Category: Exploration and Development

Brian Robertson, President and CEO, commented, “The surveys will provide geophysical vectoring to more clearly define potential extension zones to known mineralization as well as new zones. We believe there is significant potential to expand and discover new resources at each of these zones”.

Commenting on the drilling, Azure’s Managing Director, Mr Tony Rovira said, “These drill holes are an added bonus at this early stage of the project. The significant quantities of sulphide mineralisation observed in most holes is very encouraging and will help in our interpretation of the geometry of the deposit. Meanwhile we’re in the process of finalising our application for the drilling permit, and I expect that drilling will commence in early to mid-October.”

En julio pasado, la empresa “Minera Caballo Blanco SA de CV”, presentó ante la Secretaría de Medio Ambiente y Recursos Naturales (SEMARNAT), el Documento técnico Unificado (DTU), del trámite de Cambio de Uso de Suelo Forestal, modalidad B-particular, “para la explotación a cielo abierto (Tajo)”, como parte del proyecto “La Paila” en el municipio de Alto Lucero.

“We are excited to commence this extensive exploration program to quantify the resource potential of the entire La Fortuna project area,” said Miguel Cardona, Vice President of Exploration for Minera Alamos. “Over the last number of months, we have substantially increased our understanding of the significant mineralizing events that occurred in the La Fortuna area and why this was the site of so much historical gold mining activity. The ability to bring in someone with the experience and capabilities of Robelsis to directly manage our exploration efforts is a significant opportunity for the Company and we are pleased to welcome him to our expanding team”.

Galore Resources Inc. is pleased to announce gold results from samples taken in July, 2017 by consulting geologist, Tony Adkins, P. Geo. Galore employed the services of Mr. Adkins to evaluate the El Alamo project and to determine if the property warranted further work. His review of the existing Galore data coupled with a field examination, showed that additional work, particularly a drill program of adequate size, is definitely merited. Mr. Adkins brings over thirty-five years of comprehensive exploration, project management and mine experience as a geologist and engineer. He has experience with the geological features present at El Alamo.

Akiba Leisman, Executive Chairman and Interim CEO of Marlin states that “we are excited to have completed the purchase of an extraordinary exploration asset in one of the world’s most prolific silver mining districts. To have bought this project at an attractive price is a testament to Marlin’s ability to grow on an accretive basis.”

Resource drilling at Tres Amigos successfully intersected massive sulphide mineralisation at the target horizon.
Results up to 34.7% Zn + Pb.
Mineralisation confirmed to be fresh sulphides with high zinc and low lead content (Zn/Pb ratios of 8-12:1).
Metallurgical testwork at Tres Amigos shows a high recovery of zinc to concentrate.

Kootenay President and CEO James McDonald states, “The discovery of a mineralized zone of this magnitude and strength of veining in the world-class Parral mining district is a highly significant development for the company. The large-scale nature and intensity of the mineralized zone offers exceptional future growth potential and is characteristic of other major silver deposits in the district such as the San Francisco Del Oro and Santa Barbara mines located closely to the immediate south.”

Bradford Cooke, CEO of Endeavour Silver, commented, “We continue to intersect encouraging results in the La Luz vein on the Terronera property. Although narrower than the Terronera vein, mineralization in the La Luz vein is much higher grade, more gold rich, and shallower in depth compared to the Terronera vein, which was the basis for the recent pre-feasibility study. Several other veins hosting surface high-grade mineralization at Terronera are also scheduled for drilling over the next two years.”

J. Duane Poliquin, Chairman of Almadex commented, “Since the Norte Zone discovery we have been carrying out a systematic drill campaign to define this target. To date the program has been based on large step-outs which have yet to define the limits of mineralisation. Future Norte drilling will also focus on defining the high grade zone that is emerging from the drilling results. Continuous mineralization in hole 29 starting close to surface and continuing for over half a kilometer shows the Norte Zone is developing significant tonnage as well as good grades. Elsewhere on the project first pass Encinal Zone drilling is complete and while we await assays from this work a drill is now being moved to the newly discovered Raya Tembrillo target within the large Villa Rica zone for the very first drill hole there.”