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Tag: silver deposits

American CuMo Purchases Significant Patented Claims for CuMo Project, Provides Update on Financing and Announces Upcoming Drill Programs

American CuMo Purchases Significant Patented Claims for CuMo Project, Provides Update on Financing and Announces Upcoming Drill Programs

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has completed an option to purchase agreement for thirty-six (36) patented mining claims, covering an area of approximately 640 acres adjacent to the CuMo Project. Patented claims contain the surface rights as well as

Arizona Mining Releases Robust PEA: 42% After-Tax IRR, 1.7 Year Payback

Arizona Mining Releases Robust PEA: 42% After-Tax IRR, 1.7 Year Payback

Arizona Mining (TSX:AZ) is pleased to announce results from its Preliminary Economic Assessment (“PEA”) and a mineral resource update for its Taylor zinc-lead-silver sulfide deposit located on the 100%-owned Hermosa Project in Arizona. Based on current projections, the Company is targeting first production from a proposed 10,000 ton per day

Arizona Mining’s Updated Metallurgical Test Work For Hermosa-Taylor Sulfides Shows Increased Recoveries For Zinc, Lead And Silver

Arizona Mining’s Updated Metallurgical Test Work For Hermosa-Taylor Sulfides Shows Increased Recoveries For Zinc, Lead And Silver

Arizona Mining (TSX:AZ) is pleased to announce the results of extensive metallurgical test work on the Taylor zinc-lead-silver sulfide mineralization from its 100%-owned Hermosa Project in Santa Cruz County, Arizona. The metallurgical test program was completed by SGS Lakefield’s metallurgical laboratory in Ontario, Canada, using separate lead and zinc

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC (“Poly”), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with

Arizona Mining Drills 21.5 ft of 17.1% Zinc at Hermosa

Arizona Mining Drills 21.5 ft of 17.1% Zinc at Hermosa

Arizona Mining (TSX:AZ) has released the results of three exploration drill holes from its current program on the Taylor zinc-lead-silver sulphide deposit located on its 100-per-cent-owned Hermosa project in Santa Cruz county, Arizona. This brings the total number of drill holes reported in the 2016-2017 program to seventy (70). The

American CuMo acquires 20 claims next to CuMo project

American CuMo acquires 20 claims next to CuMo project

American CuMo Mining Corporation’s (TSXV:MLY,OTCPINK:MLYCF) wholly owned subsidiary, Idaho CuMo Mining Corp., has purchased from a group of local prospectors 20 unpatented mining claims, covering an area of approximately 400 acres, adjacent to the CuMo project. The consideration payable for the claims was a onetime payment of the issuance of

American CuMo Mining signs Binding Memorandum of Understanding for Strategic Financial Partnership

American CuMo Mining signs Binding Memorandum of Understanding for Strategic Financial Partnership

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) is pleased to announce that it, together with its subsidiaries, Poly Resources LLC (“Poly”) and Idaho CuMo Mining Corporation (“Idaho CuMo”), has entered a strategic financial relationship with Millennia Minerals Pte Ltd. (Singapore) (“Millennia”) initially through a binding Memorandum of Understanding (the “MOU”) outlining the

SLAM Acquires Property Adjacent To The No. 12 Mine

SLAM Exploration (TSXV: SXL) (“SLAM” or the “Company”) is pleased to announce it has acquired 5 mineral claims covering 1350 hectares of land known as the Connector Property.  These claims connect the former producing Brunswick No. 12 and No. 6 mines owned by Glencore and located in the Bathurst Mining

Northern Vertex Moss Mine Procurement and Construction Update

Northern Vertex Moss Mine Procurement and Construction Update

February 2, 2017, Vancouver, B.C. – Northern Vertex Mining Corp (TSXV:NEE) is pleased to provide an update on mine procurement, construction, permitting and exploration activities at the company’s 100 % owned Moss Mine gold-silver project, located in the historic Oatman Mining district in NW Arizona.

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