Day: July 25, 2017

Southern Silver Exploration Corp. reported today that it continues to identify high-grade mineralization from the current core drilling program on the Cerro Las Minitas project, Durango State, Mexico. Recent drilling has identified two thick intervals of mineralization in hole 17CLM-101 opening up the potential for significant extensions to the Blind Zone and Skarn Front deposits to the southeast of their currently drill extents.

Mr. Dan Omeniuk, Chairman and CEO of MX Gold stated, “The turn-key build out of the plant includes increasing throughput capacity to 1,000 tonnes per day. The build out is on track to be completed, with the plant operational, by this November.”

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside acquired the Cecilia gold Project because our geologists view the volcanic complex at the heart of the Project as being a prime setting for a major epithermal mineral system, predominantly gold-bearing at higher levels and possibly more silver rich at lower elevations. The fieldwork we have completed so far, combined with the compilation and analysis of historical data, further supports this view. We have at least five high-potential gold targets defined at the Project, which are being permitted for drilling.”

“The financial support provided by our recently announced strategic alliance with Ossisko Gold Royalties and the subsequent private placement allows the Company to fast-track the development cycle for the La Fortuna project” said Darren Koningen, President and CEO of Minera Alamos. “Bringing ECT onboard now allows us to complete this critical stage of design so that development schedules for the project can be compressed once a formal construction decision is made. Our next critical milestone is the submission of the permit application documents for the project in the coming weeks. In addition, we are extremely pleased to announce key additions to our management group as we transition towards construction and operations. The extended capabilities of our technical team are also critical to support our goal of expanding the Company’s development and production profile through additional acquisitions in the short term”.

Aztec Minerals Corp. announces it has commenced the 2017 exploration program at the Cervantes property in Sonora State, Mexico. Work now underway includes a more detailed review of historic drill data not previously released, as well as additional geological mapping and geochemical rock and soil sampling of the main California gold prospect and the Jasper copper-gold prospect area immediately west of the California gold prospect area.