Tag: Exploration and Development

Chesapeake Commences Drilling on Yarely Project

Chesapeake Gold Corp has commenced a 5,000 metre diamond drill program at its wholly owned Yarely project located near the proposed El Paso (Metates) plant site in Sinaloa State, Mexico. Chesapeake controls a 68,000 contiguous hectare land position favorably situated near a paved highway, civil infrastructure and labour.

Fortuna provides Brownfields and Greenfields exploration update

David F. Volkert, Vice President of Exploration, commented: “Our exploration priority at Fortuna is adding to the longevity of our operations. Concurrently, we are populating the base of our exploration pyramid with new opportunities from our internal Brownfields and Greenfields reconnaissance programs and selected equity investments and option agreements as completed with Prospero Silver in Mexico and Medgold Resources in Serbia.”

Apoyo de búsqueda y rescate en México con brigadas de Endeavour Silver

La coordinación en el sitio se dio a través del sistema de comando unificado teniendo por comandante del incidente al Sr. Guido Sanchez Coello director ejecutivo del ERUM en México, teniendo contacto directo con la Coordinación Nacional de Protección Civil, Secretaria de la Defensa Nacional y la Secretaria de Marina Armada de México.

Telson Resources Receives Tahuehueto Project Construction Permit

“With the granting of this MIA, Telson is now fully permitted to build its planned Tahuehueto Mine and we intend to initiate construction of the mine immediately upon securing the necessary funding. Our funding efforts are at an advanced stage having received three separate offers from off-take concentrate purchasers and negotiations are in progress to finalize the project’s capital expenditure funding. While there can be no assurance that we will obtain the required funding, we are confident that we will be able to come to a satisfactory arrangement with an off-take purchaser” states Telson’s CEO, Antonio Berlanga.

Endeavour Silver Produces 1,262,064 oz Silver and 13,648 oz Gold (2.2 Million oz Silver Equivalents) in the Third Quarter, 2017

Endeavour CEO Bradford Cooke commented, “Third quarter production showed continued improvement over the second quarter production on a consolidated basis. Both Bolanitos and El Cubo are on track to meet or beat their operating plans for the year. Guanaceví’s performance is now rebounding with grades up in Q3 and our forecasted throughput up for Q4, targeting 1000 tpd by year-end.

Torex Signs Ejido Long Term Land Lease Agreement For Media Luna

Fred Stanford, President & CEO of Torex stated: “The signing of this 25-year land lease agreement achieves another important milestone along the path to the development of the Media Luna project. I commend the Ejido members and our community relations team for conducting productive negotiations that quickly delivered a mutually beneficial outcome. Now we can all look forward to the next stages of project development, and the tremendous potential this project offers to create value.”

Drilling Set to Kick-Off on New Azure Projects

– All approvals granted for diamond drilling at Oposura and Sara Alicia

– Drilling expected to start on both projects within a week

– Two drill rigs at Oposura will enable resource estimation in early 2018

– Sara Alicia drilling to test high-grade gold-cobalt mineralisation

TSXV Approves Prospero Silver Corp. Option To Own Agreement

Prospero Silver Corp. is pleased to announce that it has received final TSX Venture Exchange approval of the option to own agreement between the Company, its Mexican subsidiary Minera Fumarola, S. A. de C. V., and Exploraciones del Altiplano, S.A. de C.V. The Option Agreement provides the Company with an option to earn a 100% right, title and interest in and to Altiplano’s Buenavista claims located in Durango, Mexico, subject to the reservation by Altiplano of a 2% net smelter return royalty.

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