Category: Exploration and Development

American International Ventures, Inc. (AIVN) is a gold and silver mining company with a focus on acquiring and then producing from historic mines in operator friendly regions of the United States and Mexico. AIVN flagship mining property “The Mother Lode” in Baja California, Mexico is an enormous mining district, with a rich history starting at the turn of the 20th century when over 200,000 ounces of gold was mined in only 10 years. Only 10% of the property has been tested for gold; the areas that have, return consistently high grade results.

“We are very pleased to release the 2016 Proven and Probable Reserve report, showing significant increases to reserve tonnes, gold ounces and silver ounces, along with substantial increases to our mineralized material at our Oaxaca Mining unit,” stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. “Working from a modest exploration budget, our team did an excellent job targeting mineralized extensions at our Arista and Mirador mines, and successfully converted previous mineralized material into proven and probable reserves during the 2016 exploration year. Goals for the 2017 exploration year again include replacing tonnes mined at our Arista Mine’s Arista and Switchback vein systems, as well as expanding the mineralization at the Mirador mine.”

Gilbertro Tovar Pérez, de 50 años, empleado contratista de la Constructora Necaxa, perdió la vida en el interior de la mina de la empresa Minera Fresnillo.

La canadiense no busca una reducción en las compensaciones individuales de los trabajadores que la semana pasada estallaron la huelga en su unidad de San Dimas, en Durango, sino sostener la rentabilidad del complejo

Mr. Ramiro Trevizo, Director and President of Mexican Operations, stated, “With our Mexican Headquarters located in the City of Chihuahua, and the Aldama Plant only 20 km away, there are efficiencies to the location of the Aldama Project. One of the keys to the Aldama project is the condition of the mill and the operating team at the Aldama Processing Plant. By securing an exclusive tolling arrangement, we can combine the acquisition of the Aldama groupings, along with other feed sources in the region, and begin to generate cash flow as early as March of 2017.”

“The purchase of this fully refurbished milling facility is a significant step towards reaching management’s plans and goals of building and operating an underground mining operation at Tahuehueto in the very near future.” states Antonio Berlanga, CEO and Director of Telson Resources Inc. , “Having the equipment sourced from Durango, Mexico, within the same state as our Tahuehueto Project, has saved considerable time in our development plan schedule and purchasing quality refurbished used equipment will also reduce our capital cost requirements from purchasing new equipment as estimated within our recently published Prefeasibility Study Report filed in accordance with NI 43-101 Standards of Disclosure for Mineral Projects (see news release dated January 23, 2017).”

Primero Mining Corp. today announced that unionized employees at the Company’s San Dimas mine in Mexico have initiated a strike action, resulting in the complete stoppage of mining and milling activities at the site.

Riverside’s President and CEO, John-Mark Staude, stated: “We continue to be encouraged by the results of the geochemical and geophysical surveys completed to date at the Glor Project, which show positive indications of an orogenic gold system. The quartz-sericite alteration, veining and deformation styles are similar to such features commonly seen at Sonoran orogenic gold deposits, including the nearby Chanate Gold Mine. We now look forward to further results from the current trenching and structural mapping program, with plans in place to drill in 2017.”

Kootenay President and CEO, James McDonald states, “We are very pleased with results from the 13 holes of our current drill program on La Negra with Pan American. The confirmation of additional, multiple zones of high-grade silver mineralization within a 600 meter strike length of the breccia, remaining open at depth, further underscores the future development potential of La Negra’s contained silver resource. We are excited with the continued success at La Negra and look forward to receiving results from the remaining four holes of the program.”

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the results of this independently?prepared PEA, as it presents a low cost and profitable operation at current metals prices. If we go ahead with the project, production at Santa Maria would mark Golden’s re?emergence as a producer of close to one million silver equivalent ounces annually, with the potential to move the company to positive net cash flow. We believe there is also excellent potential for expansion of the project which could lead to continued production beyond the initial three?year period considered in the PEA.”