Month: November 2018

Goldplay Announces Private Placement

Goldplay Exploration Ltd. is pleased to announce that the Company will undertake a private placement of up to 6,818,182 units at a price of CDN$0.22 per Unit for gross proceeds of up to CDN$1,500,000.

Aloro Mobilizes Drill Rig to the Los Venados Project

ALORO MINING CORP. is pleased to announce that it has mobilized a Reverse Circulation (RC) drill rig to the Los Venados Project. The RC drill rig was expedited from Hermosillo, Sonora to Mulatos, Sonora this morning and will arrive later today.

Kootenay Options High-Grade Columba Silver Project in Mexico

Kootenay President and CEO James McDonald states, “Columba is a very rare opportunity to get into a property with the potential for the discovery of classic high-grade Mexican style vein deposits. These opportunities only arise from the combination of depressed markets for silver and the success of our generative program to identify prospects. As we have seen in recent months high-grade discoveries have added a lot of value to market cap to a handful of juniors. Based on our sampling and historic reports we believe that Columba has potential for such a discovery. We are very excited to get to work on rapidly advancing the Property to drilling hopefully by the first quarter of next year.”

Mexus Gold US – Drilling has commenced at Santa Elena mine

Mexus Gold US announced that drilling at the Santa Elena mine located in Caborca, Sonora State, Mexico commenced November 18th. The company spent the last few weeks prepping the drill pads and preparing for arrival of the drilling rigs. Initial drilling is focused on the Julio II mineralized area. The diamond core drilling and sampling will be done in accordance with 43-101 rules. This is the beginning of Mexus’ combination confirmation/exploration drilling program with a heavy emphasis on exploration.

Silver Spruce Signs Definitive Agreement to Transfer Kay Mine

“This transaction is integral with Management’s plan to consolidate the Company’s shares and reduce its debt. Together, with its current financing, the Company will focus on advancing the fully-permitted drill program at Pino de Plata project in Mexico,” stated Karl Boltz, CEO of Silver Spruce.

México avanza en seguridad minera

México ha mejorado en seguridad en minas y plantas metalúrgicas durante los últimos 12 años, porque tanto empresas como trabajadores han fortalecido las acciones, con lo que se ha fomentado la cultura de la prevención, afirmó el Sindicato Nacional Minero Metalúrgico FRENTE.

Golden Minerals Announces SEDAR Filing of PEA for Santa Maria Silver-Gold Project

Golden Minerals Company is pleased to announce the filing on SEDAR of a Preliminary Economic Assessment and accompanying Technical Report for its Santa Maria silver?gold project located in southern Chihuahua State, Mexico. The report, entitled “NI 43?101 Technical Report, Updated Preliminary Economic Assessment, Santa Maria Silver Project, Santa Bárbara, Chihuahua, Mexico” is dated September 14, 2018 and was prepared in accordance with National Instrument 43?101 Standards of Disclosure for Mineral Projects by the independent firm of Tetra Tech.

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