The mining committee in Chile's upper house approved the 2018 royalty bill, which is now up for discussion by the senate plenary. The mining committee began studying the bill in March 2021, after it was passed by the lower house plenary despite a negative vote by the lower house's finance committee. Discussion by the finance committee had been suspended for most of 2020 due to … [Read more...] about ROYALTY BILL MOVES ON TO HOUSE PLENARY
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COLLECTIVE MAPS PORPHYRY STOCKWORK AT 2ND GUAYABALES TARGET
Location of main targets at Guayabales Collective Mining Ltd. (TSXV: CNL) identified a large Au porphyry stockwork system at surface at the Victory target area in its Guayabales project.Victory covers 1,000m x 600m, with a height difference of 250m on the hillside. Due to the site being 95% covered by colluvium and landslides, Collective took channel and chip … [Read more...] about COLLECTIVE MAPS PORPHYRY STOCKWORK AT 2ND GUAYABALES TARGET
OROSUR PARTNER MONTE AGUILA ASSUMES CONTROL OF ANZÁ
State of drilling at APTA, reported in August Minera Monte Águila, JV partner of Orosur Mining Inc. (TSX: OMI) in the latter's Anzá Project, exercised its right to assume operatorship of the project as specified in the partners' Exploration Agreement with Venture Option. The agreement allows 90 days for the transfer of staff and contracts from Minera Anzá to Monte … [Read more...] about OROSUR PARTNER MONTE AGUILA ASSUMES CONTROL OF ANZÁ
ANM AWARDS CU EXPLORATION BLOCK TO CARBOMAS
Colombian mining firm Carbomas secured the first of five copper exploration licenses put to tender by the mining authority ANM in July. Carbomas won a 30-year license for Block 4, which covers some 470Ha of La Jagua del Pilar municipality in La Guajira department.There were no counteroffers against the firm's bid. Carbomas commits invest $3.7bn pesos (US$978,480) in exploration … [Read more...] about ANM AWARDS CU EXPLORATION BLOCK TO CARBOMAS
STEP CHANGE IN DRILL RESULTS FOR SOLGOLD AT TAM TARGET
Drill Section A-B, looking northwest, with a window thickness of 150m. Hole 24 in red, has encountered intense mineralization from 507m. Hole 13 drilled by SolGold (LSE, TSX: SOLG) at the Tandayama-America (TAM) porphyry target in its Cascabel project intersected 1,010m @ 0.55% CuEq.The result almost doubles the 0.33% CuEq reported in May from hole 3 over a similar … [Read more...] about STEP CHANGE IN DRILL RESULTS FOR SOLGOLD AT TAM TARGET