“I am very pleased that we have dealt with the challenges of delivering a new mine on schedule and on budget,” said Darren Blasutti, President & CEO. “San Rafael material will be processed at our newly modified mill before the end of the third quarter with commercial production expected to be achieved before year end.”
Silver Bull Identifies 94.5 Meters Of Sulphide Mineralization Grading 9.7% Zinc, 124 g/t Silver, 1.6% Lead And 0.46% Copper, Including 31.5 Meters Grading 22.36% Zinc, 134.5g/t Silver, 2.05% Lead, And 0.21% Copper In A Continuous Channel Sample At The Sierra Mojada Project, Coahuila, Mexico
Mexus Gold US along with its joint venture partner, MarMar Holdings, today announced that they have produced gold in dore form as a result of its ongoing operation at the Santa Elena mine. Mexus CEO Paul Thompson added, This is a monumental step for Mexus and MarMar as we have met our initial goal which was to get the Santa Elena mine into production. The finances of gold sales will be released in our quarterly reports but we will keep our investors informed as key financial goals are met. The ore we are currently placing on the heap leach pad is averaging 2 grams per ton with an expected recovery rate of 76%. We know now that the high grade near surface material we are mining will result in a lower overall cost of production.
Dan Omeniuk, MX Gold Corp. Chairman & CEO said: “Our team is passionate about the Magistral project! We are pleased to see the project advancing on schedule, with the plant operational, by this November. We are also glad to see the continual growth in the price of Gold since the acquisition of the project.”
Late in the night on Thursday, September 7, 2017, an earthquake with a magnitude 8.1, according to the U.S. Geological Survey, struck off the southern coast of Mexico. The earthquake had no effect on operations in Zacualpan. Post-earthquake inspections at the mines and processing plant reported no damage and there were no disruptions to operations.
There have been two major economic revolutions in human history: the agricultural revolution of 10,000 years ago which gave birth to human civilization and the industrial revolution of 300 years ago which gave rise to the tremendous increase in human well-being and prosperity we enjoy today. Space resources will be the third major economic revolution and will usher in an era of unprecedented prosperity and flourishing, Sowers said in his written testimony. Furthermore, the development of space resources will enable us to save the Earth as we unchain human progress from the constraints of Earths ever diminishing resources.
Primero Mining Corp. announced today that Mr. Ryan Snyder has been promoted to the role of Chief Financial Officer, effective September 15, 2017, and that Mr. Kevin Jennings has resigned to pursue other opportunities. Mr. Jennings will continue to advise the Company until October 31, 2017 to ensure an effective transition of duties.
Glenn Jessome, President and CEO of Oceanus reports, The high-grade gold-silver-base metal mineralization in the Protectora, Caleigh and Fundadora Veins is an exciting new development on the El Tigre property. The results from the mapping and sampling of the underground workings present a series of high priority drill targets for this fall over a 2 kilometer strike length north of the old El Tigre Mine.
Colibri Resource Corporation is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement. The Company has issued 4,265,000 units at a price of $0.15 per Unit for gross proceeds of $639,750.00. Each unit consists of one common share and one warrant. Each warrant entitles the holder to acquire one additional common share of the Company at a price of $0.25 per share for a period of 24 months following closing. The Units are subject to resale restrictions until January 7, 2018 under applicable securities legislation.
“The first phase of the La Yaqui Mine was brought into production in eight months, a significant achievement and indicative of how quickly we can develop these types of deposits. Alamos will apply this same approach as we look to grow and develop La Yaqui Grande and other targets within the Mulatos district,” said John A. McCluskey, President and Chief Executive Officer.
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The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
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The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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