Category: Exploration and Development

Como parte de los proyectos mineros de 2017, empresas del sector invertirán en Zacatecas mil 65 millones de dólares, informó Juan de Dios Magallanes Quintanar, director de Minas de la Secretaría de Economía de Zacatecas (Sezac).

Serán 603 personas las beneficiadas este año, principalmente niños y jóvenes de las colonias y comunidades aledañas a las operaciones de Fresnillo PLC.

“Creemos que este nivel de inversión nos permitirá alcanzar nuestros objetivos de 2018, al mismo tiempo que establece la base para la siguiente década de desarrollo de la compañía”, dijo Alberto Bailléres, presidente de Industrias Peñoles, matriz de Fresnillo plc.

Destacan Timothy Wallace y Alonso Ancira relación empresarial de 25 años. Donada por Altos Hornos de México con motivo de cumplirse 25 años de relación comercial, una escultura en acero del artista torreonense David Madero recibe desde esta semana a los visitantes del edificio corporativo de Trinity Industries, Inc., en Dallas Texas.

“This confirms our view there may be more significant untapped mineralisation at Plomosas,” said Mr Dix. “Results from Tres Amigos North were higher than could be assayed using the ore grade analysis method meaning samples had to be resubmitted for ‘concentrate grade’ analytical methods.”

Mexico’s tax authority SAT and Grupo Mexico declined to comment. Fresnillo said it fully complied with its tax and royalty obligations while Penoles cited a letter from Mexico’s mining chamber rejecting allegations its members avoided taxes and questioned government calculations.

Brian Robertson, Chairman and CEO, commented: “We are excited about the expansion of the El Dorado / Juan Bran zone on strike as well as the number of high-grade intersections. The Cinco Senores zone, which is the site of extensive historical mining, is located approximately 670 metres to the west of the El Dorado / Juan Bran zone. The objective of the drilling program, which included infill/extension and step-out drilling, is to advance the Las Minas project to an initial mineral resource estimate, planned for Q2. The resource estimate will focus on the El Dorado / Juan Bran and Santa Cruz zones, two of six known mineralized zones at the property. The extension of the El Dorado / Juan Bran zone on strike to the west plus the previous drill results and sampling at the Cinco Senores zone – see news releases February 2, 2011 and August 8, 2011 and May 15, 2017 – is indicative of the extent of the mineralization at Las Minas.”

“We are excited to commence drilling at the San Acacio deposit and to follow up on the many targets that exhibit the potential to dramatically increase the size of the current resource. The current focus continues to be on the portion of the San Acacio project that has returned strong results, namely beneath the 1.2 km of historic workings on the vein along with the newly defined Quartz-Pyrite Breccia target.” said Bruce Winfield, President and CEO of Defiance Silver Corp.

Commenting on the PFS, Chief Executive Officer Greg McCunn said, “The Ana Paula Project has been significantly de-risked over the past six months with infill drilling now supporting a robust Mineral Resource Estimate, metallurgical test work defining an improved process design, capital and operating costs estimated to a high standard and our Environmental Impact Assessment approved by the regulators. The PFS has confirmed the project economics are very robust and we expect to continue moving the project forward to an investment decision in Q2 2018.”

Brian Robertson, Chairman, President and CEO stated, “We are very pleased to own a 100% interest in these two concessions. I wish to thank Mr. Farias for his strong support during the option period and willingness to renegotiate the option agreement on many occasions during difficult market conditions. We now look forward to advancing these properties, which contain historical mines with extensive workings, to the drill ready stage.”