Category: Exploration and Development

Almaden Hits Significant Silver Mineralisation in Ixtaca Infill Drilling Program, Hits 31.50 Meters of 0.39 G/T Au, 117.0 G/T Ag

Almaden Minerals Ltd. is pleased to announce additional results from Almaden’s ongoing 2015 Ixtaca Zone exploration and development program at the Company’s 100% owned Tuligtic project, Mexico. Recently the company released a positive PEA on the Ixtaca deposit. The mineral resources incorporated into the PEA mine plan were comprised of 29% Measured, 55% Indicated and 16% Inferred. The results reported today are from hole TU-15-453, drilled subsequent to the 2014 resource update and PEA and designed to upgrade the Chemalaco Zone resources remaining in the inferred category to the higher confidence measured and indicated categories…

Bacanora Reports Drilling Results for La Ventana, Sonora Lithium Project

BACANORA MINERALS LTD. is pleased to announce assay results from a total of 2,946 metres of drilling in 22 holes recently completed on its wholly-owned La Ventana concession, as well as one hole drilled on the Fleur concession. Both concessions are held as part of the Company’s Sonora Lithium Project in Mexico…

Kootenay Encounters More High-Grade Silver in Phase II of the La Negra Drill Program

Kootenay Silver Inc. is pleased to announce results from the final three holes of its Phase II drill program on the La Negra Diatreme Silver discovery on its Promontorio property in Sonora, Mexico. The final three holes of the program were designed to test variously La Negra’s northeastern extension, the western end, and another deep test of the diatreme breccia. High-grade intercepts were encountered in two of the three final holes expanding the extent of the mineralized breccia to the northeast and to depth…

Grupo México insiste en la solvencia de su proyecto en Aznalcóllar

Grupo México ha insistido en la “solvencia técnica y económica” de la empresa y de su proyecto minero para Aznalcóllar, de forma que han apuntado que muestra de la capacidad financiera de la entidad, la sociedad creada para la ejecución de dicho proyecto, llamada ‘Minera Los Frailes’, cuenta ya a día de hoy con fondos propios libres por un importe de más de 93 millones de euros.

Ejército peruano resguarda mina de Grupo México; protestas se extienden

El proyecto minero de Grupo México en Arequipa, Perú, ha convertido a esa comunidad en una zona de disturbios que se han extendido a otras regiones del país. Las autoridades peruanas investigan el intento de soborno de líderes disidentes por parte de la filial del mexicano Germán Larrea, mientras que miles de ciudadanos han iniciado movilizaciones para llamar a la paz.

Kootenay Announces San Diego Project Optioned to Aurico Gold

Kootenay Silver Inc. is pleased to announce that it has entered into an option agreement through its wholly owned Mexican subsidiary, Minera J.M. with Oro de Altar a wholly owned Mexican subsidiary of AuRico Gold Inc. The option allows ODA to earn up to 100% interest in the San Diego property located in northern Sonora State, Mexico. The project is one of Kootenay’s Generative properties and was acquired by MJM in 2014 under an option agreement, giving MJM the right to acquire an undivided 100% interest.

Bacanora Announces Update in Lithium Resources for the Sonora Lithium Project, Mexico

BACANORA MINERALS LTD., the Canadian and London listed lithium and borates company focussed on Mexico, is pleased to announce that it has updated the Mineral Resource Estimate for its lithium properties, consisting of its 100 percent owned La Ventana lithium concessions, El Sauz and Fleur concessions which are held by Mexilit S.A. de C.V. and the Megalit concession, which is held by Megalit S.A de C.V Mexilit and Megalit are owned 70 percent by Bacanora and 30 percent by Rare Earth Minerals PLC. The MRE was carried out by SRK Consulting Limited, an independent consultant.

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