Category: Exploration and Development

Santacruz Resumes Operations at Veta Grande Mill

Santacruz Silver Mining Ltd. reports that the Company has recommenced operations at its Veta Grande mill located in Veta Grande, Zacatecas Mexico following authorization from PROFEPA and SEMARNAT (Mexico’s environmental regulatory authorities) to do so.

Mammoth Resources Announces Mobilization of Diamond Drill Equipment to Tenoriba Gold-Silver Project, Chihuahua, Mexico in Preparation for Drilling

Thomas Atkins, President and CEO of Mammoth commented on the imminent commencement of drilling, stating: “We should begin our first drill hole shortly and although I doubt we’ll finish the entire program before year end, whatever portion continues into the new year there should be a steady supply of drill results flowing beginning in January and continuing for a number of weeks into 2018.”

Torex Clarifies Media Misinformation

The Company was made aware of an incident that happened this past weekend in the town of Atzcala, about twenty five minutes (15Km) from its El Limon Guajes Mine. During this incident, two men were killed in the course of a dispute. Torex confirms that the two men were not employees of the Company.

Monarca Minerals Inc. Signs Letter of Intent to Acquire San José Property in Chihuahua, Mexico

Mr. Carlos Espinosa, President, reports “Monarca is very pleased to sign a LOI for the San Jose Property in Chihuahua, Mexico, a friendly and familiar jurisdiction for Monarca’s team and management. After reviewing several investment opportunities, we decided to move forward and sign a LOI for San Jose, an excellent opportunity to diversify our property portfolio.”

Starcore Enters into Letter of Intent to Acquire the Santa Fe Project

“This project is synergistic with Starcore’s goals and presents us with a tremendous opportunity,” said Robert Eadie, President & CEO of the Company. “Not only do we have a huge concession area for expansive exploration, but the project also comes with various permits already in place, including an explosives permit and an environmental impact survey permit. The power line is already installed; social footholds have been initiated in the communities; and the project positions Starcore in another Mexican mining district with great potential for gold and silver. We’re excited!”

Dos muertos en mina de Guerrero por conflicto laboral

Al menos dos trabajadores paristas de la empresa minera Media Luna, ubicada en el municipio de Cocula, fueron asesinados el sábado por la noche, denunció el Sindicato Nacional de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Similares de la República Mexicana.

Mexico gold mine killings jolt NAFTA talks

The fatal shooting of two workers in an apparent clash between unions at a Canadian-owned mine in Mexico angered labor activists at NAFTA talks on Monday who said the violence was an example of poor labor conditions in the country.

Stroud Resources Announces 71% Increase in Measured and Indicated Resources at Santo Domingo, Mexico

“Santo Domingo was first discovered in the 16th century and although there have been several periods of small-scale mining over the last 400 years, little modern exploration was ever carried out on the Property,” said Mirsad Jakubovic, CEO of Stroud, “We have now defined a significant silver deposit and believe we have merely scratched the surface. The strike length of the La Raya and Guadalupe zones have been drilled to a depth of approximately 150 metres, leaving considerable room to expand by drilling. With the technical sophistication available today, the opportunity exists to more sensitively and expertly extract these resources with the least amount of disruption and cost. The sites proximity to Guadalajara provides excellent access to roads and facilities, with power and water supply on-site.”

Leagold Reports Additional Drill Results, Including High-Grade Intercepts Along Western Flank of Bermejal Underground

Leagold CEO Neil Woodyer stated: “The results of the drill program at Bermejal Underground have exceeded our expectations to date, with several areas of high-grade mineralization already defined. We continue to see excellent results as we focus the remainder of the drilling on the Central and Western side of the deposit. We have 15 rigs on site and will complete the drill program in November.”

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