Category: featured_news

Sierra Metals Reports New Discovery at the Cachi-Cachi Mine Zone at the Yauricocha Mine, Peru

JayCurrie
T.SMT, Sierra Metals

TORONTO, Aug. 24, 2017 /CNW/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announced drilling results from the Escondida zone situated within the Cachi-Cachi Mine, which is located 1,000 meters north of the Central Mine. Escondida is one of several limestone replacement mineralized zones demonstrating the existence of new mineralized areas within the Cachi-Cachi Mine. Escondida is located within the northern extension of the Esperanza Orebody demonstrating that mineralization from Esperanza continues to the north, and is still open to depth and along strike. read more

Victoria Gold: Phase 1 Construction Underway at the Eagle Gold Project, Yukon

JayCurrie
V.VIT, Victoria Gold, gold
Victoria Gold ground turning ceremony at the Eagle Project, Yukon
Victoria Gold Groundbreaking Ceremony at the Eagle Gold Project in Yukon Territory on August 18, 2017.
Photo by Alistair Maitland Photography

TORONTO, ON–(Marketwired – August 21, 2017) – Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the start of a $40M Phase 1 Eagle Gold Mine construction program. The program will focus on: read more

Canadian Orebodies Intersects 18.7 Metres of 2.6g/t Au, Including 0.5 Metres of 57.1g/t Au at Wire Lake

JayCurrie
V.CORE, Canadian Orebodies, gold, Gordon McKinnon

TORONTO, ONTARIO–(Marketwired – Aug. 21, 2017) – Canadian Orebodies Inc. (the “Company”) (TSX VENTURE:CORE) is pleased to announce the recent completion of its initial drill program and first drill assays from its Wire Lake Project. The program consisted of twenty-two holes being drilled (WL-2017-001 to 009, 009a, and 010 to 21) totalling 3,069 metres. read more

RYE PATCH GOLD INCREASES HAULAGE CAPACITY AT FLORIDA CANYON Mine Advances Expansion Plans

JayCurrie
V.RPM, Rye Patch Gold, gold, Nevada, Bill Howald

Vancouver, British Columbia, August 18, 2017 – Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) announced today that it has secured financing for the purchase of four additional Caterpillar 785C haul trucks for a total of US $3.67 million dollars, growing the Florida Canyon truck fleet to fifteen. read more

Arizona Mining Strengthens Hermosa-Taylor Development Team

JayCurrie
Arizona Mining, T.AZ, zinc, lead, silver

VANCOUVER, BC–(Marketwired – August 15, 2017) – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce it has added four senior technical staff to the operations team in Tucson in pursuit of executing its plans to develop the world-class Hermosa-Taylor zinc-lead-silver deposit in Santa Cruz County, Arizona. read more

Arizona Mining’s Expanded Drill Program Hits More High-Grade Mineralization Outside PEA Resource Outline

JayCurrie
Arizona Mining, T.AZ, zinc, lead, silver
VANCOUVER, BC–(Marketwired – August 08, 2017) – Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) announces the results of three exploration holes from the current nine rig drill program focused on expansion of the Taylor Sulfide Zone (“TS”) and Taylor Deeps Zone (“TDS”) located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. The drill holes highlighted in this release are successful step out exploration and infill drill holes indicating the potential for resource growth and increased grades from the Preliminary Economic Assessment (“PEA”) (see Press Release dated April 3, 2017).
  • 62 FEET ASSAYING 32.5% ZINC-LEAD AND 5.8 OPT SILVER
  • 35 FEET ASSAYING 24.0% ZINC-LEAD AND 21.0 OPT SILVER
  • 36.5 FEET ASSAYING 17.1% ZINC-LEAD AND 3.1 OPT SILVER
  • 17.5 FEET ASSAYING 14.5% ZINC-LEAD AND 2.2 OPT SILVER

“The drill results continue to significantly expand the Taylor Sulfide and Taylor Deeps Zones and show higher zinc-lead-silver grades. It is clear that the expanded drill program continues to not only add tons to the ultimate size of the deposit, but more importantly, they are higher grade tons that should benefit the economics of the project,” said Chief Operating Officer Don Taylor. read more