Jesus Noriega, interim Chief Executive Officer of Ranchero said, “The sale of Paika is a watershed moment for the Company, substantially reducing the liabilities of the Company and providing a platform from which we can focus our efforts on continuing to exploring the Pinchi Lake nickel project as well as opportunistically looking at new projects.”
“With Panuco Project 1 now having been defined, the hunt for Project 2 begins,” commented Michael Konnert, President and CEO. “Since our initial discovery at Napoleon, we have completed over 350,000 metres of diamond drilling, made several new discoveries and outlined a robust, high-grade resource base which serves as the foundation for Panuco Project 1, located in the southwest corner of the district. We are now determined to identify the next epicenter of high-grade mineralization in the central and/or east area of the district with the potential to host similar resources to that outlined in Project 1.”
The Company is currently evaluating various options to restart exploration work on our Nuevo Taxco Silver project located near the municipality of Taxco – the historical silver capital of Mexico. Work is targeted to commence in the third quarter of 2024.
Fred Davidson, President & CEO of IMPACT, stated, “During the second quarter, our team at Plomosas successfully met its objective of increasing production throughput following a substantive but continuing mine rehabilitation program. As we approach design capacity levels over the coming quarters, we expect to expand the mine’s development and increase high-grade production activity at site.”
Si el gobernador Alfonso Durazo negocia con el Gobierno federal que Sonora es un Estado de excepción para la minería a cielo abierto, nuestra entidad se salvará de no tronar en lo económico, en lo social y hasta en lo político.
Mr. Pryor is a distinguished geologist with a 40-year track record of successfully advancing multiple precious metal projects from discovery through to exploitation, including a position at the Electrum Group based in New York.
When we completed the initial PEA in December 2023 it was clear there was additional value to be unlocked at Santo Tomas. Upon careful analysis, a staged approach to the mine expansion and a focus on exploiting the higher-grade near surface material in the early years of mining has unlocked a considerable increase in value.”
United States Antimony (NYSE:UAMY) +5% in early trading Monday and up more than 40% since August 15 after China said it will impose export controls on some antimony products starting September 15, adding to measures imposed by the government since last year to curb shipments of strategic minerals.
Radius Gold Inc. and joint venture partner, Volcanic Gold Mines Inc. reports that Volcanic has fulfilled the modified Option Agreement and earned a 60% interest in Radius’s Holly and Motagua Norte Properties in Guatemala by spending US$7 million in exploration expenditures.
Dr. Hennigh commented: “I am delighted to join the board of Barksdale. The large potential of the Sunnyside Project is one of the most compelling exploration stories I have seen in my career.”
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