Tag: Exploration and Development

Kootenay Silver Inc. is pleased to announce that it has acquired the Mecatona Property by staking of 2,857 hectares in the Parral Silver Mining District, located south of the City of Parral in Chihuahua State, Mexico and southeast of the Company’s flagship La Cigarra Project.

“We believe the days of diesel use for underground mining equipment are numbered and electrification of our mobile fleet is a logical way to significantly reduce the mine’s environmental footprint,” said David Garofalo, Goldcorp’s President and CEO. “We are partnering with like-minded technology suppliers like Maclean Engineering and Sandvik, provincial and federal governments and First Nations to commercialize clean technologies, improve health and safety performance, and reduce GHG emissions with the aim of improving the viability, sustainability and profitability of our mines. It’s gratifying to see multiple levels of government support innovation and our vision of a safer, greener mining industry.”

“Manto Negro is a district-scale opportunity with high grade copper and silver. We are currently drilling just two of the best exposed showings but have multiple targets to consider”, said Michael McPhie, President and CEO of Prize Mining. “Bringing on a group like Stantec to implement a GIS is intended to help us gain a better understanding of the key geological controls to define future drill targets and build a copper resource on the property.”

Mexus Gold US the necessary steps to begin drilling at the Santa Elena mine. The completion of permitting and contracts will allow the company to begin phase 1 of its drilling program by November 1st, 2018. Mexus anticipates that the initial drilling program will be completed by December 1st, 2018. In addition, the company will have obtained all the necessary information required to begin working on a 43/101 report by year end. Mexus will release drill results as they are obtained.

Mining commenced at Plomosas Mine for total capital cost of US$275,000

Toll treatment and offtake agreements executed with Grupo Mexico

Bankable Feasibility Study Completed

Marlin Gold Mining Ltd. is providing an update on Hurricane Willa, which made landfall on Mexico’s Pacific coast as a Category 3 on Tuesday evening and crossed over the Company’s wholly owned La Trinidad gold mine in Sinaloa, Mexico early Wednesday morning.

Fred Stanford, President & CEO of Torex stated: “Media Luna is our next planned growth project and it is being advanced on a number of fronts. One of those fronts was the recently refreshed PEA, which illustrated an after-tax IRR of 27% using conventional mining technologies and 46% utilizing the proprietary, but untested, Muckahi Mining System1. Engineering optimization work is ongoing after the publication of the PEA.