This mine is located in the La Libertad region of northwestern Peru and mining at the 3290 level intersected a new high grade gold concentration vein 78m long and 1.6m wide, in an area where surface exploration had yielded rather modest results, in the words of the company. The two holes closest to that level contained 5.50 and 6.56 g/t Au, but samples taken from the tunnel … [Read more...] about PPX Mining announces discovery of new vein in Callanquitas
Auryn identifies new high grade targets in Curibaya
The latest sampling and mapping program at the deposit, located in Candarave province in southern Peru, revealed a new mineralization zone with 946 g/t Ag and 1.96 g/t Au, approximately one kilometer from the previous sampling zone. Additionally, a flotation sample found 42.6 g/t Au and 9,180 g/t Ag. Auryn’s technical team identified several rhyolite-to-dacite flow complexes, … [Read more...] about Auryn identifies new high grade targets in Curibaya
Rio Tinto closes exploration deal with Calibre
Rio Tinto could access up to 75% of the Borosi project in the northern region of the country, 275 km from Managua. Borosi hosts gold-silver and gold-copper deposits in two areas, as well as gold- copper skarns in still unexplored regions, low-sulphurization gold-copper epithermal systems and porphyry copper. Both companies signed a strategic partnership agreement to identify … [Read more...] about Rio Tinto closes exploration deal with Calibre
Pan American Silver reports record cash flow in the last quarter of 2019
The company’s published financial results disclose that last quarter’s revenue reached US$ 404.4 million, which will allow the company to focus on developing the La Colorada polymetallic deposit in Sonora state. Exploration at this skarn deposit at the end of last year revealed 70.9 m @ 60 g/t Ag, 0.17% Cu, 2.69% Pb and 4.52% Zn, including 166.9 m @ 85 g/t Ag, 0.18% Cu, 3.93% … [Read more...] about Pan American Silver reports record cash flow in the last quarter of 2019
G2 Goldfields reveals new gold finds at OKO
Models developed from drilling in 2019 revealed a north-south mineralization zone 1.1 kilometers long and approximately 60 meters wide. The latest exploration program began last January and confirmed the geological model with visible gold in seven holes drilled during this phase. All the mineralized sections are less than 100 vertical meters from surface, and the G2 geological … [Read more...] about G2 Goldfields reveals new gold finds at OKO