Day: June 21, 2017

Harvest Gold Announces Start of Exploration Program at High Grade Gold/Silver Cerro Cascaron Project

Harvest Gold’s’ President and CEO Rick Mark states: “As we promised our shareholders we are now beginning our Phase 1 exploration program at Cerro Cascaron. I am impressed with the technical team’s attention to detail and their very specific objectives. We will provide regular updates as we prepare for a minimum 3,000 metre drill program at this highly prospective property the fall of 2017.”

MX Gold Corp. Accelerates Payment and Acquires 50% Share Ownership in Mexican Company Holding IDS Smelter Project

MX Gold Corp. is pleased to announce that, further to its February 13th and April 28th news releases, the Company has paid the remaining amounts due totaling US$450,000 to American Metal Mining S.A. de C.V. as required under the Framework Agreement dated February 6, 2017, as amended, thereby acquiring 50% of the shares of Inversiones Durango San Luis S.A. de C.V., a private Mexican corporation, that holds the IDS Project. As stated in the April 28, 2017 news release, the IDS Project consists of a past producing gold smelter, three acres of land situate around the smelter, and various equipment and permits associated therewith.

Torex Delivers Very High Grade Sub-Sill Ore to the Processing Plant

Fred Stanford, President & CEO of Torex stated: “Going from discovery to first tonnes processed in less than eight months is a testament to the planning ability and the execution skills of our team. The quality of the asset speaks for itself. Infill and step-out exploration drilling programs for the Sub-Sill are ongoing. A mine plan is expected to be published after the infill drill program is completed, the resource estimate is updated, and a maiden Sub-Sill reserve is determined. This is all scheduled to occur by the end of the year.”

Santacruz Silver Announces Agreement to Consolidate 100% Ownership of the Veta Grande and Minillas Mineral Properties

“The Veta Grande and Minillas properties together with our Zacatecas properties represent one of the largest and most historically important land packages within the Zacatecas mining region, and we are very pleased to have this agreement in place which gives us the opportunity to consolidate our mineral interests in the area.” stated Arturo Préstamo, President and CEO of Santacruz. “This is another important step in our plan to expand our Zacatecas operations into a larger district play, and we look forward to its continued development as part of Santacruz’s transition into a mid-tier Mexican silver producer.”

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