‘With almost 90% of the 10,000-meter drill program completed, we are pleased to report that the objectives of the technical program at Cerro Caliche have been accomplished,’ said Kenneth MacLeod, President and CEO. ‘Most critically, the program continues to outline shallow low-grade bulk tonnage gold mineralized zones with gold grades and intervals similar to operating heap leach mines in the region.’
‘This years exploration efforts at Switchback continue to impress with significant vein expansions along both strike and up-dip,’ stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. ‘Our recent focus has been on the northern extension of the Switchback veins system where the main Soledad vein appears to be splitting into two distinct mineralized structures. Exploration goals for the remainder of the year are to continue to test these northern extensions of this growing system, both along strike and up-dip at higher elevations, as well as infill drilling to upgrade mineralized material to proven and probable reserves.’
Radius Gold Inc. is pleased to report on progress of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius has now completed drilling of 6 diamond holes AMDD19-010 to AMDD19-015 totalling 1743m with assays returned for 3 holes (010, 011, 012). New results include Hole 012 which assayed 5m at 647 g/t Ag, intersected 50m below the phase one Hole 008 (5m at 0.59 g/t Au and 571 g/t Ag).
La Unidad de Inteligencia Financiera (UIF) de la Secretaría de Hacienda bloqueó las cuentas de Emilio Lozoya, exdirector de Petróleos Mexicanos (Pemex), y de Altos Hornos de México (AHMSA), tras identificar en el sistema financiero nacional e internacional múltiples operaciones con recursos que presuntamente no proceden de actividades lícitas y que posiblemente sean resultado de actos de corrupción.
Pursuant to the option agreement dated September 25, 2018 and amended March 22, 2019 comprising the Qualifying Transaction, the Corporation has acquired from the Seller an option to acquire a 100% undivided interest in two mining claims located in the municipality of Yecora, Sonora, Mexico, for a four-year period. The Property consists of two contiguous claims covering an aggregate area of approximately 345 hectares is located approximately 250 kilometers east-southeast along the Federal Highway 16 from the state capital, Hermosillo.
Entre los principales proyectos mineros de México está la ampliación de la mina la Ciénega, ubicada en Durango y donde Fresnillo plc programó inversiones por 55 millones de dólares.
Galore Resources Inc. is pleased to announce that Minerales Galore S.A, De CV., Galores wholly owned Mexican subsidiary, signed an agreement with COMEFIN S DE RL DE CV of Mexico to immediately mobilize a drill core rig to complete a 2,500-meter diamond core drilling program at Galores 100% owned El Alamo project. The agreement also allows for an additional 1,500 meters of drilling at Galores 100% owned Los Gemelos project, where previous work has exposed narrow quartz and calcite veins containing visible gold.
PRIZE MINING CORPORATION is pleased to announce that, further to its news release of May 1, 2019, it has closed the first tranche of a non-brokered private placement of 25,200,000 common shares at a price of $0.025 per Share for gross proceeds of $630,000.
Fred Davidson, President & CEO of IMPACT, stated, “In Q1 2019, silver prices continued to be challenging with prices below $16 USD/ounce. In reaction to these persistent low metal prices, IMPACT has reduced tonnage and focused on higher grades which resulted in a 16% reduction in cost and a 23% decline in revenue during the quarter. Going forward given the current silver price environment, we aim to break even on existing production levels while metal prices remain depressed and explore selective high-grade targets which IMPACT may fast track to higher grade production.”
Representantes de Fresnillo plc organizaron la Feria de Seguridad, bajo el lema de “cero tolerancia” a los accidentes.
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