Month: October 2020

Aloro Enters into an Option Agreement with Alamos Gold Inc.

Alamos may acquire a 70% interest from Aloro by incurring an aggregate of USD$5,000,000 in exploration expenditures and making certain cash payments over the course of three years in two mining concessions (title numbers 244241 and 246230), commonly known as the Los Venados Project located in the Municipality Sahuaripa, in the State of Sonora, Mexico.

Sierra Metals Announces Positive Preliminary Economic Assessment Results for Doubling Output at its Bolivar Mine in Mexico to 10,000 Tonnes per Day

Luis Marchese, CEO of Sierra Metals commented: “I am very encouraged by the results of this PEA which support the Company’s organic growth strategy and plan to profitably develop and grow the Bolivar Mine production rate to 10,000 TPD in 2024 from today’s capacity of 5,000 TPD, based on current analyst consensus metal price estimates.”

Cameco Turns to LeaseControl to Manage Mining Leases

“The ability to have all our tenements, agreements and permits centralized and standardized in one platform enables us to efficiently manage our commitments, and bring out insights that facilitate fast decision making”, commented Sarah Wang, Manager of Exploration Information Management at Cameco.

Protección Federal para Sector Minero en el País

“Hicimos una evaluación para seleccionar a nuestros mejores elementos y los llevamos a un entrenamiento de capacitación y especialización en protección de instalaciones mineras; por lo que hoy se lleva a cabo la instalación de 120 policías del Servicio de Protección Federal especializados en este sector.”

Radius Gold Expands Plata Verde Project by 500ha and Announces New Road Construction

Radius Gold Inc. is pleased announce that it has acquired the right to purchase the 500 hectare Don Jose property that surrounds Radius’s Plata Verde silver project located in Chihuahua, Mexico. The Company is also pleased to report that local land owners have constructed a new access road that reaches the Project, enabling year round access by 4×4 trucks and facilitating exploration and future drilling programs.

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