Day: January 18, 2024

Metso Inaugurates New Screening Media Factory in Mexico

“We are very pleased to officially inaugurate our new screening media factory in Irapuato. This milestone is yet another indication of our deep commitment to customer success. The Irapuato region is an important centre of excellence for high-quality products for our mining and aggregates customers. All of our factories are modern and focused on safety, employee wellbeing, and continuous development,” said Alfredo Monreal, Vice President, Sales and Service, Mexico and Central America, Metso.

Colibri Begins High-Definition Magnetic Survey and Mapping of Priority Targets at Flagship EP Gold Project in Sonora, Mexico

Ian McGavney, Colibri’s President & CEO states, “The drill program will test several of our highest priority targets on the Plomo (San Perfecto, Pavo Real, and Banco de Oro) and also further test the West Sahuaro target area on the Evelyn claim, where the Company recently announced the discovery of a zone which exhibited the most continuous and highest grade gold mineralization intersected to date at the EP Project.”

Orla Mining Reports Positive Results of Layback and Oxide Extension Drilling at Camino Rojo Mine

“Our 2023 near-mine exploration validated near-surface oxide gold in the Layback Area and uncovered oxide expansion potential near the edge of the Camino Rojo Oxide Mine. The positive results from our near-mine oxide drilling program highlight the opportunity to replace a portion of the depleted ounces at the mine by incorporating incremental near-mine oxide material. These positive results pave the way for the 2024 near-mine drill program.”

Ranchero Announces Execution of a Definitive Agreement Related to the Disposition of its Santa Daniela Property

Ranchero Gold Corp. is pleased to announce that further to its press release of December 27, 2023, its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. has entered into a definitive agreement dated January 17, 2024 with Minas de Oro Nacional, S.A. de C.V., a wholly-owned subsidiary of Alamos Gold Inc., for the sale of Paika’s interest in four mineral licenses comprising an area of 5,390 hectares of the Company’s Santa Daniela mineral property located in Sonora, Mexico.

Aztec Drills Broad, Shallow Gold Mineralization Expanding the California Zone at the Cervantes Project, Sonora, Mexico; Including 1.03 gpT Au over 30.4m including High Grade Intersection of 13.8 gpT Au over 1.52m

Aztec Minerals Corp. announces the initial gold results from the recently completed Reverse Circulation exploration drilling program conducted in Q4 2023 at the California gold zone of the Cervantes project in Sonora, Mexico. The results of the first three of the total thirteen RC drill holes, CAL23-032 to 034, continued to intersect gold mineralization in the altered California intrusive porphyry complex extending the California gold zone to the West, North and to depth.

Argonaut Gold Announces 2023 Production Results

“Our Florida Canyon mine in Nevada and our Mexican mines had a solid year, surpassing the top end of production guidance on a combined basis by 9%. Our newest mine, Magino, met target start date of commissioning the mill in mid-May, however, ramp up of the mine and mill took longer than anticipated, resulting in the Company missing consolidated production guidance by a small margin.”

IMPACT Silver Drills and Discovers 6.9 Meters With 10.22% Zinc, 5.43% Lead and 27.7 g/t Silver in First Results at the Plomosas Mine

Chairman and CEO Fred Davidson commented, “We are pleased that our initial drilling and underground sampling program has returned high grades over mining widths in line with expectations at Plomosas. Our field crews have also begun exploration activity beyond the immediate mine area and have already identified some high priority drill targets.”

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