motherlodetv.net
Artisanal mining occurs all over the world. In some jurisdictions it is seen as a dangerous blight, however, in Costa Rica the government regulates and encourages the artisanal miners in its central gold belt.
Having a piece of highly prospective property is a good start for a junior resource company. Tocvan Resources (TOC.CC), after Mark Smethurst, the company’s COO, looked at over 150 possible properties, found a property with high gold and silver potential at the Pilar Gold Property in the Sonora Gold District in the north-west of Mexico. Better still, there had been over 17,000 meters of drilling done on the property. Short holes over a relatively restricted area on the property.
Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to announce that they have commenced drilling at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia. The drill program is designed to test a new area with high-grade surface samples from outcrop.
In the junior resource world there is a model where a company takes a piece of ground, works on sampling, mapping and drilling and then sells the ground at a profit. It is a great model but it is rare for a company to actually be able to execute. Nicole Brewster, CEO of Renforth Resources (V.RFR), got the job done with the sale of Renforth’s New Alger project to Radisson Mining Resources (V.RDS).
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce that its Bolivian subsidiary Minera Tupiza S.R.L. has completed the three (3) underground drill bays in the Huayra Kasa Mine required for the planned 3,500m underground diamond drilling program on its optioned Iska Iska Polymetallic Project in Potosi Department, southern Bolivia. The Company and contractor Empresa Minera Villegas S.R.L. have implemented safeguards to protect personnel from COVID-19. Minera Tupiza S.R.L. has received clearance from the Government of Bolivia for travel to Tupiza. Drilling will be carried out by Leduc Drilling S.R.L. and is expected to commence in early September. All workings will be systematically geologically mapped and channel sampled prior to commencement of the drill program.
VANCOUVER, BC, Aug. 11, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results from the Plomosas Mine Area at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico.
Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson”) and Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth”) are pleased to announce that they have signed a binding agreement (the “Agreement”) pursuant to which Radisson will acquire a 100% interest in Renforth’s New Alger Gold Property (“New Alger”) and enter into a long-term strategic relationship through a 9.6% equity investment by Radisson in Renforth. The relationship aims to leverage regional synergies and unlock significant value for shareholders of both companies from one of the most prospective mining camps in the world.
Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to announce that the 2020 field season is proceeding well and will be moving into the next phase which will include Pad building in advance of the arrival of the drill. The Pad building crew should be on site today and should take a week to get things ready for the drill program to begin.
Renforth Resources Inc. (CSE:RFR)(OTC US:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to let shareholders know we have completed our drill program at New Alger, with a combined total of 1782m drilled in 9 holes, on both the Discovery Veins and in the mine area, as illustrated and described below. Each of these holes has been logged and sampled, in some instances for the entire hole. Generally speaking Renforth views this drill program as a success, with each hole encountering all of the “ingredients” required for the presence of gold, such as biotite or sericite alteration, pyrite and arsenopyrite. Logging is complete, sample splitting and preparation is ongoing, deliveries to the lab have also commenced. Sample results will be released once assays are received.
