“The San Antonio Project has completed stacking of 1.1 million tonnes of mineralized material on a heap leach pad with active leaching anticipated for the next 90 to 120 days. Management is currently evaluating its options for the project.”
“The five new drill holes extend a zone of mineralisation with silver and base metal grades considerably higher than the average grade in the mineral resource estimate for the Skarn deposit disclosed on September 14, 2022,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
“The resource estimate is being updated now in connection with our on-going work to secure project financing,” said Sonoro’s President and CEO, Kenneth MacLeod. “We continue to successfully proceed through the environmental permitting phase to facilitate our primary strategy of launching Cerro Caliche into production.”
Xali Gold Corp. is pleased to announce that it has increased its ownership in the SDA Plant in Western Mexico to 50% by issuing shares to Magellan Acquisition Corp.. In addition, the Company has started to receive advance Net Profits Interest payments from Sun River Gold for the El Oro Tailings Project in Mexico.
“Newmont delivered solid third quarter production of 1.5 million gold ounces as we build momentum for strong production in the fourth quarter. Newmont remains well-positioned to respond to the challenging market environment that our industry faces today.”
“We are using a geoscientific exploration approach that is continually working on the property. We have identified a number of very large geophysical anomalies (Figure 1) that tie in with large silica alternations that our initial drilling and geochemical sampling work show are coinciding with high-grade gold, silver and copper mineralization.”
Allen Palmiere, President and CEO said “The implementation of safety programs has been our top priority in 2021 and 2022 to address ground support and ventilation issues. The disciplined approach had an impact on production volumes, mine development and exploration. With that said, we are still on track to meet our 2022 guidance.”
Silverton Metals Corp. is pleased to announce that the board of directors of the Company has approved a change of the Company’s name to “Lodestar Battery Metals Corp.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb comments “As designed, surgical infill drilling at Plomosas continues to demonstrate attractive polymetallic grades in the main hydrothermal breccia, where nil grades had previously been assigned for unsampled areas in the August 2021 resource block model.”
Vice President of Exploration Rob Macdonald states: “Drilling over the last 15 months has helped confirm the projection and continuity of new mineralization between the Mina La Bocona and Skarn Front deposits. Work has now started on modelling the data which will be used in an updated Mineral Resource Estimate for the project with the results anticipated in Q1 2023.”
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