Category: Exploration and Development

“This is an exciting time for shareholders, as we commence our bulk mining and process testing on our Santana Gold Project.” said Craig Schneider, Corex’s President and CEO.

As the Scoping Study at Plomosas continues to progress successfully, Consolidated Zinc has found significant high?grade mineralisation outside the Resource area which could have clear implications for the project’s scale.

Canuc Resources Corporation is pleased to provide summary information, previously compiled, pertaining to work done by Santa Rosa Silver Mining Corporation on the San Javier Silver/Gold project.

“The finalization of this deal with First Majestic on El Gachi and our preceding San Felipe deal with Americas Silver are the culmination of management’s strategic initiative to divest non-core assets from our mineral property portfolio and focus on our producing assets, those being the Rosario Project and the Veta Grande Project respectively”, stated Arturo Préstamo, President and CEO of Santacruz. “With an improved balance sheet and no further property payments to MHM we are now better able to maximize the return on capital from our silver production. “

Mike England, President of Alix, stated: “We are very pleased to be initiating the maiden drill program on the Agua Fria lithium clays discovery. With an international team of Canadian, Australian and Mexican personnel, the objective is to discover lithium-rich clay deposits similar in grade and size to that of the Bacanora/REM La Ventana deposit.”

Orex Minerals Inc. announces that project partner Fresnillo PLC has completed a Phase-V exploration diamond drilling program of 11 holes on the Coneto Gold-Silver Project in Durango, Mexico.

Alset Energy Corp. is pleased to announce that having completed an environmental report and an application for drilling, the Company has received the necessary permits to commence drilling at its La Salada lithium project near Zacatecas, Mexico. The Company is now in the process of securing drill crews and site personnel and is expecting to commence drilling in early April.

Canasil Resources Inc. announces that the Company has received assay results for three additional drill holes, ES-17-13, ES-17-14 and ES-17-15, of the 2016-17 core drilling program at the La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. All three drill holes intersected mineralized vein structures with results detailed in the table below. ES-17-13 was a 90-metre step-out to the northwest from prior vein intercepts, and ES-17-14 and ES-17-15 were each 50-metre and 100-metre step-outs below the previously identified southeastern zone of the La Esperanza vein. These drill holes have extended the confirmed intercepts of the La Esperanza vein to approximately 335 metres along strike and to a depth of 425 metres below surface. All three holes appear to have crossed or passed close to faults located to the northwest and southeast of the central zone of the La Esperanza vein…

In September 2016 the Company completed a 590 line kilometer airborne magnetic geophysics survey over the main deposit at Sierra Mojada targeting structures at depth. In addition, over 20,000 meters of drill core was re-logged over areas of high interest and a new structural model developed for the main deposit. This work identified a number of deep structures coincident with known high grade historical silver and zinc mines in the area and were the main targets for the drill program.

Riverside’s President and CEO, John-Mark Staude, stated: “We are very encouraged by the initial trenching results completed to-date at the Glor Gold Project. The nature of the gold mineralization and associated alteration at the newly discovered Pitaya gold zone is consistent with the orogenic gold model we have been using to explore the Project. We are pleased to be working with a partner of Centerra’s caliber and look forward to completing our first drill campaign at Glor in the near future.”