The gold and silver mine is in Cieneguita in the municipality of Urique. Aerial photographs provided by the state government show a white residue coating a long winding course through the mountains. Video captured at the scene showed a thunderous torrent of water rushing down a steep mountainside.
N. Eric Fier, CEO, stated: Pierre brings a wealth of technical and corporate expertise from a 34-year career with emphasis on mine construction and mineral processing. His success on technical and corporate matters further enhances our current Board. As the Companys exploration and development progresses at the Las Chispas Project in Mexico, Mr. Beaudoins skill set in project development, design and construction will be a critical complement for continued success.
“Since Hole 7 confirmed that high-grade silver mineralization is present in virgin veins outside of the historically mined areas at Alamos, we have focused our exploration on discovering and sampling more such veins farther afield in the district,” stated Darrell Rader, President and CEO of Minaurum. “We are excited to find three new veins carrying high silver grades in our newly acquired claims and continue to seek others throughout our project. While we wait for permits for an aggressively expanded drill program, we look forward to updating the market with our ongoing exploration results.”
Argonaut Gold Inc. (TSX: AR) reports that the Judiciary court hearing with respect to the Companys explosives permit for its La Colorada mine has been postponed and is awaiting imminent court scheduling.
Goldplay Exploration Ltd. (TSXV: GPLY) is pleased to provide a summary and additional results of the surface trenching program at the El Habal Property in Sinaloa, Mexico. The results to date have identified oxidized gold mineralization on the surface along a 1000 meter-long mineralized zone. Additionally, the results of recent trenching at the Octavio target support opportunities to continue exploration along the mineralized zone to the east.
San Marco Resources Inc. (SMN: TSX-V) is pleased to announce approval of all matters at the Companys Annual General Meeting held June 1st, 2018, including the re-election of all current directors for the ensuing year. In addition San Marco announces that Christian Grijalva, B.Sc. has been appointed as the CEO of the Company; he previously was the Companys Vice President. Tookie Angus and Robert Willis have been appointed as Co-Chairmen of the Board of Directors. All appointments were effective June 1, 2018.
“We are extremely pleased with our recent drilling success in the MNFWZ at Cozamin,” said Brad Mercer, Senior Vice President of Exploration at Capstone. “This new resource estimate, the culmination of over a year of intensive drilling, nearly triples the ore tonnes and doubles the contained copper in the MNFWZ M&I classification.”
A total of 130,767,844 common shares were represented at the meeting, being 80.02% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the re-appointment of PricewaterhouseCoopers as auditors for the ensuing year, and the election of management’s nominees as directors.
“Nos gustaría expresar nuestro agradecimiento a las autoridades federales y del estado de Chihuahua en México por su apoyo y rápido despliegue de recursos para asegurar los caminos de acceso a nuestra mina Dolores y continuaremos trabajando estrechamente con ellos a medida que avanzamos”, afirmó Michael Steinmann, presidente y director ejecutivo de la Compañía.
Monarca Minerals Inc. (TSXV: MMN) reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued support. The Board of Directors has appointed Mr. Carlos Espinosa as CEO and he will remain as President and Director.
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