Tag: Exploration and Development

Kootenay President and CEO James McDonald states, “We are very pleased to launch the first phase of our 2018 drill program on La Cigarra. Our recent successes identifying two new silver discoveries (RAM and Las Venadas) and multiple new priority targets, along with the identification of a potential new emerging gold trend, clearly underscores La Cigarra’s immense potential within one of Mexico’s premier mining districts.”

Riverside’s President and CEO, John-Mark Staude, stated: “Our drilling at the Puerto El Alamo target with partner Centerra explored for low-angle shear structures similar in nature to those controlling the El Chanate and other multi-million ounce gold deposits in Sonora. We are disappointed given all of the positive geologic and geochemical indications that we did not hit a gold-rich structure, but we still believe the project holds excellent exploration potential. We look forward to further exploring the San Pedro and La Joya targets where there is remaining gold discovery potential. We are pleased to continue working with Centerra as a partner and hope to add additional land tenure in the coming months.”

Azure is currently designing a drilling program to follow-up these positive results by testing for along-strike and down-dip extensions and the depth potential of the high-grade gold and cobalt mineralisation. Preparation of the required environmental applications is in progress.

Kenneth MacLeod, President and CEO of Sonoro commented, “I have had the privilege of being a close friend of Gary for over 30 years and all of the directors and staff at Sonoro forged close bonds with Gary over many years of working together in Mexico and Canada. Gary’s enthusiastic leadership and dedication have been a constant source of inspiration for the entire Sonoro team. We are greatly saddened by Gary’s passing and offer our condolences to his family as they celebrate his life and mourn his passing.”

The Board of Directors of Ethos Gold Corp. today announces, with great sadness, the sudden death of its founder, President and Chief Executive Officer, Gary Freeman.

Jose Garcia, CEO of AIVN, stated, “We are thrilled to announce that American International Ventures, Inc. has the exclusivity to promote and negotiate for the sale of the Solidaridad Project to any mining company. Also, we are contacting mining companies that may be interested in a joint venture with AIVN in developing the project.”

Oposura East Zone Resource Drilling Completed. Rock-chips up to 8.3% lead and 2.3% zinc discovered outside of the resource area indicate further upside potential to the north

Consolidated Zinc Limited is pleased to provide an update of the latest extensional and infill resource definition drilling campaign that recommenced on 27 November, 2017 at Plomosas mine in Mexico.

Antonio Berlanga, CEO of Telson, states “We are thrilled to have realized the first successful US $4.8 million sales of lead and zinc concentrates produced during our 2017 initial startup testing phase of the Campo Morado mineral processing facility as we work through the mill recommissioning process. Considering we only completed the acquisition of the Campo Morado mine in June 2017, we believe our mining and mineral processing teams have done an exceptional job in recommissioning and tuning up the mill and related facilities. The startup process has proceeded exactly as we envisioned and we appreciate the support of the local communities and governments in this effort…”

“Our strategy of investing in exploration continues to add value, with considerable exploration success this year, including the record silver, gold and lead reserves announced last week,” said Phillips S. Baker, Jr., President and CEO. “This past quarter was no different than the full year. We continue to expand the polymetallic mineralization at San Sebastian, so much so that we expect to take a bulk sample this year. At Casa Berardi, our exploration continues to confirm the high expectations we had when we acquired it, with expansions of planned pits and discovery of new open pitable material as well as new high-grade lenses underground. Finally, drilling at Greens Creek discovered high-grade mineralization in the central part of the mine that could enhance Greens Creek’s already exceptional mine economics and mine life.”