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Minera Alamos Announces Positive Preliminary Economic Assessment for the La Fortuna Gold Project with After-Tax IRR of 93%

August 16, 2018 Go to Location

"With an after-tax Internal Rate of Return in excess of 90%, today's excellent PEA results confirm that the La Fortuna Project provides a robust base for the next phase of gold production in the Company's growth pipeline," commented Darren Koningen, Chief Executive Officer. "The simplified gold recovery process outlined in the study represents a conservative starting point that is well suited to the initial project resource which, to date, has been based exclusively on previously drilled mineralization."

Goldplay Announces Significant Silver Values of up to 1,285 gpt AgEq Over 1.5 Meter Intersection from Sampling Program on Historical Core, Supporting the High-Grade Nature of the San Marcial Project, and Upside Potential for Resource Expansion

August 16, 2018 Go to Location

Goldplay President and CEO Marcio Fonseca commented, "Goldplay's systematic sampling of 22 existing core drill holes (previously only partially sampled) is aimed at expanding resources and delineating mineralized zones to support a high-grade bulk mineable open pit target at the San Marcial Project. We also expect to complete a detailed 3D geological and silver mineralization model. The core reviewed to date reveals a structurally controlled mineralized system, with silver mineralization associated with significant concentrations of lead, zinc and gold, hosted by hydrothermal breccias and fault zones."

Sable Resources Receives Drill Permit for Don Julio

August 16, 2018

Sable Resources Ltd is pleased to inform that the company has received all necessary permitting required to drill the Don Julio High-Sulphidation Gold Project located in San Juan Province, Argentina. Don Julio contains the first 5 targets of 15 identified in the 35,000ha San Juan Regional exploration program. Sable has engaged a civil engineering consultancy to assist with road and drill platform design and has conducted site visits with several drilling companies experienced in Andean projects. Road and drill platform construction is scheduled to begin following the end of the southern hemisphere winter in September 2018 with drilling to begin in October 2018. Drilling will target mineralisation at depth below the 2 by 2km Esperanza and 2km by 500m Heaven Hill gold anomalies. Don Julio will be the second project drilled by Sable this year after the recent Margarita discovery in Mexico.

Oroco Acquires Santo Tomas Data

August 15, 2018 Go to Location

Oroco Resource Corp. purchase from John C. Thornton, former Vice-President - Engineering of Mintec, Inc., historical technical information and data related to the Santo Tomas mineral deposit. Prepared by E.L. Bateman Engineering Company, Mountain States Research & Development International Inc., Mintec, Inc. and John Thornton, the data includes drill hole assays and associated interpreted sections, drilling, composite and digital models and reports dated from 1992 to 2011. Mr. Thornton and Mintec, Inc. have maintained custodial status of the data throughout that period and until present day.

Kootenay Silver Reports Exploration Results At Malé Gold Project, Sonora State Mexico

August 15, 2018

Sampling Highlights Include 260 gpt Gold, 328 gpt Silver, 3% Lead and 2.6% Zinc. Prospecting by the Company on Malé has outlined numerous zones of anomalous gold mineralization. Of the 426 predominately grab samples taken by Kootenay from old pits and hand-dug small trenches, thirty samples analyzed gold values greater than 10 g/t, highlighted by individual samples returning 260.0 gpt, 85.5 gpt, 81.2 gpt and 53.4 gpt gold.

Silver Viper Mobilizes Drill to La Virginia Gold-Silver Project, Sonora, Mexico

August 14, 2018 Go to Location

Silver Viper’s President and CEO Steve Cope states, “We are very excited to begin our first phase drilling program on the La Virginia Project. This asset has produced some fantastic results in the past and we look forward to continuing on that success. There is the potential here to both grow the existing mineralized zones, as well as the potential for new discoveries.”

Sable Intersects 461.4g/t AgEq over 14.05m including 859.5g/t AgEq over 2.0m

August 14, 2018 Go to Location

"The 14m intercept in drillhole M-DDH-18-08 represents our widest intersection to date with consistent average grades in excess of 400 grams per tonne silver equivalent", commented Ruben Padilla, VP Exploration of Sable Resources. "We are also greatly encouraged by gold values in these holes up to 3g/t coincident with high base metal values with zinc to 4.5% and lead to 2.4%. Sable now has five holes into the Margarita structure with a weighted average grade of 420g/t AgEq over an average width of 8.6m, and a confirmed strike length of 500m down to 80m depth from surface."

Magellan Acquires El Dorado Gold-Silver Property, Nayarit State, Mexico

August 13, 2018

"Drilled resources at El Dorado appear to represent a readily available source of feed for our SDA Mill," said Pierce Carson, Magellan's CEO. "If confirmed these resources could supply ore to the mill for approximately five years at a mining rate of 100 tonnes per day. In addition, the geology is prospective for extensions of mineralization and for new discoveries. Acquisition of El Dorado is a key step in our strategy of initiating and then increasing production through the mill," Carson continued. "To achieve these objectives, we are considering all financing options, including joint development with a suitable partner."

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