Tag: Exploration and Development

Goldplay Exploration Ltd. (TSXV: GPLY) is pleased to provide a summary and additional results of the surface trenching program at the El Habal Property in Sinaloa, Mexico. The results to date have identified oxidized gold mineralization on the surface along a 1000 meter-long mineralized zone. Additionally, the results of recent trenching at the Octavio target support opportunities to continue exploration along the mineralized zone to the east.

“We are extremely pleased with our recent drilling success in the MNFWZ at Cozamin,” said Brad Mercer, Senior Vice President of Exploration at Capstone. “This new resource estimate, the culmination of over a year of intensive drilling, nearly triples the ore tonnes and doubles the contained copper in the MNFWZ M&I classification.”

“Nos gustaría expresar nuestro agradecimiento a las autoridades federales y del estado de Chihuahua en México por su apoyo y rápido despliegue de recursos para asegurar los caminos de acceso a nuestra mina Dolores y continuaremos trabajando estrechamente con ellos a medida que avanzamos”, afirmó Michael Steinmann, presidente y director ejecutivo de la Compañía.

CEO John Lawrence said “We are excited to start the shakedown of the Los Juarez pilot plant in Q4 2018 and to continue construction of the 400-ton mill. We expect to announce our progress on several additional strategic and financial opportunities that do not involve dilution of any kind.”

“This deal continues us on our path towards establishing a strong presence in the Oaxaca region of Mexico,” said Dusan Berka, CEO of Megastar Development. “Coupled with our earlier announced deal, Megastar has put together a strong portfolio of prospective exploration assets situated in between two currently producing mines. As well, working with David Jones, a geologist with a long history of success in Mexico, gives us a strong technical base upon which to commence our activities down there.”

“We would like to express our gratitude to the Federal and Chihuahua State authorities in Mexico for their support and rapid deployment of resources to secure the access roads to our Dolores mine, and we will continue to work closely with them as we move forward,” said Michael Steinmann, President and Chief Executive Officer of the Company.

Bacanora Lithium plc, the London listed lithium exploration and development company, is pleased to provide a positive update on the ongoing development of its Sonora Lithium Project in Mexico as it prepares to commence construction of a fully integrated lithium carbonate operation, beginning with Stage 1 construction of a 17,500 tpa plant before upgrading to 35,000 tpa via a planned Stage 2 expansion project.

Como parte de las actividades que integran el programa de la Reunión Internacional de Minería 2018, con sede en Zacatecas, la Asociación de Ingenieros de Minas Metalurgistas y Geólogos de México (AIMMGM) puso a disposición de la población estudiantil de la Universidad Autónoma de Zacatecas (UAZ), los centros dinámicos de simulación virtual para conocer los trabajos en minas.

Auxico Resources Canada Inc. (CSE:AUAG) is pleased to announce that the Company has discovered three historical mines containing unrecognized shafts and pits located along the Zamora Vein, including the La Campeona mine, which returned 30 cm of 10.1 g/t gold and 941.7 g/t silver. These discoveries extend the Zamora Vein and the parallel El Obatel Vein over a strike length of at least 800 metres. The Zamora Silver-Gold Property located in Sinaloa, Mexico, and is 100% owned by Auxico Resources Canada.

J.D. Poliquin, chairman of Almaden stated, “These further results demonstrate the potential for an important new mineralised zone well outside of the PFS pit and resource area. These results also show the potential for further discoveries within the project area and for the Ixtaca mine plan to grow with continued exploration. Ongoing drilling will continue to seek more such zones even as the engineering work and the Feasibility Study progress.”