Jim Williams, Chief Executive of Arian, commented: The drill programme progressed well despite initial delays caused by unseasonably wet weather, which impacted ground conditions for drilling. The results of the programme should be available within three to four weeks and I look forward to reporting the results at that time.
The Company has contracted with K.D.L. Mexico S.A de C.V. for up to 3,000 metres of diamond drilling. The drill program will focus on expanding known mineralization at the El Dorado/Juan Bran, Cinco Senores, and Las Minillas zones and testing new targets identified by geophysical surveys. Drilling will also be scheduled for the high-grade Santa Cruz zone, contingent on the results of a planned surface work program at the site.
“We are very encouraged by the initial success of this drilling,” said Darren Blasutti, President & CEO of Americas Silver Corporation. “Not only did the infill drilling increase the confidence of the existing resource at Zone 120, but the step out drilling to the southern extension confirms our geologists view of a larger, more robust system which could extend to the El Cajón deposit.”
Prospero Silver Corp is pleased to provide an update on its on-going 5 month 6,950 m reconnaissance drill campaign funded by strategic partner Fortuna Silver Mines Inc. The drill program is designed to carry out first-pass drilling of a number of Prospero’s early stage projects in the world class Mexican Altiplano mineral belt.
“At Rosario, production quarter over quarter has seen improvements as we transition from mineralized material from development to actual producing stopes at the Membrillo and Cinco Estrellas mines. In addition to this, the Veta Grande mine development has now reached Level 6, and mill recoveries have improved aiming to reach the targeted levels for silver during Q4” stated Arturo Préstamo, CEO of Santacruz adding, “The addition of Membrillo and Cinco Estrellas as feeders to the Rosario Mill has increased the gold content within our Rosario produced concentrates, while higher silver grade areas are now being accessed as the main Membrillo vein starts contributing to Rosario’s mill feed.”
Additional high-grade zinc and lead mineralisation has been identified from mapping and sampling of the La Espadas West area located in the north part of the mine;
Both Las Espadas East and West mineralisation are accessible via Level 5 workings;
29 rock chip channel samples were taken over 90m strike of massive and semimassive sphalerite and galena mineralisation;
High grade results returned values of 50.22%, 49.13% and 40.18% Zn+Pb combined along with 35.6g/t, 49.9g/t and 32.4g/t Ag, respectively.
Results provide new evidence that improved structural understanding of the deposit is resulting in the identification of additional mineralisation at Plomosas.
Bacanora, the London and Canadian listed (AIM: BCN, TSXV: BCN) lithium exploration and development company, is pleased to provide an update on its flagship Sonora Project (‘Sonora’) in Mexico, one of the world’s larger lithium resources, where the Feasibility Study (‘FS’) for a 35,000 tpa lithium carbonate (Li2CO3 ) operation is scheduled for completion in late 2017. Li2CO3 is a key component of battery technology used in rapidly-growing industries such as electric vehicles and energy storage. Bacanora is focused on its con)nuing objective of becoming a significant large scale supplier to these emerging industries and is targeting first production at Sonora in 2019/2020.
Colibri Resource Corporation is pleased to announce plans to extend three tranches of R.C. Drilling (10,000 meters) at its newly acquired Pilar Gold Project. The Pilar Gold Project is near Suaqui Grande, Sonora, Mexico. Colibri is also pleased to announce that, as this next round of drilling is extremely important, it has retained Pierre Jean Lafleur, one of the best known mining engineers in the world, for 3D hole plottings of pre-drilling and drilling services.
We are proud to have Salvador join our management team as Chief Operating Officer, said Robert Eadie, President & CEO of Starcore. He has distinguished himself in Mexicos mining industry, and with his vast experience in operating mining projects and his work with major mining companies, he adds a depth to our management that will help us propel Starcore to a new level of asset building and growth.
J.D. Poliquin, chairman of Almaden stated, “While we have established Ixtaca as a prominent new discovery of gold and silver reserves, we are clearly only at the beginning of the discovery cycle at this project. Ongoing drilling in areas within and proximal to the PFS pit will provide very useful input into the continuing work to deliver a feasibility study early next year, and will begin the process of testing new targets on the Tuligtic claim.”
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