Azure Minerals Limited is pleased to report that preparations for its first drilling program on the Oposura zinc-lead-silver project are complete and drilling will commence as soon as the Company has received the requisite permits, expected in early to mid-October.
El director del Clúster Minero de Zacatecas, Alberto Mendoza Almanza, sostuvo que no dará ninguna postura con respecto al desplazamiento que sufren empresarios locales por parte de la empresa Minera Fresnillo PLC para dar cabida a empresas foráneas, ya que se lo impiden los estatutos.
We are very pleased and would like thank our shareholders, insiders and management in participating and securing the funds to advance the San Acacio Silver Deposit in becoming a premier silver asset in Zacatecas, Mexico said Roy Bonnell, CEO of Defiance Silver. With long term drill permits in place, we can look to commence our next phase of drilling to continue to grow the resource, but also test several targets along the 900m strike extension to the southeast
Neil Woodyer, CEO stated The OTCQX platform will provide our growing shareholder base with increased visibility and transparency by facilitating trading of our common shares in the United States. While our primary listing is on the Toronto Stock Exchange in Canada, we appreciate that some investors prefer to trade in U.S. dollars on the OTCQX market.
Brian Robertson, President and CEO, stated, This initial technical report marks a milestone for the Company. It supports the Companys position that the Las Minas property has the potential to host significant tonnage amenable to both open pit and underground mining methods. Both magnetic and Time Domain Electromagnetic surveys are currently underway at the property, to be followed by a 3,000 metre diamond drilling program to expand the current resource as well as test new zones of mineralization. We look forward to the successful continuation of our exploration program at Las Minas.
Golden Minerals President and Chief Executive Officer Warren M. Rehn commented, We are dedicated to unlocking the full value of our existing resources and infrastructure in Mexico and Argentina. The drill program at Mogotes is a first test of an extensive altered area that shows signs of being a productive epithermal system hosted in volcanic rocks within a few kilometers of our existing mills at Velardena. Surface values from channel samples show strongly anomalous gold, arsenic and antimony values associated with hydrothermal breccia veins and silicification along a major fault structure.
Orex Minerals Inc. was made aware earlier today that Canasil Resources Inc. has been named in a lawsuit brought by Pan American Silver Corp. with the BC Supreme Court regarding the mineral claims making up the Sandra Escobar Project in Durango state, Mexico.
El fisco mexicano y empresas mineras de Canadá sostienen una mesa de diálogo para resolver el caso de 360 millones de dólares retenidos en devoluciones de impuestos a seis mineras canadienses que operan en México.
N. Eric Fier, CPG, P.Eng, President and CEO, remarked, Step out drilling along the strike of the Babicanora Vein has more than tripled our previously announced high-grade footprint. New high-grade drill intercepts confirm strong mineralization extending beyond the historic Babicanora workings. We have been able to trace the Babicanora Vein on surface for over three kilometres, but have drill-tested less than 20% of its known strike length. Based on continued success in the district, we plan to have up to six drills turning this fall, aiming to further expand high-grade mineralization along multiple veins in both the Babicanora and the Las Chispas areas. All of our current efforts are focused on a maiden resource announcement in early 2018.
Levon Resources Ltd. is pleased to announce the completion of the core drilling campaign at the Cordero Ag, Zn, Pb, Au discovery, 35 km north of Hidalgo del Parral, Chihuahua, Mexico, previously announced by the Company on May 15, 2017. Complete hole assays are pending and will be reported when the assays are received. A total of 5,655m of core in 18 infill core holes were drilled within the central part of the 2014 Cordero resource.
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