Tag: Exploration and Development

Radius Gold Inc. is pleased to announce results from the Company’s initial drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Five drill holes tested the Campamento – San Pedro structural corridor, intercepting gold mineralization in all holes with the deepest hole cutting 26m at 7.08g/t Au and 517 g/t Ag.

“We are very excited with the exploration drilling at the Arista Mine’s Switchback vein system as it continues to deliver impressive results,” stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. “Our exploration efforts extended the strike length and vertical extent of Switchback. In addition, the discovery of new, mineralized veins to the southwest of the Arista vein system speak to the expansion potential of this large epithermal vein system. It is too early to tell if these newly discovered veins are an extension of the Arista Vein system or if this a new parallel system to the southwest mirroring the Switchback and Arista Vein system. Either way this deposit continues to grow.”

Mexus Gold US announced that the first stage of exploration drilling has finished at the Santa Elena Project with 736 meters of core in 9 holes. The purpose of this initial drilling program is to study a major area of geologic interest where a high-grade gold quartz vein merges with a tectonic shear zone with gold/silver values.

“PLP was a major investment decision for Goldcorp and one of the first that went through our Goldcorp Investment Framework.” said David Garofalo, President and Chief Executive Officer of Goldcorp. “We are very pleased with the results in completing the project both ahead of budget and schedule. We are already moving forward with a post investment review where we can take our lessons learned to continue to improve our framework and overall capital allocation strategy.”

Luis Castro, Vice President, Exploration for Endeavour Silver, commented, “These step-out drill results have outlined several new mineralized areas and provided extensions to known areas, with potential for new resources to extend the mine life at Bolanitos. Specifically, San Miguel is a newly discovered vein to the North East, that is more extensive than previously recognized. Drilling has now wrapped up at Bolanitos for the year and a new resource estimate is expected in January.”

Minaurum Gold, Inc., is pleased to announce the first high grade gold discovery at the Alamos silver project in Mexico. The newly discovered Alessandra vein zone lies in the eastern part of the project, approximately 1 km southeast of the Ana zone. Alessandra measures more than 4 metres wide in surface exposures, and can be traced for 1.1 km, with a topographic linear suggesting it extends at least another 1 km to the south-west.

El Clúster Minero de Zacatecas (Clusmin) recibió en sus instalaciones -durante la sesión extraordinaria del mes de noviembre-, al próximo subsecretario de Minería de la Secretaría de Economía del Gobierno Federal, Luis Francisco Quiroga y a la senadora presidenta de la Comisión de Minería, Geovanna Bañuelos de la Torre, se informó en un comunicado.