Category: Exploration and Development

Vangold Mining Corp. is pleased to announce that its wholly owned subsidiaries have entered into agreements to acquire seven mining claims, totalling 2,798 hectares, located in the States of Guanajuato and Queretaro, Mexico. The claims are grouped in three separate blocks, all located within 6 hours drive of Guanajuato City, which is now the Company’s base of operations for engineering, data storage, mapping and support staff.

Mexico would profit much more by letting silver, the ‘excrement of the Moon’, remain buried, and instead take advantage of the natural medical and therapeutic wealth of peyote to help cure modern man of his ‘sickness of the heart’.

La empresa mexicana Fresnillo plc, filial de Peñoles, informó que invertirá 110 millones de dólares para ampliar la mina de oro Herradura, ubicada en Sonora y donde emplea a 1,228 personas.

The primary objectives of this drilling will be to confirm the presence of higher-grade mineralization within the discrete shear veins, as well as the presence of broad haloes of lower grade Au-Ag within adjacent, sericite – Fe carbonate altered wall rocks. Historical data has been incorporated with the Company’s recent exploration work, resulting in field evidence that the north-south trending shear/vein structures coalesce in various zones along strike. This has reinforced the geological model that wider zones of gold mineralization, flanking the high-grade shear structures, some of which continue to be mined by local gambosinos (miners), where grades appear to be in the 15 g/t gold range, exist.

Kootenay President and CEO James McDonald states, “We are very pleased to commence drilling on the newly discovered eastern portion of the Las Venadas Zone. The new zone is contained within a strikingly similar geological setting to the Las Carolinas, San Gregorio and La Borracha Zones of silver mineralization situated to the north. All indications from ground exploration and sampling to date make this region of the property a top priority as we continue to ramp up our drill and resource expansion program at La Cigarra.”

The Board of Directors of AIVN are pleased to announce the discovery of two new major auriferous zones on the concessions purchased on December 1, 2015. The Company completed the acquisition in Baja California of La Sorpressa, 90 hectares, La Sorpressa II, 265 hectares, La Sorpresa III, 71 hectares, Las III Fraccion 2 Frac I, 12 hectares, Las III Fraccion 2 Frac II, 12 hectares, Las III Fraccion 2 Frac III, 72 hectares, El Cid, 55.674 hectares, El Cid 1,72 hectares, Dolores, 1266.150 and M. Carter, 66.6054 hectares. The Company currently has a pilot plant mining operation at its La Sorpresa IV Property located in Baja California, Mexico. Presently, there are two Mexican mining companies showing interest in the Alamo and the Board of Directors recently turned down a Letter of Intent for $3,000,000 for 50% ownership of its subsidiary AIVN DE MEXICO.

Brian Robertson, President and CEO stated, “We are excited about these high- grade sample results. The high-grade, gold bearing veins on the Pueblo Nuevo concession occur along the same sill contact and are believed to be part of the same metallogenic system as the better-known Au-Cu skarn deposits a few kilometres away at Las Minas proper. We look forward to carrying out further sampling and drilling at this highly mineralized site.”

“The 2017 exploration program is off to a fantastic start,” said Americas Silver Chief Operating Officer Daren Dell. “Only five months into the year and we have new discoveries at the Galena Complex which will positively impact the mine plan in the near term and provide optimism for future resource growth. At Cosalá, a significant extension of the San Rafael Zone 120 mineralization combined with our existing El Cajón mine points toward a new development scenario where our silver-copper resource could support a production centre.”

Darren Koningen, President of Minera Alamos, commented: “this is a transformative announcement for Minera Alamos and marks the beginning of the next phase of our Mexican production and growth strategy. We are pleased to welcome Osisko as a significant shareholder of the Company and a strong partner to pursue near-term gold production at La Fortuna. We look forward to working with Osisko to fast-track La Fortuna toward production and expand our presence in Mexico organically and through additional acquisitions.”

Mexus Gold US. CEO Paul Thompson visited the Santa Elena mine on May 26th. During the visit he was able to witness the much anticipated arrival of the 4230 jaw crusher. As previously announced, this jaw crusher will enable the mine to increase production to 10,000 tons per day when operating at full capacity. It is expected that this increase in production will occur gradually as the machines performance is perfected. “Getting the jaw crusher on site is big deal to our mine operator and our shareholder base. I was thrilled to see the machine up close and getting readied for production,” added CEO Paul Thompson.