Tag: Exploration and Development

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “This is our second project near Ojocaliente. Venaditas is approximately 11km to the west of our Tabasquena silver mine. It is also a ‘shadows of a headframe project’ as it is adjacent to Teck’s San Nicholas. Also, in the immediate area is Milagros and El Coronel mines, all of the mines in the area are hosted in the Tertiary andesites. What stands out to me about Venaditas, is twofold, there are two geological structures that come together at Venaditas, below this structural intersection is a large geophysical anomaly. This project is close to being drill ready and we should have updates shortly on drilling this high quality exploration project.”

Colibri Resource Corporation (CBI: TSX-V) is pleased to provide an update on its Phase 1 drilling of its 2018 drilling program on its 100% owned Pilar Project in Sonora State Mexico and announces that it has completed drilling of 5 of the approximately 30 hole drill program. To date, 266 samples have been sent to ALS labs for assaying.

Golden Minerals Company (NYSE American:AUMN) (TSX:AUMN) is pleased to announce the filing on SEDAR of a Technical Report for its El Quevar silver project entitled “NI 43-101 Technical Report on Updated Mineral Resource Estimate” in Salta Province, Argentina. The Report dated February 26, 2018 was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by the independent firm of Amec Foster Wheeler E&C Services, Inc.

Harvest Gold’s President and CEO Rick Mark states: “We are very pleased to have received the drill permits for our initial drill program at Cerro Cascaron. I would like to thank our shareholders for their patience, as we did expect the permits to be awarded earlier in the year, but now look forward to working with our Joint Venture partner Evrim Resources Corp. (EVM: TSXV) to get our first drill campaign started as soon as possible.”

“These new results build on the previous trenching to define consistent outcropping mineralization extending over 106 metres by 263 metres in trenches 1 and 4” said Charles Funk, VP of New Opportunities and Exploration. “This area of mineralization, the new evidence of bonanza grades and the resistivity targets in a project at such an early stage indicates tremendous potential at Cuale. Evrim will proceed immediately with drill permitting, additional geophysics and exploration with a view to drilling the property in the coming months.”

Como resultado de un litigio de 9 años por discriminación laboral de género cometido por la empresa canadiense Alamos Gold Inc. La Junta Federal de Conciliación y Arbitraje en Hermosillo condenó a pagar 48.7 millones de pesos a favor de la ex directora de recursos humanos de esa minera, cuyo fallo fue confirmado por el Tercer Tribunal Colegiado del Poder Judicial de la Federación.

El abogado Osvaldo Contreras explicó en el espacio informativo de Vigilia Sonora que el juicio de amparo se interpuso en contra del permiso de compra, almacenamiento, y consumo de explosivos en la industria de la minería expedido por la Secretaría de la Defensa Nacional (Sedena).

Referente a la conferencia de prensa que realizó el Movimiento Civil Chalchihuites el pasado 5 de abril, queremos informar que se emitieron declaraciones falsas e imprecisas acerca de la Unidad Del Toro.

Argonaut Gold Inc. (TSX: AR) reports that its wholly-owned subsidiary that owns the La Colorada mine has had its permit for the use of explosives at the site temporarily suspended as a result of a pending legal action brought by four individuals against the Secretary of National Defense (“SEDENA”) and the Municipality of La Colorada. Activities at site continue unaffected due to the availability of blasted and stockpiled material adequate to allow for operations to continue normally. Stockpiles are sufficient that operations will continue normally through at least April 16, 2018, at which time there is a hearing scheduled where Argonaut hopes to resolve the issue.

Thomas Atkins, President and CEO of Mammoth commented on the drill results stating: “We’re very pleased with these two holes to have intersected gold mineralization in the Los Carneritos area almost one kilometer to the east of any prior drilling on the property and to have extended mineralization by at least 100 metres to the west of prior drilling in the Masuparia area.