Month: June 2018

Discovery Metals Reports High-Grade Surface Channel Samples from its Monclova Project, with Values up to 962 g/t Silver, 23.2% Zinc and 16.2% Lead

Taj Singh, P.Eng, President and CEO stated, “First assay results from our Monclova sampling program were outstanding and they illustrate the strong potential of several target areas on the Project. Real Viejo in particular shows impressive grades and continuity over a large prospective area. For the next two months we will continue to systematically explore and test Monclova through mapping, sampling and geophysics, and plan for drilling in Q3.”

Sierra Metals Confirms Northern Extension of the Bolivar Northwest Orebody Containing an Average Grade of 1.37% Copper and an Average True Width of 8.1 Meters at the Bolivar Mine, Mexico

Alonso Lujan, Vice President of Exploration stated: “The Titan 24 areas we tested demonstrated an excellent relationship between chargeability and the structures. Based on those results, the Company has completed a successful infill drilling program on those previously tested areas, which resulted in a new structure being defined which demonstrates the continuity of the previously defined wide high-grade copper structures. The potential for further extensions to the North of the Cieneguita zone remain open and there is strong evidence of further high priority geological and geophysical anomalies.”

Final Drill Assays Received from Oposura West Zone

Azure’s managing director Mr. Tony Rovira stated: “Pleasingly, assays from the final drilling into the West Zone continue to identify thick, high grade mineralisation, with potential extensions still to be tested by future drilling. Furthermore, confirmation of the presence of mineralisation within the overlying Candelaria Formation provides additional opportunities, particularly when this knowledge is combined with information from historical mining at Oposura that indicates that potential Arenillas-hosted mineralisation remains untested.”

Americas Silver Corporation Provides an Exploration and San Rafael Update

“These excellent drill results at both of our operating complexes continue to expand our silver resources allowing for future low capital and operating cost production,” said Darren Blasutti, President and CEO of Americas Silver Corporation, “With the San Rafael mill processing 1,650 tonnes per operating day with further ramp up expected, our cash costs and all-in sustaining costs will continue to reduce over the remainder of the year.”

6 missing, 1 dead after mine dam bursts in northern Mexico

The gold and silver mine is in Cieneguita in the municipality of Urique. Aerial photographs provided by the state government show a white residue coating a long winding course through the mountains. Video captured at the scene showed a thunderous torrent of water rushing down a steep mountainside.

SilverCrest Appoints Pierre Beaudoin to Board

N. Eric Fier, CEO, stated: “Pierre brings a wealth of technical and corporate expertise from a 34-year career with emphasis on mine construction and mineral processing. His success on technical and corporate matters further enhances our current Board. As the Company’s exploration and development progresses at the Las Chispas Project in Mexico, Mr. Beaudoin’s skill set in project development, design and construction will be a critical complement for continued success.”

Minaurum Discovers Three New Veins at Alamos; Samples up to 1495 g/t Silver and 3.8% Copper

“Since Hole 7 confirmed that high-grade silver mineralization is present in virgin veins outside of the historically mined areas at Alamos, we have focused our exploration on discovering and sampling more such veins farther afield in the district,” stated Darrell Rader, President and CEO of Minaurum. “We are excited to find three new veins carrying high silver grades in our newly acquired claims and continue to seek others throughout our project. While we wait for permits for an aggressively expanded drill program, we look forward to updating the market with our ongoing exploration results.”

Goldplay Exploration announces surface trenching program results to date at the 100% owned El Habal Property: including 130 meters grading 1.86 g/t Au, 100 meters grading 1.20 g/t Au , 90 meters grading 0.84 g/t and the most recent discovery expanding the mineralized zone further east with 20 meters grading 1.33g/t and 50 meters grading 0.48 g/t Au including (13 meters grading 1.07g/t)

Goldplay Exploration Ltd. (TSXV: GPLY) is pleased to provide a summary and additional results of the surface trenching program at the El Habal Property in Sinaloa, Mexico. The results to date have identified oxidized gold mineralization on the surface along a 1000 meter-long mineralized zone. Additionally, the results of recent trenching at the Octavio target support opportunities to continue exploration along the mineralized zone to the east.

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