Category: Exploration and Development

More Gold Mineralisation Intersected at Cascada

Azure Minerals Limited is pleased to report that it has received further assays from the recently completed exploration drilling program at the Company’s 100%-owned Cascada deposit.

SilverCrest Confirms Underground High Grades at Santa Elena; 13m @ 2.54 gpt Au and 307.0 gpt Ag; Including 0.7m @ 18.25 gpt Au and 2,900 gpt Ag

SilverCrest Mines Inc. is pleased to announce results of underground infill drilling completed in July, 2014 at its 100% owned Santa Elena Mine in Sonora, Mexico. Twenty five closely-spaced underground drill holes, totaling 2,856 metres were completed to better define reserves and verify widths and grades for planned production stopes. The results of all holes included in this news release will be part of the resource update scheduled to be completed by early 2015.

U.S. Antimony Reports Natural Gas and Increasing Output from Mexican Smelter

United States Antimony Corporation reported that natural gas had been turned on at its Mexican Madero Smelter. Natural gas will be approximately seventy percent lower than the cost of propane, and it is expected to significantly increase the gross margin. The Company is also adding four more furnaces that will increase smelter output by 50% and start reducing the inventory of smelter feed. Presently, the smelter is shipping antimony metal of a very high grade similar to Chinese Grade 1. All production is in a sold out status.

Camioneros exigen a ArcelorMittal pago digno por traslado de mineral

Cerca de unos 250 transportistas que ofrecen sus servicios a la empresa acerera ArcelorMittal, amagaron con realizar un bloqueo a la entrada de la misma el próximo miércoles, toda vez que exigen el incremento del 25 por ciento a la tarifa por traslado de tonelada de mineral; la compañía solamente les ofrece un ocho por ciento, lo que ellos consideran un abuso.

Goldcorp reports pit wall instability at El Sauzal mine

GOLDCORP INC. today announced that its El Sauzal mine in Chihuahua, Mexico is experiencing movement in the highwall slope of the Trini pit. As a safety precaution, mining operations have been suspended until a geotechnical survey team can assess the potential impact of the instability on the mine’s operation. The current year represents the final year of El Sauzal’s active mine life, with 100,000 to 105,000 ounces of gold production expected in 2014. As of August 28, 2014 approximately 37,000 ounces of gold have been produced.

Clausura Profepa otra vez mina de Grupo México

La Profepa impuso una segunda clausura parcial temporal a instalaciones de la mina Buenavista del Cobre de Grupo México, por incumplir requerimientos en materia de impacto ambiental y actividades altamente riesgosas.

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