Category: Exploration and Development

Capstone Mining 2016 Second Quarter Production Results

Capstone Mining Corp. today announced production results for the three and six months ended June 30, 2016. Combined production totalled 28,100 and 52,700 tonnes of copper in the second quarter and year-to-date periods, respectively, with additional by-products of zinc, molybdenum, lead, silver and gold.

Evrim’s JV Partner First Majestic plans drilling the Ermitaño Gold-Silver Project

Stewart Harris, Evrim’s Vice President of Technical Services commented, “The drilling program at the Ermitaño West target represents an excellent opportunity to add to the mineral endowment of a 10 kilometre by 15 kilometre trend, which includes Ermitaño East, Veta Valentina, Durazno area, and the Santa Elena Mine. Vein structures at Ermitaño West exhibit similar structural characteristics to the east-striking principal veins at Santa Elena and vein textures suggest a shallow level of exposure in this low to intermediate sulphidation epithermal system. The shallow level of exposure suggests that the most prospective part of the epithermal gold-silver system has been preserved beneath this untested target.”

Piden a mineros cuidar su fuente de empleo

En el marco de la celebración del Día del Minero, el secretario general del Sindicato Minero Metalúrgico don Napoleón Gómez Sada, Carlos Pavón Campos, pidió a los trabajadores que cuiden sus empleos.

Alset Provides Update on Mexican Lithium Salars and Ontario Projects

Alset Energy Corp. is pleased to announce that the Company continues to move towards completion of the definitive agreement to acquire a right to earn 100% in the previously announced Mexican lithium, potassium and boron brine salar assets located in Zacatecas and San Luis Potosi, Mexico. Alset’s Mexican subsidiary, Grupo Minero Alset, has been incorporated and registered with the requisite government authorities. In addition, the Optionors, through Alset’s legal counsel in Mexico, are filing all documentation with the governing bodies with respect to the mineral concessions. Permitting for exploration and development work will start immediately after the completion of the definitive agreement.

First Majestic Produces 4.7 Million Silver Eqv. Ounces in Second Quarter

“We delivered a solid second quarter with total production coming in-line with our guidance,” said Keith Neumeyer, President & CEO. “I am most pleased to see the grade and recovery increases at Del Toro following improvements in dilution control and the implementation of a flash-flotation approach within the processing plant. In addition, the La Encantada plant resumed normal operations in early May following mechanical modifications to the crushing and grinding areas. These modifications required a temporary mechanical delay which resulted in lower milling rates throughout most of April. At Santa Elena, the operation continues to exceed our production expectations largely in part due to the continued success in mill optimization. As a result, metallurgical recoveries of silver at Santa Elena achieved a new quarterly record of 89% during the second quarter.”

Fortuna reports production of 1.6 million ounces of silver and 9,365 ounces of gold for the second quarter 2016

Fortuna Silver Mines Inc. is pleased to announce second quarter production figures from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 1.6 million ounces of silver and 9,365 ounces of gold plus base metal by-products. Silver and gold production for the first six months of the year totaled 3.2 million and 18,629 ounces respectively; being 7 percent and 10 percent above the company’s mid-year projection. Fortuna’s production guidance for 2016 is 7.0 million ounces of silver and 42.8 thousand ounces of gold or 9.6 million ounces of Ag Eq.

Promueve minera fresnillense ciencia ambiental

A través del Programa Colectivos para la Enseñanza Vivencial e Indagatoria de la Ciencia (Cevic), se han atendido a más de 2 mil 400 menores de entre 4 y 12 años. El proyecto es implementado por la empresa Fresnillo PLC, en coordinación con la Secretaría de Educación de Zacatecas (Seduzac).

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