Category: Exploration and Development

Kootenay Silver Inc. is pleased to announce that amended permits are in place and preparations for the previously announced 7,500-meter drill program are underway at its 100% owned La Cigarra silver project, located in Chihuahua State, Mexico. Drilling will commence in approximately two weeks and operate concurrently with ongoing geological mapping and sampling programs on peripheral target areas, which will be drill tested later in the year. The program is designed to expand on the reported Measured and Indicated silver resource, which currently stands at 18.5 million tonnes grading 86.3 gpt containing 51.5 million ounces and an Inferred silver resource of 4.45 million tonnes grading 80.0 gpt containing 11.4 million ounces.

Allan Barry Laboucan, President and CEO of Alset Energy said: “Our team has worked hard to get to this stage where we can start drilling and carrying out further sampling on the La Salada salar. La Salada is one of our highest grade salars based on past historical work, but we really need to better understand the distribution of lithium, potassium and boron throughout the salar and to test for brine horizons. I look forward to a good news flow from this program as we will be very busy working at La Salada and sending material in for testing.”

Evrim Resources Corp. is pleased to provide an update on recent activity at its Ermitaño gold-silver project in Sonora, Mexico under option to First Majestic Silver Corp. First Majestic has completed six additional drill holes following up discovery hole EW16-04 that intersected 11.4 grams per tonne gold over 18.0 metres at the Ermitaño West prospect. During a site visit, Evrim geologists reviewed holes EW16-05 to EW16-07 and report intersections of wide veins with near identical vein mineralogy and textures to those reported in hole EW16-04.

Riverside’s President and CEO, John-Mark Staude, stated: “We provided guidance that drilling was anticipated at Glor in our 2017 Corporate Outlook at the beginning of the year, and are pleased to now have drilling commence ahead of schedule. Riverside continues to be active in Sonora with exploration work expected to start at the Company’s Cecilia Project and partner-funded Clemente Project in the near-future. We continue to deliver as promised and look forward to drill results from Glor.”

Mexus Gold US confirmed that it is producing gold at its Santa Elena mine. The first part of the mining plan is now complete with Pad #1 actively leaching gold, new mineralized material being place on pad #2, and the Merrill Crowe gold recovery plant now operational. We will be smelting and selling dore in the near future and will release results when prudent. The plan going forward will be to increase production to 10,000 tons per day and build out the mine infrastructure as necessary with increased revenue funding each stage. Mexus’ goal is to reach maximum output by December 2017.

The Company is pleased to announce that it has now received a summary of the exploration work conducted during 2016 by Desarrollos Mineros El Aguila, S.A. de C.V., a wholly owned subsidiary of Fresnillo PLC on the properties optioned to them by the Company in the Uruachic Mining District.

Primero Mining Corp. announced today that it has successfully resolved the work stoppage of unionized employees that began on February 15, 2017. Operations are expected to resume at Primero’s San Dimas mine in Mexico on Tuesday, April 18, 2017.

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

Integrantes del Sindicato Nacional Minero Metalúrgico (SNMM), de las secciones 62 y 72, se manifestaron y exigieron la renuncia del gobernador del estado, Alejandro Tello Cristerna, pues aseguraron que no ha cumplido con los compromisos que hizo con ellos y con Fresnillo durante su campaña.

Brian Robertson, Chairman and CEO, commented: “These initial drill results validate and extend the mineralized footprint of the El Dorado-Juan Bran zone, outlined by earlier exploration drilling. A zone measuring up to 430 metres in width and extending some 650 metres down dip, varying from 4 to 58 metres in thickness has been outlined. The zone remains open both on strike and down dip. The validation and expansion of the zone by the current drilling bodes well for defining a mineral resource estimate.”