowment.” Stated Hub Mockler.

Marcio Fonseca, Goldplay’s Chief Executive Officer, stated, “We are extremely excited with the start of drilling on an attractive exploration project located in the vicinity of historical high-grade historical gold-silver Rosario mine.

Riverside’s President and CEO, John-Mark Staude, stated: “We are encouraged by the exploration results obtained at the Canasta target which we acquired with partner Centerra Gold through the Mexico concession lottery system. The soil survey and rock samples have provided positive results that encourage Riverside to continue with drill target definition. We look forward to further exploration work being done at the Project leading to a potential drilling campaign later in the year.”