Category: Exploration and Development

Excellon Provides Update On Optimization Program And Q1 2017 Production Results

“The Platosa optimization program is nearing completion,” stated Brendan Cahill, President and Chief Executive Officer. “With each additional submersible pump we are increasing the local rate of drawdown at Platosa resulting in drier mining conditions day-by-day and the results continue to confirm or exceed our projections. Essential well cleaning was largely completed during Q1 and we are now in position to install submersibles more rapidly. We remain on track for a dry mine by the end of Q2.”

Goldcorp Provides First Quarter 2017 Exploration Update

“During the quarter we continued to focus our efforts on reserve replacement and populating the resource triangle with new targets,” said Paul Harbidge, Senior Vice-President, Exploration. “I am encouraged with the positive results that we are seeing from our portfolio of projects as well as the generative studies which are laying the foundation for future exploration success. We are well positioned to meet our targeted 20% increase in reserves over the next five years.”

Arian Silver – Expiry of Option over Tailings Project

Jim Williams, Chief Executive Officer of Arian commented: “It is helpful to have come to a conclusion on the Noche Buena tailings project. In drawing a line under this project, we can focus on our lithium interests where we see the greatest upside potential. We expect to announce the first set of assay results from our recently acquired lithium projects imminently, and a preliminary technical report is scheduled to be completed soon thereafter.

Alix Intersects +1,000 ppm Lithium in the 1st Drill Hole on its Agua Fria Lithium Project, Sonora, Mexico

Mike England, president of Alix, stated: “We are very pleased with the results from the first drill hole and the drill progress to date the Agua Fria lithium clay targets. 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.”

Avino Announces Further Results from its Current Exploration Drill Programs (Between the San Luis Workings and Elena Tolosa Workings, and to the West of San Luis) at the Avino Mine

“We are very encouraged with the overall results of the initial exploration drill program between the San Luis workings and Elena Tolosa, and due to the success of the program, we are pleased to have extended it. The results support the continuation of the extensive Avino Vein system, and continue to demonstrate that this is a new gold rich area that has been untouched in the past,” David Wolfin – President & CEO Avino Silver & Gold Mines Ltd.

OZ Minerals Signs Exploration Agreement for Acapulco’s VHMS Targets in Mexico

Acapulco Gold Corp. is pleased to announce that it has entered into a mineral exploration earn-in agreement with OZ Exploration Pty Ltd. and Minera Zalamera S.A. de C.V., pursuant to which Zalamera has granted an exclusive option to the Company and OZ Minerals, together as optionees, to acquire the Zaachila, Riqueza Marina, and Zapotitlan projects in Oaxaca, southern Mexico.

Mexus smelts first gold at Santa Elena mine

Mexus Gold US announced that on Saturday, April 22nd, CEO Paul Thompson observed the first smelting of precipitate at its Santa Elena mine. “This test run went well resulting in a small amount of dore. The crew will be fine tuning the temperature of the furnace, adjusting the flux mixture, and installing a more precise weighing system. These are normal steps for a start-up and won’t take long to perfect. This is a hallmark moment for Mexus and marks what will be the first of many gold pours to come.” added CEO Paul Thompson.

Santana Minerals Limited – New Silver Zone Identified at La Plata Prospect + Silver-Gold Rich Flexure Identified at Santa Eduviges Prospect, Cuitaboca Project, Mexico

Santana Minerals Limited is pleased to announce recent diamond saw trenching results at the La Plata prospect some 2km north of the Jesus Maria prospect plus rock chip and diamond saw trenching results at the Santa Eduviges prospect south of the Mojardina prospect, all of which sit within the Company’s Cuitaboca Project in Sinaloa, Mexico.

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