Tag: Exploration and Development

Pan American Silver Corp. today announced that its Board of Directors has approved the investment of $112.4 million required to expand its Dolores mine in Chihuahua, Mexico, by adding a milling and pulp agglomeration circuit to improve silver and gold recoveries, as well as by developing an underground mine to extract mineral resources that exist beneath and to the south of the ultimate open pit.

Sampling of underground mine workings confirms extensive zones of copper and gold/silver mineralisation, including:105m @ 0.30% Cu and 45m @ 0.79% Cu from La Morita, and
42.5m @ 1.07g/t AuEq and 18.85m @ 1.25g/t AuEq from San Simon

Defiance Silver Corp., an emerging silver explorer currently advancing the past producing San Acacio mine in Zacatecas, Mexico, is pleased to announce that it has raised $1,007,510 through the issuance of 10,075,100 units at $0.10…

SilverCrest Mines Inc. is pleased to announce initial results of its accelerated underground exploration of the El Cholugo Zone located immediately adjacent to the Main Mineralized Zone currently in production at the Santa Elena Mine, Sonora, Mexico. SilverCrest’s recently released technical report titled, “Update to Santa Elena Pre-Feasibility Study, Sonora, Mexico”, contemplated the exploration and development of El Cholugo in 2016. However, the high gold and silver grades over significant widths and lateral dimensions encountered underground has led the Company to accelerate exploration and development of the Zone with the view to its inclusion in this year’s (2015) mine plan.

Source Exploration Corp. is pleased to announce that initial step-out drilling at its Las Minas gold project has linked the flat dipping Eldorado/Juan Bran zone with earlier drilling completed in 2011 further south. The mineralized zone now extends approximately 650 metres down-dip.

Azure’s Managing Director, Tony Rovira, commented: “I am pleased to present this maiden JORC Mineral Resource for the Cascada deposit, which adds substantially to the resources already identified at Promontorio. I am confident that with the exploration being undertaken under the Earn-In and Joint Venture Agreement with Kennecott, more targets will be identified that could further increase the overall resource base of the Promontorio Project.”

San Marco Resources Inc. announces its recent field exploration program at the 100% owned Cuatro de Mayo Project in Sonora, Mexico resulted in the expansion of three previously-identified targets (Chunibas, Valle and Oregano) and the identification of two new targets (Tabacote and Chinos).

Candente Gold Corp. advises that the Company has commenced leach extraction testwork at McClelland Laboratories, Inc. in Sparks, Nevada for Candente Gold’s Mexico Mine Tailings Recovery Operation located in El Oro, Mexico.

GoGold Resources Inc. is pleased to announce that it has drilled numerous high grade gold drill holes in the proposed open pit zones at its Santa Gertrudis Gold Mine located in Sonora state Mexico. The company is continuing to advance Santa Gertrudis to reestablish production. The drilling was designed to confirm historic mineralization and to test targets in the immediate vicinity of the open pit resource in the Pre-Economic Assessment…

The mining industry is often portrayed in the media as being inherently destructive and having little regard for local communities and their environment.