Junior exploration roundup: Continental, Regulus, Coro Mining, Mirasol
Continental Gold reported high-grade assay results from 12 stope development drifts as part of the underground construction at its Buriticá project in Antioquia, Colombia.
Results include 2.22m grading 24.75g/t gold and 47.39g/t silver in one stope area. Other results include 4.17m grading 16.17g/t gold and 23.69g/t silver.
Development of the Buriticá project remains on schedule with first gold pour anticipated in 1H20, said the company in a press release.
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Regulus Resources updated its mineral resource estimate for its AntaKori copper-gold project in northern Peru.
Additional drilling data has allowed significant conversion of inferred mineral resources to the indicated mineral resource category as well as the definition of additional inferred mineral resources, said the company in a statement.
Indicated mineral resources are 250Mt grading 0.48% copper 0.29g/t gold and 7.5g/t silver.
Inferred mineral resources are 267Mt grading 0.41% copper, 0.26g/t gold and 7.8g/t silver.
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Coro Mining published an update for the company's Marimaca project in Antofagasta region, Chile. A further batch of 19 RC holes for 5,650m has been completed at Atahualpa, bringing the total to 40 holes for 12,400m, said the company in a press release.
Results from one hole include 80m of copper oxide mineralization averaging 0.51% CuT.
Results from a second hole include 46m of copper oxide mineralization averaging 0.88% CuT.
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Mirasol Resources published assay results from the second program of drilling and initial cyanide extractable gold tests of the mineralization from the La Curva OceanaGold JV in Santa Cruz province, Argentina.
The second program of diamond core and reverse circulation drilling was completed at the project, totaling 3,228m in 17 holes, said the company in a statement.
Nine samples weighing up to 1kg were assayed via the LeachWELL process. Gold recoveries were received from the SouthWest prospect with 93.9% gold recovery achieved from banded epithermal vein style mineralization and an average 69.5% from mineralization style 2, breccia matrix mineralization.
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News in: Mining & Metals (Argentina)
Fortuna Silver to invest over US$60mn in Argentine gold asset this year
The company plans operational improvements and a leach pad expansion, among others, at Lindero in Salta province.
Gold Fields looks to launch operations in Brazil and Argentina
In an interview with the Peruvian Institute of Mining Engineers, an executive also highlighted the plans for Peru and Chile.
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