Dr. Peter Megaw, the Company’s Chief Exploration Officer, added that “the appearance of copper and strong skarn alteration in this area, combined with the later cross-cutting silver-gold rich veining suggests that we may have hit an ore-fluid upwelling zone, which could open up a new exploration target zone along the Valdecañas vein system.”
Azures Managing Director, Tony Rovira, stated: We are very pleased with current progress at Alacrán. Through our on-ground exploration activities and the ongoing historical research and data recovery programs, were building a comprehensive picture of the potential of this project and its looking good.
Golden Minerals Company announces the results of Canadian National Instrument 43-101 compliant mineral resource estimates for deposits at the Santa Maria Mine and the Los Azules Mine properties. Both properties are located in southern Chihuahua State,Mexico within 30 kilometers of the town of Hidalgo del Parral near the Parral mining district.
El Colectivo GeoComunes, que se dedica a la cartografía colaborativa de denuncia de mega proyectos y conflictos socio-ambientales en México, realizó una cartografía de la región del Istmo de Tehuantepec con, al menos, 30 zonas concesionadas a empresas para la explotación minera no metálica como arena sílica, azufre, grafito, sal, sulfato de sodio, sulfato de magnesio, granito, mármol, yeso, entre otros.
Minera Alamos Inc. is pleased to announce that it is re-initiating the development of its Los Verdes copper-molybdenum project in Sonora, Mexico. Development plans for the project were detailed in the Company’s Preliminary Economic Assessment issued January 12, 2012. Recent work by Minera Alamos has identified the potential for a phased approach that would begin with an initial small-scale production operation followed by an expansion towards the full project scope. Internal estimates currently target project construction to be initiated in 2016.
Orex Minerals Inc. in conjunction with their project partner Fresnillo PLC have commenced drilling on a Phase-IV exploration diamond drilling program of approximately 4,500 metres on the Coneto Gold-Silver Project in Durango, Mexico.
La Mina Aquila, en Michoacán, propiedad de Ternium, suspendió sus operaciones temporalmente debido a los bloqueos carreteros por parte de la comunidad indígena de San Miguel de Aquila.
Mexus Gold US announced an update on its placer operation and ongoing negotiations for underground mining at the Julio. On April 8th, a $10,000 payment was received from its Mexican corporation. The placer is not yet running at full capacity but is starting to pay the bills. Vice President Julio Baltazar added, “We are working hard to get the mine to full production and each day we are moving closer to accomplishing that goal.”
Golden Minerals Company announces the results of Canadian National Instrument 43-101 compliant mineral resource estimates for deposits at the Santa Maria Mine and the Los Azules Mine properties. Both properties are located in southern Chihuahua State,Mexico within 30 kilometers of the town of Hidalgo del Parral near the Parral mining district.
When gunmen in Mexico carried out one of the worlds biggest ever gold heists this month, Canadian pit operator McEwen Mining was left looking at $8.5 million in lost metal.
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