Category: Exploration and Development

Gainey’s renowned geologists: Larry Segerstrom, Director and QP of Gainey, and Rafael Gallardo, Senior Geologist of Minera Cascabel S.A. de C.V., have signed-off on 21 priority drill targets totaling 5,800 meters, which could be divided into various tranches. These targets are within mineralized zones at El Colomo, which include:

N. Eric Fier, CPG, P.Eng, President & CEO stated, “We continue to systematically complete our planned underground rehabilitation program at Las Chispas to evaluate areas of known high grade silver-gold mineralization. To date, we have accessed two kilometres of the estimated six kilometres of underground workings. Our first detailed underground channel sampling, as reported below, indicates continuous high grade areas that are easily accessible for potential future mining. In late March, we also commenced a surface drilling program to test extensions of known mineralized veins for potential new discoveries. For the next three months, we will be focusing on continually accessing historical underground workings to assess further high grade continuous mineralization.”

Mexus Gold US announced today that the environmental and mining permits are complete and work has begun on the area that will become Mexus’ open pit heap leach mine. An area 300 meters by 100 meters is being cleared and leveled for the pad. Mexus intends to open pit the shear zone where the Julio high grade quartz vein faulted to the west as identified by Director of Operations Cesar Lemas. The shear zone and the Julio quartz vein will be mined simultaneously with strict grade control. The shear zone ore has graded 1 to 5 grams per ton with the Julio assays running much higher and includes visible gold. Mexus believes that mining the Julio quartz vein from the surface along with the shear zone makes the most sense. The shear zone material will be crushed to ¾” minus then placed on the leach pad. The Julio high grade will go straight to Mexus’ crusher ball mill gravity recovery plant. The tailings from the gravity recovery plant will also be placed on the heap.

The United States of Mexico’s Secretary of the Environment and Natural Resources granted Corex’s 100% owned Mexican subsidiary, Corex Global S. de RL de C.V., a mining permit for an open-pit, heap leach gold operation and pilot plant. This permit allows sufficient material to be mined for testing, optimizing and proving operating methods and costs. In addition, it will provide for the continuity of operations while the planning and permitting for full-scale production is being completed. Corex has acquired all land, mineral and water rights for such an operation. Corex is also anticipating receipt of the Change of Land Use from Federal Attorney of Environmental Protection Agency which is the final step in the permitting process.

Este martes, la empresa Fresnillo PLC inauguró la Segunda Jornada de Salud Comunitaria, en la que se ofrecen más de 17 diferentes servicios de salud, entre los que destacan la atención dental, optometría y consulta general.

Entre la crisis mundial del acero, despidos y un sindicato calificado de obeso, los trabajadores rememoran hoy el desalojo en Michoacán

“Commencing work in Mexico as well as now having an interest in potential new technology for lithium extraction mark an exciting time for Alix and its shareholders.” stated Alix CEO Mike England.

Mario Cantu, the economy ministry’s mining chief, said in an interview on Thursday that Mexico’s mining lobby is seeking a series of meetings with members of Congress to also press its case for tax help for the ailing sector.

Orex’s President, Gary Cope says, “The identification of native silver as the predominant silver phase, is exciting news. Drilling continues in Phase-II, with the drill rig currently on hole SA-16 027. We are encouraged that all holes drilled to date have hit the mineralized horizon.”

Alain Charest, Vice President Exploration, Mexico commented, “The Sierra Madre Occidental hosts some of the most important gold-silver deposits in Mexico and Cerro Cascaron shares a similar geological setting as some of these deposits. The mineralization at Cerro Cascaron is abundant and high-grade, and its vertical extent and zonation demonstrate a well-developed system. In addition, local textures suggestive of the higher levels of gold mineralization indicate that significant gold mineralization could lie beneath.”