Orex’s President, Gary Cope says, “We look forward to the start of a new exploration program on this promising silver-copper-zinc project in the prolific Silver Trend of Mexico.”
First Majestic Silver Corp. and Evrim Resources Corp. are pleased to announce that the Ermitaño and Cumobabi project option agreements in Sonora, Mexico have now been exercised and that First Majestic has completed its 100% earn-in for both projects. In connection with the exercise, First Majestic has made a US$1.5 million cash payment to Evrim and has granted to Evrim, per the original 2014 option agreements, a 2% net smelter royalty in the case of the Ermitaño project and a 1.5% NSR in the case of the Cumobabi project.
Jose Antonio Berlanga, Telsons Chief Executive Officer, stated, We are very saddened by this unfortunate and tragic event and send our condolences and sympathies to the family of the deceased; the thoughts and prayers of Telsons Board of Directors and Management are with his family, friends and coworkers during this unfortunate time. We are and will continue providing as much support to the deceaseds family as possible.
Prospero Silver Corp. is pleased to provide results for drilling of its Buenavista project in northwest Durango State, Mexico. Eleven holes, totaling 2,811m of core drilling, were completed. The drilling at Buenavista was the fourth project to be drilled under the terms of a second round of strategic investment from Fortuna Silver Mines, Inc.
The incoming president said he did not intend to raise mining taxes in Latin America’s No. 2 economy, but would better distribute resources gathered under a 2014 mining law that created a tax for mining companies.
Aura Minerals Inc. is pleased to announce that it has filed the NI 43-101 Feasibility Study and Technical Report on the Aranzazu mine located in the State of Zacatecas, Mexico. The FS entitled Feasibility Study of the Re-Opening of the Aranzazu Mine, Zacatecas, Mexico was prepared by the Company in collaboration with engineering companies and specialized consultants.
Excellon Resources Inc. is pleased to announce the filing of an indepedent technical report for the Platosa Mine in Durango, Mexico, which has been prepared in accordance with National Instrument 43-101 with an effective date of March 31, 2018. A copy of the technical report is available on both SEDAR at www.sedar.com and the Companys website at www.excellonresources.com.
Sonora Lithium meterá al país en la carrera por el litio, un elemento vital para elaborar baterías de teléfonos celulares, computadoras y autos eléctricos. La compañía busca inversionistas.
“We have placed a high priority on achieving early production at El Dorado,” said Pierce Carson, Magellan’s CEO. “The drilled resource appears to be sufficient to support an underground mining operation for five years at a mining rate of 100 tonnes per day. We plan to truck the ore to the Company’s SDA Mill for processing.”
Recent sampling by Kootenay at Malé continues to return anomalous gold mineralization from old pits and hand-dug small trenches found on surface. Thirty-three samples taken during the past month returned gold values ranging from 0.05 to 36.0 gpt with nineteen samples producing values of greater than 1.0 gpt gold. Highlights from the latest sampling program include gold assays of 36.0, 25.5, 24.7 17.0 and 12.10 gpt.
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