motherlodetv.net
Infill Holes
___________________________________________________________________
Chris Donaldson, Manager, Corporate Development at Western Copper and Gold (T.WRN) draws our attention to a joint Federal/Provincial News Release announcing a 360 million-dollar commitment to road construction in Yukon. The package includes funds for road upgrades and extensions to WRN’s Casino Project.
TORONTO, Sept. 5, 2017 /CNW/ – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) today announced assay results from a recently completed definition drilling program at the Bolivar West zone which is located adjacent to the current operations at the Bolivar Mine. The highlight of this program is that at completion the drill information will be included in a future resource update for the Bolivar Mine located in Urique, Chihuahua state, Mexico.
Fresh from a series of financial transactions with Robert Friedland’s High Power Exploration, Mario Stifano CEO of Cordoba Minerals (V.CDB) has recommenced drilling at the high-grade, near-surface Alacran Deposit, located within the San Matias Copper-Gold Project.
“This is an era of unprecedented change, it’s really happening,” Friedland said. “The handwriting is on the wall. For those of you who deny this phenomenon, you’re going to miss this massive disruption opening soon at a theatre near you.”
TORONTO, Aug. 1, 2017 /CNW/ – Sierra Metals Inc. (TSX:SMT, BVL:SMT) (“Sierra Metals” or the “Company”) announces the filing of Sociedad Minera Corona S.A.’s (“Corona”) unaudited Financial Statements and Management Discussion and Analysis (“MD&A”) for the second quarter of 2017 (“Q2 2017”).
Igor Gonzales has been President and CEO of Sierra Metals (T.SMT) since May 1 of this year. With three mines, one in his native Peru and two in Mexico, to oversee he has his hands full. Especially as production at two of the three mines was down in Q2 2017.
Over the past couple of days copper has broken strongly higher, and while copper itself may be of little interest to most of us, the implications of this development are profound for the base and Precious Metals sectors. Copper is an important lead indicator, which is why it earned the moniker “Dr Copper,” and since it now looks like it is starting a major bull market, this is a sign that a major bull market is about to begin across the entire metals sector, which as you know is what we are looking for in gold and silver. Silver in particular is gruesomely undervalued and has huge upside potential from here. read more at The Gold Report
When you embark on a tour of the upcoming mines of the Yukon the first thing which hits you is the sheer size of the place. Miles and miles of untouched, trackless, wilderness separates many of the properties from any sort of population centre. To cover eight properties and a full-scale mining conference in six days means a lot of fixed wing flying, helicopter jumps and bumpy drives down gravel (if you’re lucky) roads.