Fortuna Silver Mines Inc. is pleased to report that the Federal Attorney's Office for Environmental Protection (PROFEPA) has completed its investigation into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains. PROFEPAs final report confirms that the overflow did not contaminate soil, and therefore no remediation is required.
David F. Volkert, Vice President of Exploration, commented, "An important exploration priority at Fortuna is to continue adding to the longevity of our mines. During the third and fourth quarters of 2017 and throughout 2018, the Company drilled a total of 62,412 meters in 134 surface and underground diamond holes at the San Jose and Caylloma mines and at the Arizaro Project, located within the Lindero Project concession block in Argentina.
N. Eric Fier, CPG, P.Eng, and CEO, remarked, The Babi Sur Vein is now the sixth high-grade vein discovery in the Babicanora area, each parallel to the Babicanora Vein with an average spacing of 150 metres between each. This discovery provides further understanding of our evolving geological model, which we are using to successfully discover additional high-grade mineralization in the district. "
Fred Stanford, President and CEO of Torex stated: "These initial results illustrate the potential of the Morelos Property to continue to offer incremental ore sources to complement the production from the open pits, and potentially from Media Luna after the pits are mined out. ELD is above the sill, whereas Sub-Sill is below the sill. Both are accessed from the same underground infrastructure. ELD is where testing of the Muckahi Mining System will take place, starting this quarter."
Carlos Silva, Santacruzs COO stated, Production at Veta Grande is steadily improving as a result of increased mine development during the year leading to additional stopes coming online and less reliance on previously mined mineralized material (Chorros) as feed to the mill. The ongoing mine development at the Armados, Navidad and Garcia mines has positioned our Veta Grande operations for continued improvements in 2019.
Greg Crowe, President and CEO commented, The strength of the soil geochemical anomalies near to a historically defined, manto or replacement style silver resource, in combination with geophysical anomalies strongly highlights Peñasco Quemado as a highly prospective drill target. The property hosts geological similarities to the silver-manganese oxide and zinc-lead-silver sulphide mineralization at the Hermosa and Taylor projects located just over 100 kilometres to the north in Arizona. These properties are currently being evaluated by South 32 acquired through the takeover of Arizona Mining in August 2018.
Candente Gold Corp. is pleased to advise that exploration has begun on near surface targets on the El Oro property. Local geologists will be mapping and sampling to identify potential shallow trench and drill targets.
Los robos de minerales no son algo desconocido en México. En 2015, hombres armados robaron concentrado de oro con un valor estimado de 8.5 millones de dólares de una mina en el estado norteño de Sinaloa. Y Codelco, una empresa minera de cobre de Chile, descubrió un mecanismo similar al de Telson, pero a una escala mucho mayor que pareció haber robado toneladas de concentrado durante años.