Category: Exploration and Development

Drill Turns at La Virginia Gold-Silver Project, Sonora, Mexico

Silver Viper’s President and CEO Steve Cope states, “The slow start to Phase I drilling has required patience. We are now extremely happy to be underway. The project has great potential and we look forward to advancing the exploration effort to include additional areas of interest in the claim areas.”

Radius Gold commences drilling at Amalia Project, Mexico

Radius Gold Inc. is pleased to announce that two drill rigs have arrived at the Amalia property and drilling has commenced at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program is operated by Radius and funded by Pan American Silver, under a joint venture agreement. Radius plans to drill test several high-grade gold and silver epithermal targets at Amalia in the coming months.

First Plomosas Ore Shipped for Sale

Brad Marwood CEO was at site for the first delivery to Santa Eulalia concentrator and said: “We are very pleased that our Mexican team established mining operations on-time, under budget and in a safe manner.”

SilverCrest Expands Las Chispas Inferred Resource 4.3 Million Tonnes at 3.68 gpt Au and 347 gpt Ag, or 623 gpt AgEq for 87 Million Oz AgEq; Includes 1.6 Million Tonnes at 1,091 gpt AgEq for 56 Million Oz AgEq

N. Eric Fier, CPG, P.Eng and CEO, remarked, “The delivery of this updated resource estimate is another major milestone for SilverCrest as we continue to systematically expand high-grade mineralization in the Las Chispas district. In the spring of 2018, we started our Phase III drill program with a Q3 target of 75 to 85 million ounces silver equivalent at a grade of around 600 gpt AgEq. With the recent expansion and discovery of multiple high-grade veins and zones, this target has been exceeded with an updated Inferred Resource of 4.3 million tonnes grading 623 gpt AgEq for an estimated 86.7 million AgEq ounces. The most exciting aspects of this resource update are the high-grade resources identified in the Area 51 zone of the Babicanora Vein and the Babicanora Norte Vein.”

Southern Silver Substantially Increases Zinc Recoveries and Grades in New Metallurgical Test Results; Generates Separate Copper Concentrate

Southern Silver Exploration Corp. reported today that additional metallurgical test work on the Skarn Front deposit from the Cerro Las Minitas Project has resulted in both the successful separation of a potential “saleable grade” copper concentrate as well as the generation of a cleaner zinc concentrate grading above 50% zinc without sacrificing zinc, lead or silver recoveries.?

Endeavour Silver Reports Multiple High-Grade Infill Drill Intercepts and Files Prefeasibility Study Technical Report for the Terronera Mine Project, Jalisco, Mexico

Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These infill drill results helped us meet our goal this year to increase our measured and indicated resources. The high silver and gold grades, excellent continuity of mineralization and significant exploration upside to expand the resources reinforce our view that Terronera has the potential to become the next key asset for the Company.”

Coeur Reports Fatal Accident at Palmarejo

Two underground production drillers fell into a void after the ground below them collapsed. The area was immediately evacuated and all underground operations were suspended pending emergency response and initial investigation. The Company is working closely and cooperatively with the authorities to respond to the situation. The ground collapse occurred in a highly localized area and does not affect other portions of the mine. Operations have resumed except in the specific level of the underground mine where the incident occurred.

Prize Mining Commences Diamond Drill Programs at the Manto Negro Copper Project and Toughnut Gold-Silver Properties

At Manto Negro, diamond drilling is focused on the deposit areas known as El Granizo and Pilar Grande. While these showings lie on the same stratigraphic horizon, they are 18 kilometres apart and are only two of thirty-five known high-grade copper showings that exist on the extensive property. The drill program will consist of approximately 3,000 metres in 30 holes, divided equally between the two areas. This first drill program is designed to provide a good understanding of the style, grade and continuity of the copper mineralization and lay the foundation for follow-up drilling to define a resource.

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