The indicated resource totals 7.6 million tonnes grading 117 g/t silver, 0.5% zinc and 0.3% lead.
Mexico Mining News
Gainey Capital’s Las Margaritas gold project in Durango, Mexico has sampled up to 40 grams gold per tonne.
Wood Mackenzie forecasts that global lead production will increase in 2019 by about 250 kt.
In the El Oro District of central Mexico, a tailings agreement is linked to a tourism agreement.
Inferred resources add 400,400 tonnes averaging 434 grams silver, 1.34 grams gold, 2.86% lead and 2.97% zinc.
Aura states that an 865,000 tonne inferred ore zone grading 119 g/t silver and a 3.3 million tonne inferred ore zone averaging 0.51 g/t gold has been outlined by 14 drill holes at the project.
A December 2017 feasibility study estimated the open-pit project would produce about 116,000 ounces of gold over a 17-year mine life.
The Canadian miner deemed as false the allegations in a letter given by a group of activists to the Mexican president, Andrés Manuel López Obrador.
The miner, the world's largest primary silver producer and Mexico's No. 2 gold company, expects production of the grey metal to fall this year to between 58 and 61 million ounces.
The 66.7 sq. km project sits 24 km southeast of the city of Pachuca and along strike from the historic Pachuca-Real del Monte epithermal vein camp.
The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.
The first use case will manage concentrate from Goldcorp’s Penasquito mine in Mexico.
Newly installed Senator is ready to take on firms that he says don’t pay enough taxes, pollute the environment and enjoy concessions he deems are too long.
Alamos Gold produced 505,000 ounces of gold from its four mines in North America last year and expects a “similar rate of production” this year.
The precious metals miner produced 175,561 ounces of ore last year, 15% more than the 152,329 it churned out in 2017.
In 2018, the Canadian miner produced 354,000 ounces of gold at its El Limón Guajes Complex.
The latest results from a phase three infill drill program come from two of 13 new infill holes at the Area 51 zone of the project’s Babicanora vein.
There is a porphyry copper-molybdenum-gold system at the Espiritu SMR property.
Tahoe shareholders also approved the arrangement.
Defiance Silver Corp and ValOro Resources completed a friendly merger.
At market close on Friday, Defiance Silver’s stock had jumped 25% and ValOro Resources’ stock was up 33%.
Magenta hosts numerous high-grade cobalt/gold/silver/nickel vein and skarn style deposits.
Americas Market Intelligence says companies need to do their due diligence.
The company plans to move forward with the plan only once the feasibility study at its Zinnwald project is completed, in the second quarter of next year.
The Toronto-based miner needed to complete a change of land use payment.