After prospecting, mapping and radio-metrics at both properties had closed, the company announced that it had discovered three anomalies over 1 km2 at Espejo, containing copper, gold and molybdenum and a high Cu/Zn ratio, and two anomalies at Río Magdalena also over 1 km2 with similar characteristics. The area had been unexplored until now and Cornerstone signed a strategic … [Read more...] about Cornerstone announces the discovery of Cu-Au-Mo in Espejo and Rio Magdalena
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American Battery Metals declares its intention to acquire Fenix Gold
ABM published a letter of intent that expressed its interest in acquiring the Canadian company and the Abriaqui project, which is its main asset. This exploration project shares many geological features with Buriticá, a world-class mine owned by Continental Gold that will begin operations this year. Both projects are located in the Cauca gold belt, an area where over 80 million … [Read more...] about American Battery Metals declares its intention to acquire Fenix Gold
Max Resource reports findings from its CESAR project
Two drill holes in the AM Norte strip suggest that mineralization appears to be a sub-horizontal sheet, with partially exposed edges. Initial results include 10.4% Cu and 88 g/t Ag from a rock sample. The AMN-2 strip is a second discovery located 1.8 km west of AMN-1, though it has not yet been evaluated. Both zones are inclined 20 degrees NW at the CESAR copper-silver project, … [Read more...] about Max Resource reports findings from its CESAR project
Capstone presents cobalt project in Santo Domingo
This mine is 70% owned by Capstone and 30% by Korea Resources Corporation. It currently has copper-iron-gold production permits, but an updated technical feasibility report published last January includes higher CAPEX/ OPEX certainty and a preliminary economic assessment of cobalt sulfate production for batteries. According to the latest forecasts, cobalt production would last … [Read more...] about Capstone presents cobalt project in Santo Domingo
Filo Mining announces its results for Filo del Sol
The drilling program carried out at this property located on the border between the Third Region and San Juan province in Argentina discovered flat mineralization zones and porphyry style deposit masses. Significant results include 786m @ 0.57% Cu, 0.4g/t Au and 13.6g/t Ag; 600m @ 0.67% Cu, 0.44g/t Au and 16.2g/t Ag; and 270m @ 0.48% Cu, 0.52g/t Au and 23.5g/t … [Read more...] about Filo Mining announces its results for Filo del Sol