COLIBRI CONFIRMS NEW DRILL TARGETS ON PILAR PROPERTY USING 3D MODELLING SOFTWARE

Click to access article_11142017113652.pdf

DIEPPE, N.B., November 14, 2017 (CBI: TSX-V) Colibri Resource Corporation (“Colibri”) is pleased to announce that it has created and confirmed a model to delineate drill targets on the Pilar property.
Colibri hired international consultant and geologist PJ Lafleur to work with Hector Mendivil, a 3D software (ArcGIS TARGET) specialist in Hermosillo. Under Colibri’s country manager and geologist, Jackie E. Stephens, a model was created pertaining to the existing 2 gold trends on the Pilar Gold Project.
Stephens, a graduate-student of the University of Arizona under Dr. John Guilbert, with 50 years of world-wide mineral exploration experience, has determined several new drill-targets at the Pilar.

Sable Resources Ltd – Announces Proposed Acquisitions of BlueJoint Resources Inc. and Western Canada Greenfields Group Inc.

sable announces proposed acquisition of blue joint resources

November 2, 2017 (Toronto, Ontario): Sable Resources Ltd. (“Sable” or the “Company”) (TSXV: SAE) is pleased to announce that it has entered into definitive agreements dated as of October 31, 2017 (the “Master Agreements”) providing for the acquisitions (the “Acquisitions”) by Sable of BlueJoint Resources Inc. (“BlueJoint”) and Western Canada Greenfields Group Inc. (“WCG”). Each of BlueJoint and WCG are private companies engaged in mineral exploration activities. The Acquisitions are subject to the satisfaction or waiver of certain customary closing conditions, including the approval of the TSX Venture Exchange (“TSXV”) and approval by shareholders of each of BlueJoint and WCG.

BlueJoint systematically explored 1.74 million hectares in 10 target areas considered highly prospective and underexplored for precious metal epithermal mineralization in Mexico. This systematic exploration consisted of 10,623 high-density stream sediment samples, 1636 rock samples and 1,122 soil samples as well as geologic mapping and mineral occurrence reviews. This work generated 143 new, previously unknown targets of which 96 await evaluation, 26 have been recommended for further work and two targets; Vinata and El Escarpe are drill ready and have completed independent technical reports prepared in compliance with National Instrument 43-101 (“NI 43-101”). Sable will acquire 100% of the mineral rights that cover these targets consisting of five mineral applications and one mineral title.

Discovery Metals Announces High-Grade Sampling Results at La Kika Project

Click to access 2017-11-08_nr.pdf

November 8, 2017, Toronto, Ontario – Discovery Metals Corp. (TSX-V: DSV) (“Discovery” or the “Company”) is pleased to announce panel and channel sampling results from its La Kika Project (“La Kika”) in northern Coahuila, Mexico. La Kika was mined historically, although the timing of past mining is unknown. The project has not seen any modern exploration or drilling. La Kika hosts near-surface, high-grade silver-lead-zinc carbonate replacement mineralization hosted in limestone. Numerous prospect pits are scattered over a 200m by 200m area and there are also historic workings 600m northeast of these primary workings. Mineralization in the underground is hosted in subhorizontal mantos and subvertical chimney-like structures consisting of massive oxides of Zn, Pb, Ag and Cu, lying within a prominent, north-south-trending envelop of limestone clast breccia, cemented by oxides of Zn, Pb, Ag and Cu. The breccia zone is open to the north, south and between the workings.

New Regional Exploration Results Drive Accelerated Drilling Program

Click to access 091117-Alfonsitos-Results-Accelerate-Dilling-FINAL2.pdf

Consolidated Zinc Limited (ASX:CZL) has discovered further high-grade zinc mineralisation 2.5km along strike from the Plomosas underground mine at its project in northern Mexico.
First pass rock chip sampling at the Alfonsitos prospect returned exciting results with grades up to 18.53% and 24.34% Zn+Pb from workings and 15.05% Zn+Pb from outcrop.
Alfonsitos is the first of several prospects identified by reconnaissance exploration and geophysical surveys previously reported to the ASX in November 2016.
“The ongoing regional exploration in proximity to the existing underground mine continues to reveal promising results,” Managing Director Will Dix said.
“The Alfonsitos area, located north west of the current Plomosas mine, has the same geological setting to the mine itself and displays a similar style of mineralisation at surface. This provides further encouragement that there is potential for significant new discoveries and additional resource tonnes at Alfonsitos and within the existing tenement portfolio.

Southern Silver Intersects High-grade Massive Sulphides in Final Drill Hole at Cerro Las Minitas

http://www.newsfilecorp.com/release/30243/Southern-Silver-Intersects-Highgrade-Massive-Sulphides-in-Final-Drill-Hole-at-Cerro-Las-Minitas#.WgCWw2jWzIU

Vancouver, British Columbia–(Newsfile Corp. – November 6, 2017) – Southern Silver Exploration Corp. (TSXV: SSV) (“Southern Silver”) reported today that it has intersected high-grade massive sulphides in the final hole of the 2017 exploration program at the Cerro Las Minitas project. The massive sulphide intercepts were contained within a broader mineralized zone in drill hole 17CLM-106 that supports continuity within the newly defined Skarn Front.

Highlight intercepts from drill hole 17CLM-106 include:

  • a 2.5m down hole interval (2.1m est. True Thickness) averaging 88g/t Ag, 0.2% Pb and 10.3% Zn (465/t AgEq; 13.1% ZnEq including a higher grade 0.8m interval (0.7m est. TT) averaging 181g/t Ag, 0.4% Pb and 21.9% Zn (988g/t AgEq; 27.9% ZnEq); and
  • a 1.8m down hole interval (1.5m est. TT) averaging 30g/t Ag, 0.1% Cu, and 20.7% Zn (782g/t AgEq; 22.1% ZnEq);

Riverside Resources Partner Centerra Gold Advances Glor Property with Funded Program and Preparatory Drilling Work

http://www.rivres.com/index.php/news/2017-news/337-riverside-resources-partner-centerra-gold-advances-glor-property-with-funded-program-and-preparatory-drilling-work

November 1, 2017 – Vancouver, BC: Riverside Resources Inc. (“Riverside” or the “Company”) (TSX-V: RRI), is pleased to announce an update of the exploration work being done at the Glor Gold Project (the “Project”) in Sonora, Mexico. Positive results obtained by Riverside’s summer program of geological mapping and rock sampling (up to 14.4 g/t Au) have encouraged partner, Centerra Gold Inc. (“Centerra”), to work up additional geophysical and extensive soil geochemistry surveys designed to focus the selection of drill targets in the central part of the Project. Centerra has been funding exploration at Glor since August, 2016, having entered into an option agreement with Riverside to earn a 70% interest in the Project (see press release, July 26, 2016). The ultimate goal of go-forward exploration and drilling programs at Glor is to discover a gold deposit amenable to open-pit mining with heap leach processing; similar in nature to the multi-million ounce deposits being mined in this same part of Sonora at the El Chanate, San Francisco and La Herradura gold operations.

Golden Goliath – San Timoteo Preliminary Report 2017

http://www.goldengoliath.com/2017/10/31/san-timoteo-preliminary-report-2017/

Vancouver, Canada,  October 31, 2017

Golden Goliath Resources Ltd. (TSX.V: GNG) (US:GGTH-F)

The Company is pleased to announce that it has now received the preliminary report from the 2017 work program on its 100% owned San Timoteo property, located in Chihuahua, Mexico. The program was carried out by a very experienced, independent consulting geologist with intimate knowledge of the property. The program was an expansion of the work conducted in 2016, but with a focus on structural geology and mineralization.  It was designed to strengthen and increase the number of drill targets to be tested in the next major drilling program that will include surface and underground drilling to test targets property wide.

This extensive review of all property data concluded that there are several strong systems of mineralized structures across the San Timoteo property, principally controlled by faults and fractures. Mineral associations include Au – Zn, Au – Ag – Pb – Zn and Cu – Au.  Apart from the already defined gold and silver targets in the Old San Martin Level 5 tunnel, the work also identified the potential for a Copper – Gold porphyry system beneath an area call La Bufa.  Early drilling in the La Bufa area showed increasing gold and copper grades with depth, but deeper drilling was not conducted at the time.

Excellent drill targets have already been defined by geochemistry in the 500 meter long Number 5 level of the past producing San Martin mine, which is located on the San Timoteo property.  Extensive underground rock, chip and channel samples defined three well mineralized shoots, as well as a mineralized “manto” or blanket horizon, exposed within the tunnel. The current structural geology study of this area will help guide the next round of drilling.

DRILLING COMMENCES AT ALACRÁN

Click to access 1726869.pdf

KEY POINTS:
• Approximately 5,000m of diamond drilling planned with 3 drill rigs operating
• High priority drill targets include Loma Bonita – Cerro San Simon and Cerro
Colorado
Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to advise that project operator Minera Teck S.A. de C.V. (Teck), a 100% owned subsidiary of Canada’s largest diversified resource company, Teck Resources Limited, has commenced a drilling campaign on the Alacrán Project (“Alacrán” or “project”).
To date in 2017, Teck has conducted exploration comprising geological mapping, surface sampling and geophysical (Induced Polarisation (IP)) surveys, with most activities focused in the western half of the property. This work has identified two high priority targets (see Figure 1 for target locations) which warrant drilling. Three diamond drill rigs have now mobilised to site to drill about 5,000m.
One target is the extension of the Loma Bonita silver-gold deposit towards Cerro San Simon. This 1km long corridor has been identified by re-modelling and interpretation of Azure’s 2016 IP survey and coincident anomalous geochemistry from rock chip and soil sampling which suggests potential for epithermal mineralisation

ALIX DEFINES LITHIUM TARGET OVER 2.5 KILOMETER STRIKE LENGTH ON THE AGUA FRIA PROJECT, SONORA MEXICO

http://www.alixresources.com/index.php?page=news&id=1241

October 16th, 2017, Vancouver, BC, Canada –ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces that Perth-based lithium processing technologist, Lithium Australia NL (ASX: LIT)(“LIT”) has moved to a 54% controlling stake in the Electra lithium project in northwest Mexico. The project comprises the Tecolote, Tule, and Agua Fria concessions and is currently the subject of a farm-in and joint venture between Alix and LIT. LIT has the right under the JV terms to earn an ultimate 65% holding in Electra. Lithium Australia moved to the majority 54% ownership on completion of a recent drilling program.

This generated confirmation of a new 2.5 km-long, 25-50 m-thick mineralized zone lying on the western flank of the Agua Fria concession in what the JV partners described as the project’s best discovery yet.

The terms of the acquisition of the joint venture for the Stage 3 earn-in are described in the table below.  LIT was requested by Alix the Stage 3 Joint Venture earn-in be accessed early to ensure the maiden drill campaign was not implement for lack of funds.  All other terms of the Joint Venture Agreement remain fully enforceable.

Colibri Reports Mapping and Sampling Conducted on the Eveyln Gold Project

http://www.newsfilecorp.com/release/29612/Colibri-Reports-Mapping-and-Sampling-Conducted-on-the-Eveyln-Gold-Project#.Wd-KTmjWzIV

Dieppe, New Brunswick–(Newsfile Corp. – October 11, 2017) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce the release of a report by Dr. Jonathan Nourse, Professor and Chair of the Geological Sciences Department at the California State Polytechnic University in Pomona, California.

Dr. Nourse’s report summarizes results of his reconnaissance including geological mapping, rock chip sampling and structural investigations conducted on the 506 hectare Evelyn property. Dr. Nourse walked approximately half of the property and focused on sampling and mapping endeavors on outcrops that had quartz veins with hematite. In addition to several isolated occurrences of anomalous gold, his work identified three important gold-bearing zones (described below) that yielded multiple assays between 0.5 and 26 grams per ton Au.