Day: January 14, 2020

Torex Gold Provides 2020 Operational Outlook

Fred Stanford, President and CEO of Torex, stated: “In 2020 we expect our El Limón Guajes mine to deliver a similar production result to the record performance achieved in 2019. This level of production with continuing strength in the gold market, positions the Company to deliver another year of strong operating cash flow, which we expect to direct towards advancing Media Luna, testing Muckahi, and reducing outstanding debt.”

Prime Mining Reports Stantec Consulting Ltd. Retained To Complete Resource Estimate For Los Reyes Gold Mine

Since October, 2019, Prime geologists have been working with a database of 493 historic drill holes to establish a new 43-101 compliant in-pit resource over all of the project areas at Los Reyes. For the first time since modern work has been completed at Los Reyes, all 493 historic drill holes are in one data base. The data set has been thoroughly reviewed and in early December was forwarded to Stantec Consulting Ltd., which is presently working towards a new resource estimate within the coming weeks.

How Augmented Reality is Disrupting the Mining Industry in 2020

Augmented reality is quickly becoming one of the must-have technologies for major industries, including healthcare, government, military, automobiles, and education. It’s even transforming the mining industry with regards to improving mine productivity, reducing maintenance costs, protecting miners, providing site tours of mines, and training in real-world environments, notes Mining Technology.

Radius Gold Reports Results from the Third Phase of Drilling at Amalia High-Grade Gold-Silver Discovery, and Acquires the Adjoining 800Ha. Palmillas Property

Radius Gold Inc. is pleased to report that the phase three diamond drill program at its Amalia Gold-Silver Project in Chihuahua, Mexico has been completed. The high-grade mineralized shoot discovered at Amalia in December 2018 has been extended at depth and remains open to expansion. Defining its extents and new high-grade shoots will be the goal of phase four drilling.

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