Mexico and Colombia
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Junior exploration roundup: Pacifico, Orex, Alamos

Bnamericas Published: Wednesday, January 27, 2016

Australian miner Pacifico Minerals disclosed exploration details at its Berrio gold project in Antioquia, Colombia.

Work is scheduled to start on a 2,000m, 15 drill hole diamond drilling program from 10 platforms to pinpoint three targets at the property, according to a statement. Personnel have inspected the drill sites and logistics management is underway, the company said.

***

Vancouver-based Orex Minerals released exploration results at its Sandro Escobar silver project in Durango, Mexico.

Highlights of diamond drilling by contractor Kluane Drilling at the 6,976ha property, a JV with fellow Vancouver miner Canasil Resources, included 61m of 359g/t silver, the company said. The samples were analyzed by SGS Minerals Services.

***

Toronto's Minera Alamos announced a resource estimate at its Los Verdes North copper-molybdenum project in Sonora, Mexico.

Indicated resources at the 1,070ha property total 959,000t of 0.72% copper, 0.09% molybdenum and 10.3g/t silver, while inferred resources total 140,000t of 0.33% copper, 0.10% molybdenum and 8.8g/t silver, the company said in a statement. Resources, which add to the company's Los Verdes South deposit, were calculated at a 0.50% copper cutoff grade, it said. Alamos plans to update a preliminary economic assessment in the first quarter.

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