Tag: peru

Eloro Resources Intersects 7.31 g Au/t over 3.4m in Upper Part of Major Epithermal System in First Reconnaissance Drilling at La Victoria Au Project, Peru

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V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru.  Figure 1 is a plan map showing locations of the drill holes and hole traces.    Holes ERU-01, -02, -03, -04 and -09 are on a NE-SW cross section approximately 800m long.  Holes ERU-06, -07 and -08 are on a parallel cross section 500m long approximately 100m north of the first section. Significant values are shown in Table 1 below.  Highlights include (all core lengths): read more

Sierra Metals Announces the Appointment of Alberto Beeck as Advisor and Alejandro Perellón as Observer to its Board of Directors

MotherlodeTV

Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce the appointment of Mr. Alberto Beeck as an Adviser to its Board of Directors and Mr. Alejandro Perellón as an Observer to its Board of Directors, both effective immediately.  read more

Sierra Metals reports positive drilling results on wide high-grade structures from the Cuye Zone at the Yauricocha Mine, Peru

MotherlodeTV
T.SMT, Sierra Metals
Figure 1 - Yauricocha Mine (CNW Group/Sierra Metals Inc.)
  • Current Drilling program at the Cuye Zone reflects high grade Polymetallic and Copper mineralization which continue and remain open to depth
  • 11 holes have been completed to date from the 1070 level in the Cuye area
  • Copper sulphide mineralized areas have been defined containing widths of more than 45 meters which remain open at depth
  • Mineralized areas noted in core identified large dioritic intrusive inclusions which suggest wider orebodies exist
  • Drill hole 10 intercepted over 75 meters of continued high grade polymetallic and copper mineralization and included a 15-meter intercept of polymetallic mineralization followed by a 44-meter copper sulphide intercept
  • Drilling program also intercepted low-grade disseminated copper mineralization in the intrusive formation, which opens a new exploration concept not explored or known before at Yauricocha

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Eloro Resources Grants Stock Options

MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO)(FSE:P2Q) (“Eloro”) announces the grant of options to consultants to purchase an aggregate of 200,000 common shares of Eloro, exercisable at $0.87 per share at any time on or before November 30, 2022. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant. read more

Sierra Metals Announces Filing of NI 43-101 Technical Report on the Yauricocha Mine in Peru

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T.SMT, Sierra Metals

Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has filed a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the Yauricocha Mine (the “Report”).  The Report supports the disclosure made by the Company in its news releases dated September 28, 2017 entitled “Sierra Metals Significantly Increases Mineral Resource Estimate for Yauricocha Mine, Peru.” and dated October 26, 2017 entitled “Sierra Metals Significantly Increases Mineral Reserve Estimate for Yauricocha Mine, Peru.”  There are no material differences in the mineral reserves and resources contained in the Report from those disclosed in the news releases. read more

Sierra Metals Strengthens Board of Directors with the Appointment of Jose Alberto Vizquerra-Benavides

MotherlodeTV
T.SMT, Sierra Metals

Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce the appointment of Mr. Jose Alberto Vizquerra-Benavides to its Board of Directors effective immediately.  Mr. Vizquerra will also join the Sierra Metals Audit Committee effective immediately replacing Igor Gonzales who is stepping down from the Audit Committee. read more

Tinka more than doubles inferred mineral resources at Ayawilca: 42.7 million tonnes grading 7.3 % zinc equiv., & 10.5 million tonnes grading 0.70 % tin equiv.

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Tinka Resources, V.TK
Zinc Zone Inferred Mineral Resources at Ayawilca as of October 10, 2017 (CNW Group/Tinka Resources Limited)

Tinka Resources Limited (“Tinka” or the “Company“) (TSXV : TK) (OTCPK: TKRFF) is pleased to announce a Mineral Resource update for its 100%-owned Ayawilca zinc- indium-silver-lead sulphide deposit in Peru which includes the addition of ~15,000 metres of drilling completed so far in 2017.  The zinc resource at Ayawilca is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq).  In addition, Tinka announces an updated tin-copper-silver resource estimated to be 10.5 million tonnes grading 0.70% tin equivalent (SnEq).  The Tin Zone and Zinc Zone resources do not overlap.  Both of the Mineral Resources were assigned to the Inferred category and reported at an NSR cut-off value of US$55/tonne, as estimated by Roscoe Postle Associates Inc. (RPA Inc.) of Toronto, Canada.  Drilling beyond the Mineral Resource boundaries is continuing.  read more

Sierra Metals to Release Q3-2017 Financial Results on November 9, 2017

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T.SMT, Sierra Metals

Sierra Metals Inc. (TSX:SMT) (NYSE American: SMTS) (BVL:SMT) (“Sierra Metals” or the “Company”) will release it’s 2017 third quarter consolidated financial results on Thursday, November 9, 2017 after market close. Senior Management will also host a webcast and conference call on Monday, November 13, 2017 at 10:30am EST. Details of the Conference Call and Webcast are as follows: read more