President and CEO, Arturo Bonillas stated: “Our geologic team headed up by Miguel Soto has made great strides in mapping and sampling our Mercedes property. Exciting drill targets have been delineated and Magna is moving forward on planning an IP geophysics program to be followed by drilling in 2020.”
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “We are very excited to drill this large chargeability anomaly as these kinds of targets are not easily found, especially in regions well known for big mines. What makes it particularly stand out is that the high chargeability is consistent from east to west on each survey line, and from line to line over the entire grid. One always has to be aware of possible false positives, such as the possibility of disseminated magnetite causing the chargeability anomaly. However, in this case there has been no magnetite found in the area and an historical magnetic geophysical survey by the Geological Survey of Mexico showed no magnetic anomaly.”
Alien Metals Ltd announces that all the resolutions proposed at the Company’s Annual General Meeting, which was held in London earlier today, were passed unanimously on a show of hands.
Goldplay Exploration Ltd. is pleased to announce that the Company has granted 1,370,000 stock options to directors, officers, and consultants of the company at an exercise price of $0.185 per option for a term of five years. Such options have been granted pursuant to the company’s 10-per-cent rolling stock option plan and are in accordance with TSX Venture Exchange policies.
Silver Viper’s President and CEO Steve Cope states, “We are excited to begin the phase two drill program at La Virginia. The results from phase one were very encouraging and we look forward to continuing on that success by both expanding on the discovery at El Rubi and testing the numerous anomalies in the surrounding area.”
Mexico Mining Center is pleased to invite you to our 5th edition of the Discoveries Mining Conference to be held April 28 – 30, 2020
“These results are very encouraging,” states Curtis Turner, CEO of Candelaria. “Our exploration programs continue to find high gold grades throughout the district. This recent in-fill drilling program is part of our near-term plans to develop Pinos Gold Project which aims to process up to 400 tonnes per day.”
Ian McGavney, Colibri’s COO states: “The conclusion of this deal is significant for Colibri as the Company can now firmly focus on advancing its highly prospective Evelyn and El Mezquite gold projects to drilling phases. Colibri will continue to hold a significant interest in Pilar by way of owning a material amount of Tocvan shares and not need to dilute its own share structure to appreciate its upside.”
Greg Davison, Director of Silver Spruce, “We continue to update the multi-element data received this week from the recent due diligence sampling, while building our GIS database with revised drill hole co-ordinates, and geophysical and geological information focusing on the next phase of the ground truthing program and developing priority drill targets”.
Mark Smethurst, a Director of Tocvan, commented: “This is one of the more exciting properties I’ve come across in my career. The Pilar property has the right features and system to allow for great potential in defining a multimillion-ounce property.”
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