Day: October 16, 2019

Megastar to Purchase a 100% Interest in Cerro Minas Property, Mexico

“Given the exciting results we have announced to date from our Yautepec property, the addition of this land is very compelling for us,” said David M. Jones, exploration manager and director of Megastar Development. “Completely surrounded by our current land holdings, Cerro Minas displays similar epithermal characteristics to targets that we have already identified and, given our early-staged success, adding this land is a natural as we look to enlarge our foot-print in, what we believe, is a very prospective area.”

Tamino Provides Update on Operations, IT and New Media Consultant

Tamino Minerals – Mr. Pedro Villagran-Garcia, President & CEO, is pleased to confirm as mentioned before that it has a Property of Merit, or exploration target. And as mentioned before, Tamino has prepared a Geological Report on its El Volcan Property. We have a summary of this report on our website. Furthermore, the company will also be ready with its NI 43-101 Report soon once we present a Registration Statement to the SEC and the company becomes fully reporting. Meaning it has great potential for economical mineable amounts of precious metals such as gold and silver and certified by top geologists.

Gainey Commences Drilling at Las Margaritas Project

David Coburn, Gainey CEO, stated “Our exploration team has been working hard to generate these targets based upon surface mapping and sampling and prepare the infrastructure necessary to support the drill program. We have been eagerly anticipating this first-ever drill program at Las Margaritas. The Phase I program will aid significantly in understanding the controls on the gold mineralization and allow us to more effectively plan a follow up program.”

Riverside Provides Update on BHP Exploration Program

Riverside’s President and CEO, John-Mark Staude, stated: “We are encouraged by the collaboration with BHP to-date and our technical team continues to progress on new prospect generation in northeastern Sonora, Mexico. Our group has taken a high-level initial view observing the entire belt and now focus on combining data from the integration of our recently acquired Millrock databases along with BHP’s data to efficiently work through a series of high-level project evaluations during Q4 in advance of our next technical committee meeting near year-end. We look forward to progressing with BHP and drill-testing large porphyry copper targets together in 2020.”

Avino Announces Q3 2019 Production Results

“Our Q3 2019 production results, while lower compared to the same period in 2018, were in line with our internal expectations and output remained similar to the first two quarters of 2019. This quarter’s increase in throughput and recoveries are very encouraging and are attributed to the hard work and efforts by our team in Mexico,” said David Wolfin, Avino’s President and CEO.

Alien Metals – Directors Declaration

Alien Metals Ltd, the AIM quoted mineral exploration and development company, announces that James Cable, non-executive director, has advised Alien Metals of the following disclosure required in accordance with AIM Rule 17 and paragraph g of Schedule 2 of the AIM Rules.

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