Category: Exploration and Development

Managing Director, Mr Tony Rovira commented, “Metallurgical recovery was always going to be critical to this deposit and these very favourable results provide us with the confidence to continue progressing the project with further development studies.”

In December of 2014, the company announced the expansion of the mill to 3,000 tpd and the construction of a dry stack tailings deposit and filter facility. Construction activities for both projects are moving ahead according to plan and are below budget.

Unlike any previous drilling, strong gold and tungsten mineralization was cut in the final hole, which was drilled farther east than any previous drilling. Hole SA15-35 (See Map in Figure 1 and Table 1), cut two zones of coherent gold mineralization at 895-931 metres downhole depth: 9.33 m grading 1.01 g/t gold; including 0.88 m grading 3.6 g/t gold and 8.07 m grading 1.36 g/t gold; including 2.31m grading 2.96 g/t gold. These zones occur in scheelite-bearing skarn which extends from approximately 650 m to 931 m downhole depth. The highest grade tungsten (“W”) is 0.9 m of 0.38%. A broad zone of dispersed zinc mineralization (29.9 m grading 0.5%) lies just above the gold zone. Check-assaying at SGS confirms these gold results.

“We feel great remorse over the loss of our colleague Enrique Ortiz, an experienced underground miner at our San Dimas mine,” said Ernest Mast, President and Chief Operating Officer. “Work-related losses are felt deeply by the Primero and Tayoltita communities and we send our deepest sympathies to Enrique’s family and friends. The safe operation of our mines remains Primero’s top priority, and we will continue to work hard to eliminate all work-place accidents.”

El Gobernador Héctor Astudillo Flores ha reconocido que en Carrizalillo “hay un desencuentro entre dos grupos de ese pueblo”. Ha dicho que “es un lugar que se ha convertido en algo muy delicado y [al que] hay que ponerle mucho cuidado”. Pero el oro de una mina, una de las más productivas de América Latina, podría ser la razón de una guerra que deja ya muchos muertos.

“In addition to the work completed on the South Deposit, we are now evaluating new options regarding our North Deposit,” said Chris Frostad, CEO, Minera Alamos Inc. “As a result of last month’s successful drill results and the completion of a new resource estimate later this month we expect to add valuable alternatives to our approach.”

Orex’s President, Gary Cope says, “The start of a drilling program is always an interesting stage in project development and we are very pleased to embark on our first drilling program at Sandra Escobar.”

La empresa Minera Columbia de México, en Magdalena de Kino, Sonora, aplicó con prontitud su protocolo de control de derrames al operar las medidas de contención, reducción de los efectos de cianuro y limpieza primaria del área afectada. La Procuraduría Federal de Protección al Ambiente (Profepa) corroboró lo anterior tras el derrame de solución cianurada ocurrido el pasado 7 de diciembre, luego de producirse una fisura en un tubo por el que se transportaba dicha solución a los patios de lixiviación.

J. D. Poliquin, Chairman of Almaden reported, “This PEA update shows material improvements to the potential economic viability of the Ixtaca project realised through the recently-optioned Rock Creek Mill. At the same time a new mine plan is presented that optimises the mine plan for the lower metal price environment we find ourselves in by focussing on the near surface, quicker payback material. We now continue working on a PFS to further de-risk the project and initiate the permitting process.”

La Procuraduría Federal de Protección al Ambiente (Profepa) inspecciona la mina de oro Columbia de México, del Grupo NWM Mining Corp, ubicada en el municipio de Magdalena de Kino, Sonora, tras el derrame de solución cianurada ocurrido la mañana del pasado 7 de diciembre.