Following the fire that devastated Notre-Dame de Paris, a world heritage masterpiece, on 15 April 2019, ArcelorMittal, the global steel company with a major manufacturing presence in France, wishes to support the reconstruction of the cathedral, ArcelorMittal said in a statement.
Pierre Beaudoin, COO, noted, These impressive metallurgical test results confirm our gold metal recoveries and improve upon our silver metal recoveries at Las Chispas utilizing composites covering most of the current resource. These new positive results show 94.0% to 96.5% for estimated AgEq recoveries, including 36.7% to 40.2% from gravity concentrate recoveries, suggesting meaningful upside potential on the overall assumptions for the projects economics.
Our initial two holes confirm the results from historical RC drilling programs are reliable as well as providing high quality geological, assay and geochemical information on the mineralized halo surrounding the historical high grade ore shoots. The next phase of the core drilling will be focused on following the high grade ore shoot down dip below the historical RC drilling, stated Brad Langille, President and CEO.
?Kootenay Silver Inc. is pleased to report that Aztec Minerals Corp. today announced interpretation of the recently completed airborne magnetic and radiometric survey data has interpreted multiple high-quality undrilled porphyry gold-copper targets on the Cervantes property in Sonora, Mexico.
Goldplay President and CEO Marcio Fonseca commented, Over the past months Goldplay has actively explored the 1,250 ha of the San Marcial concession with soil, rock chip and channel sampling, identifying and testing targets that will add value to the San Marcial silver resource, by expanding or discovering new mineralized zones. High grade gold results with visible (panned) gold from epithermal quartz veins within artisanal tunnels in the Nava Zone provide encouragement for a gold mineralized low sulphidation epithermal system, just 1.5 km west of the high-grade hydrothermal breccia-hosted silver resource. The new Nava Zone gold discovery suggests that the San Marcial Project has potential to be a significant multi-commodity play, with proven occurrence of gold and silver mineralization together with series of old artisanal mine workings on the Faisanes Nava Corridor. We are focused on additional sampling and trenching at Nava to define the extent and geometry of the gold mineralization, on surface, and identify targets to follow up with drilling.
Joey Wilkins, President and CEO, commented, We are very pleased to see the airborne geophysical survey at Cervantes successfully identified 11 prospective porphyry target areas, including several newly discovered high-quality targets. Pronounced northeast-southwest trends are enhanced in the new geophysical datasets in addition to clear northwest-southeast trends we believe are important mineralizing controls. We plan to follow up each prospect area with more detailed mapping, sampling and surveying to better define targets for drilling.
Almaden Minerals Ltd. and its 100% owned Mexican subsidiary has learned that a lower court in Puebla State has ruled that Mexicos mineral title system is unconstitutional because consultation is not required before the granting of mineral title. The lawsuit was filed against the Mexican government regarding claims originally held by Almaden which covered a large area including the Ixtaca deposit. This ruling can be appealed by both the Government of Mexico and Almaden. The Company believes that this lawsuit is part of a broad effort by special interest groups to change the mining law and there are other similar actions active across Mexico.
Radius Gold Inc. is pleased to announce that drilling has commenced at Radius's high-grade gold-silver Amalia Project located in Chihuahua, Mexico. The drill program is operated by Radius and funded by Pan American Silver, under a joint venture agreement. Radius plans to follow-up on exceptional high grade results from drilling last year. Radius's initial nine-hole drill program at Amalia intersected high-grade mineralization in the San Pedro structural zone with the last and deepest hole (AMD18-009) intersecting 26m at 7.08g/t Au and 517 g/t Ag, including 5m at 14.71 g/t Au and 1378 g/t Ag.