Category: Exploration and Development

Fortuna commissions 3,000 tpd mill expansion on-time and under-budget at the San Jose Mine, Mexico

Jorge A. Ganoza, President and CEO of Fortuna, commented, “I would like to commend the superb work done by our team in delivering the construction and commissioning of the San Jose Mine expansion to 3,000 tpd on-time and under-budget.” Mr. Ganoza continued, “Post expansion, the San Jose Mine will rank among the world’s top thirteen primary silver producing mines with an estimated AISC below US$7.0 per ounce of silver.”

Cyprium Mining announces start of production at the Potosi Silver Mine

Mr. Alain Lambert, Chairman and CEO of the Cyprium commented: “We are very pleased that it took only six months and less than a million dollars to return the Potosi Mine to production. This nicely validates Cyprium’s business plan of acquiring and inexpensively restoring past producing mines to generate cash flow for expanded development and exploration.” Mr. Lambert added: “We believe that the larger Santo Domingo mineralized body located at level 9, 10 and 11 of the mine – also known as the Main Silicate Body – has good exploitation potential and having started production of the Tunel body, evaluation and preparations for exploiting the Santo Domingo body will assume top priority.”

Mexico Now has Access to the Latest Technology in Grinding Media Designs

“Direct visits to mine processing sites confirmed that there are clear benefits in using these specialized designs”, said The Sino Grinding senior regional chief, Mark Addison. “Breakage of media and coarse grind results will be easily corrected with our wide range of designs”, he said.

Alix Identifies Lithium-Bearing, Clay-Rich Sedimenatry Assemblage Over a 1.1 Km Distance At the Electra Project, Mexico

ALIX RESOURCES CORP. is pleased to announce the assay results of the recent round of sampling at the Electra Project in Sonora, Mexico, where values as high as 246.0 parts per million (ppm) lithium (Li) confirmed a target sedimentary assemblage with the potential of hosting economic lithium-bearing, clay-rich horizons. The Electra lithium project is contiguous to Baconora/REM’s Buenavista Lithium project.

Oceanus Reports Assay Results and Mobilizes Diamond Drill to its El Tigre Property in Sonora, Mexico

Oceanus Resources Corporation is pleased to provide new assays results from its ongoing infill gap sampling program on the legacy diamond drill core at its 100% owned El Tigre Property in Sonora, Mexico. Oceanus disclosed the results from the first 28 drill holes located between Sections 4400N and 4000N in press releases dated March 7, 2016 and May 16, 2016. The company has now released results from 53 holes over a strike length of 1675 meters along the El Tigre deposit (Sections 4975N to 3300N).

Goldgroup brinda una actualización sobre el Proyecto San José de Gracia

Goldgroup Mining Inc. ha leído un artículo noticioso de fecha 26 de junio de 2016, publicado por Noroeste, un importante periódico con base en el estado de Sinaloa, con relación a un cierre obligatorio informado de las operaciones mineras de San José de Gracia por parte del Gobierno estatal. Si bien Goldgroup considera que el artículo es confiable, todavía no ha tenido la posibilidad de confirmar, de manera independiente, los hechos informados en el artículo.

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