Canadian-based, Mexico-focused GR Silver Mining has temporarily paused field work on the Plomosas silver project in Sinaloa, Mexico, to allow time for the government to increase security and stability in the region. On March 3, the miner announced the commencement of a step-out drilling program aiming to expand the San Marcial mineralization footprint by as much as 350 meters northwest…
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Coeur to acquire concessions near Palmarejo mine
Coeur Mining subsidiary Coeur Mexicana has signed a purchase agreement with a subsidiary of Fresnillo to acquire mining concessions adjacent to the Palmarejo gold-silver complex in the state of Chihuahua, Mexico, for US$25 million in cash. “This transaction fills in two key strategic gaps in the large land package east of the Palmarejo mine, which unlocks significant potential in areas…
Read MoreRevival Gold gets ‘impressive’ resource update for Beartrack-Arnett
Revival Gold, which has been working to advance the Beartrack-Arnett gold project in Idaho, recently released drill results for the property that were completed by consultant firm Wood. The updated mineral resource report revealed an Indicated Mineral Resource of 65 million tonnes at 1.01 g/t gold containing 2.11 million ounces of gold, an increase of 56% over the 2020 Indicated…
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