Tag: Exploration and Development

Kootenay Silver Inc. is pleased to announce results from the final three holes of its Phase II drill program on the La Negra Diatreme Silver discovery on its Promontorio property in Sonora, Mexico. The final three holes of the program were designed to test variously La Negra’s northeastern extension, the western end, and another deep test of the diatreme breccia. High-grade intercepts were encountered in two of the three final holes expanding the extent of the mineralized breccia to the northeast and to depth…

Grupo México ha insistido en la “solvencia técnica y económica” de la empresa y de su proyecto minero para Aznalcóllar, de forma que han apuntado que muestra de la capacidad financiera de la entidad, la sociedad creada para la ejecución de dicho proyecto, llamada ‘Minera Los Frailes’, cuenta ya a día de hoy con fondos propios libres por un importe de más de 93 millones de euros.

El proyecto minero de Grupo México en Arequipa, Perú, ha convertido a esa comunidad en una zona de disturbios que se han extendido a otras regiones del país. Las autoridades peruanas investigan el intento de soborno de líderes disidentes por parte de la filial del mexicano Germán Larrea, mientras que miles de ciudadanos han iniciado movilizaciones para llamar a la paz.

Australia miners will explore opportunities in Latin America during the ‘Latin America Down Under’ conference, on May 20 and 21 in Sydney, organizers said Monday.

The Korea Resources Corp., the state-run mineral resources developer, has been successfully producing copper at its processing plant in northwestern Mexico, company officials said Thursday.

Kootenay Silver Inc. is pleased to announce that it has entered into an option agreement through its wholly owned Mexican subsidiary, Minera J.M. with Oro de Altar a wholly owned Mexican subsidiary of AuRico Gold Inc. The option allows ODA to earn up to 100% interest in the San Diego property located in northern Sonora State, Mexico. The project is one of Kootenay’s Generative properties and was acquired by MJM in 2014 under an option agreement, giving MJM the right to acquire an undivided 100% interest.

BACANORA MINERALS LTD., the Canadian and London listed lithium and borates company focussed on Mexico, is pleased to announce that it has updated the Mineral Resource Estimate for its lithium properties, consisting of its 100 percent owned La Ventana lithium concessions, El Sauz and Fleur concessions which are held by Mexilit S.A. de C.V. and the Megalit concession, which is held by Megalit S.A de C.V Mexilit and Megalit are owned 70 percent by Bacanora and 30 percent by Rare Earth Minerals PLC. The MRE was carried out by SRK Consulting Limited, an independent consultant.

Almaden Minerals Ltd. announces that an independent NI 43-101 Technical Report, for its copper-gold El Cobre Project, Mexico, has been completed and filed on SEDAR. Almaden holds a 100% interest in the Project subject to a sliding scale royalty payable to a third party.

On Monday, Canada’s McEwen Mining announced that it is still on track to meet its annual gold production target despite an armed robbery of 6,350 ounces from its El Gallo mine in Mexico on April 7. The thieves, which the firm’s CEO implied had inside help, stole concentrate containing an estimated $8.5 million in gold.

”Prevaricación, cohecho, tráfico de influencias y negociación ilegal”. Ese el cóctel de presuntas ilegalidades que la magistrada de instrucción (jueza) Patricia Fernández investiga en la adjudicación de la explotación de la mina de Aznalcóllar en Sevilla, España. La concesión ha quedado paralizada por la juez de Instrucción número 3 de Sevilla ante la denuncia interpuesta por Emerita Resources, la otra empresa que optaba a la adjudicación.