GOLDCORP INC. announced today that its Los Filos mine in Guerrero State, Mexico has resumed all operations following a negotiated settlement with the Carrizalillo Ejido for a new land occupancy agreement with a five-year term. Operations at Los Filos had been suspended since April 2, 2014.
SilverCrest Mines Inc. is pleased to announce a major milestone for the Company with the commissioning of the new 3,000 tpd CCD-MC processing plant now underway at its 100% owned Santa Elena Mine in Sonora, Mexico. The scheduled three year Expansion Plan to transition from an open pit heap leach operation to a conventional mill and underground mine is nearing completion. The US$99 million program including drilling, Pre-Feasibility Study, detailed engineering, new processing plant, and underground development is on budget (+/-5%) and has experienced only modest delays from the original schedule. Construction involved approximately 450 workers at its peak with a total of more than 1.5 million man-hours worked. Please click here www.silvercrestmines.tv/ to view the new ball mill in operation. For additional information and to view photos and videos of the mill, the processing plant and the mine site, please visit the Company’s website at www.silvercrestmines.com.
Orex Minerals Inc. is pleased to announce completion of an airborne geophysical survey at its Los Crestones precious metal project, Sinaloa, Mexico. The 4,168 hectare helicopter-borne radiometric and magnetic survey was flown at 50m line spacing by MPX Geoservices Ltd. Data are being processed and results are expected in the coming weeks. In addition, Orex has signed a contract with Quantec Geoscience Ltd (“Quantec”) to undertake an 18 line-kilometre TITAN 24 DCIP (Direct Current resistivity and Induced Polarization chargeability) ground geophysical survey.
Paramount Gold and Silver Corp. reported today that a new set of structures has been discovered to the south of the richly endowed Guazapares Megastructure on its 100%-owned San Miguel Project and preliminary drilling has intersected sizeable widths of high-grade precious metals.
Gold Resource Corp has released a reserve study for its La Arista underground mine on its El Aguila project in Mexico, showing proven and probable reserves of 381,400 ounces of gold equivalent at an average grade of 8.76 grams per tonne.
Soltoro Ltd. has provided Gold Reserve Inc. a six month work extension to complete required expenditures due in the second year of the three year option at Soltoro’s 100% owned La Tortuga project. Gold Reserve has provided Soltoro with a promissory note for US$150,000 payable on June 10, 2014 as consideration for the anniversary payment due on April 26, 2014.
Levon Resources Ltd. is pleased to report final drill hole assays from the Phase 4 drilling completed February 13, 2014 on the recently acquired Aida claim at the Company’s wholly owned Cordero project near Hidalgo Del Parral, Chihuahua, Mexico. Twenty four core holes 13,072 metres were drilled on a 100 to 150 m line spacing drill grid, testing the Aida claim which is located in the center of the Cordero resource.
Cayden Resources Inc. is pleased to announce that it has received initial results from its preliminary metallurgical test programs at it’s El Barqueño project in Jalisco, Mexico where cyanide leach tests achieved up to 96.9% gold recoveries.
Mediante una mina a cielo abierto, la canadiense Almaden Minerals podría obtener ganancias por más de 335 millones de dólares anuales, al extraer de 130 mil onzas de oro (3.6 toneladas) y 7 millones 798 mil onzas de plata (221 toneladas) durante cada uno de los 14 años que calcula de vida útil de explotación del yacimiento Ixtaca ubicado en una porción de las 14 mil hectáreas de terreno de su proyecto Tuligtic en el municipio serrano de Ixtacamaxtitlán.
Sierra Metals Inc. is pleased to announce that development is proceeding in the thick Azucarera stockwork breccia at the Promontorio Mine of the Cusi Property. Access to Azucarera on Level 8 from the ramp is complete and development on Level 10A is complete with cross cuts. Development ore from both levels is being shipped to the Company’s Malpaso Mill.
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