Torex Gold’s Media Luna Project is 87% complete, with the plant tie-in rescheduled to February 2025, allowing for first copper concentrate in Q1. This shift boosts 2024 gold production guidance to 450,000–470,000 ounces, leveraging an extra four weeks of production.
The accident involved a scooptram operating underground, and the individual fatally injured was the driver. There were no other injuries related to the accident.
Rodrigo Barbosa, President and CEO, stated, ”After important strategic moves with the sale of the Serrote project, the merger with Rio Novo, and the restart of our Aranzazu project, we also made strategic investments in exploration with positive results that we are pleased to announce.”
”Now that the federal project development permit approvals have been received we are excited to commence the drilling phase of our much anticipated 2019 Santana exploration program. The last year has allowed us to dramatically expand our geological understanding of the overall Santana project area and the new drill program should allow us to start to demonstrate its true potential.” stated Darren Koningen, CEO of Minera Alamos.
Telson Mining Corporation has decided to indefinitely curtail operations at its Campo Morado mine in Guerrero State, Mexico and place the mining project into care and maintenance.
Más de 5 mil trabajadores, propios y subcontratados, laboran por turnos las 24 horas de todos los días, incluidos sábados y domingos, en la mina a cielo abierto Peñasquito, para compensar la caída de la producción de oro, plata, cobre, plomo y zinc luego de 81 días de bloqueo en el complejo ubicado en el valle de Mazapil, en el norte de Zacatecas.
Kootenay President and CEO James McDonald states, ‘We are off to a successful start with our first six holes drilled at Columba verifying the F Vein is where expected and carrying high grade silver mineralization as high as 775 gpt silver. Drilling and detailed surface mapping confirms our belief the system is large and strong giving us added confidence in the chances of discovering a high-grade silver deposit.’
Commented Craig Roberts, P.Eng., President and CEO of Ethos: ‘We are very encouraged by the trench results that show dissemination of gold mineralization over significant intervals outside of the primary veins in the Purisima Vein Zone, and also by the new high-grade intervals identified in the Stockwork Zone. We will use these results to plan our fully permitted maiden drill program of approximately 15 RC holes which we intend to commence shortly.’
Goldplay President and CEO Marcio Fonseca commented, ‘We are extremely pleased by the channel sample results from trench SMtr-022 as they indicate the potential for expanding the resource into the Guacamayo target to the SE of the San Marcial NI 43-101 silver resource area. Wide mineralization on surface, including high grade silver up to 1m at 974 g/t Ag, provides further encouragement for potentially expand the resource. ‘
Bradford Cooke, Endeavour Director and CEO, commented, ‘We continue to be encouraged by our positive exploration results at Bolanitos. Recent drilling has extended high grade silver-gold mineralizaiton in both the Plateros and San Miguel veins, which should help to replace reserves, increase resources and extend the mine life at Bolanitos.’
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