Silver Bull Resources, Inc. is pleased to announce the appointment of Christopher Richards as Chief Financial Officer effective September 28, 2020, replacing Sean Fallis in that role.
“The presence of three styles of mineralization: (1) disseminated or massive sulphide-style mineralization adjacent to (2) the structurally controlled Pb-Zn-Ag-Au hydrothermal breccia and (3) high-grade Au-Ag low sulphidation mineralization, reinforces the potential for large-scale mining at Plomosas, in areas consisting of underground development completed by previous operators.”
Mexus’ ball mill gravity recovery system is nearing completion and is expected to be operational by October 15th. This system will add value to the already existing heap leach gold recovery process. The company will continue to review all options at both the Santa Elena project and the company’s Mabel property.
The Company’s legal advisors are of the view that the Federal Court’s decision was not arrived following regular procedures, was undertaken hastily, and did not provide opportunity for the presentation of evidence from PEM. In addition, the decision is inconsistent with previous legal precedents and violates the Federal Mexican Constitution. The Company continues to assess all of its legal options, both domestic and international including under the North American Free Trade Agreement, and will make additional updates, when necessary, on its legal plan of action.
“Europa-Guadalupe is just one of many newly identified mineralized veins discovered through our Phase I drilling and we are simultaneously drilling the Promontorio vein. Initial Promontorio results will be released shortly.”
The exploration/drill program includes up to 10,000 metres of core drilling in 20 to 25 holes which will focus on the development of mineral resources on the east side of the Cerro through step-out drilling from previously identified high-grade, strongly silver-enriched mineralization in the Mina La Bocona and South Skarn target areas.
“The review of prior exploration reports and drill results from 2010-2013, identified 8 targets for potential satellite mineralization around the main Bilbao deposit, two of which stand out with high grade silver potential and therefore merit drilling, especially with the much improved outlook for silver prices, approaching the US$30 per ounce level used in the 2014 RPM PEA.”
Advance Gold Corp. has granted stock options to its directors, key employees and consultants entitling them to purchase, in total, up to 2,000,000 shares over a five-year term expiring September 23, 2025 at an exercise price of $0.12 per share.
Un tribunal federal anuló hoy el criterio del SAT que, durante cinco años, permitió a una minera canadiense vender plata a precios inferiores a los del mercado y así pagar menos impuestos en México.
Inomin received $100,000 cash and 500,000 shares of Maritime as a second year anniversary payment.
Mexico Mining Center © 2021 / All Rights Reserved
