Archive for the ‘Guerrero Gold Belt’ Category
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Newstrike in Mining Weekly: “Mexico Gold Output Seen Topping 100 t/y by ’17 on Hefty New Discoveries”
by Michaela Davies on May 11th, 2012
[caption id="attachment_1026" align="alignleft" width="300" caption="Newstrike CEO Richard Whittall"]
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- Cayden Drills 15.3 Meters of 7.3 G/T AU at the Morelos Sur Gold Project in Guerrero by Michaela Davies on May 5th, 2011
Cayden Resources Inc. has received results for the first 20 drill holes from the Morelos Sur gold project in the Guerrero State of Mexico. The program was designed to confirm, expand and t...Read More » Tags
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- Los Filos Exploration Success Leads to Increased Gold Production by Michaela Davies on Jan 14th, 2011
Goldcorp has announced 2010 gold production and provided production and cash cost guidance for the 2011 year. The Los Filos mine in Guerrero Gold Belt, currently Mexico's largest gold producer, will once again be a major contributor to Goldcorp's overall production profile in 2011. Los Filos is forecast to increase production by 10% t...Read More » Tags
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- Newstrike Capital’s Featured Project: Ana Paula by Michaela Davies on Jan 4th, 2011
In late June of 2010, Newstrike Capital completed its acquisition of a 100% interest in the Ana Paula mining concessions from Goldcorp Inc. The Ana Paula concessions are central to Newstrike’s 88,000 hectares in the Guerrero Gold Belt and forms part of a district scale mining camp that is host to Torex Gold’s ‘Morelos Project’ and to Read More » Tags
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- Torex Extends El Limon Deposit in Guerrero Gold Belt by ckeddy on Dec 16th, 2010
Torex Gold Resources Inc. announced today that step-out drilling on the El Limon deposit at the Company's Morelos Gold Project in Mexico has intersected high grade gold mineralization outside the known resource area and extended the deposit some 250 m to the east and 50 m to the west (e.g. T10-047C - 13.5 g/t Au over 7.5 m including 32.6 g/t Au over 3.0 m, T10-065C - 2.1 g/t Au over 19.5 m including 4.0 g/t ...Read More » Tags
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- Tarsis Announces Drilling in Guerrero by Michaela Davies on Nov 19th, 2010
Tarsis Resources Ltd. has announced that it has commenced an exploration program which includes diamond drilling at its Erika project on the Guerrero-Morelos Platform. A diamond drilling contract for 2,000 meters has been awarded to Landdrill International and drilling is expected to begin within one week. The planned drilling will test for precious metals within a low-sulphidation epithermal environment. I...Read More » Tags
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- Exploration Drives Value at Morelos by ckeddy on Nov 8th, 2010
In a report raising their target for Torex Gold Resources Inc., analysts at Dundee Securities stated that exploration at the Morelos Project in the Guerrero Gold Belt will be the value driver. “We believe there is no shortage of attractive targets to test at Morelos, including the strike and depth extensions of the known deposits along with multiple early stage prospects that have seen only limited work t...Read More » Tags
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- Torex Provides Exploration Update At Morelos Gold Project by Michaela Davies on Oct 28th, 2010
Torex Gold Resources Inc. plans to significantly increase the exploration program at its 100% owned Morelos Gold Project in Mexico. Torex currently has five drill rigs operating on the property and plans to increase that number to a total of eleven drill rigs by early in 2011. The total meterage for the Company's initial drill program on the Morelos property will increase from the planned 56,500 meters to ...Read More » Tags
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- Farallon says excellent results continue from Guerrero by ckeddy on Aug 10th, 2010
Farallon Mining Ltd. announces that exploration efforts at its G-9 mine in Guerrero State, Mexico, continue to provide excellent results. Several new drill holes - all drilled from underground - along with new interpretations of the geology of the G-9 deposit, have led to several new discoveries adjacent to the G-9 mine and opened up the potential for further discoveries going forward. Farallon's ...Read More » Tags
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- Farallon to assess gold mine at Campo Morado by ckeddy on Jun 29th, 2010
Based upon the rapid rise in gold prices, Farallon Mining said it is planning a second mine at its Campo Morado property in Guerrero Sate in Mexico The Company is formally initiating studies to re-evaluate the Reforma, Naranjo, El Largo and El Rey deposits to assess the feasibility of building a second mine with a target start date of July 1, 2013. Indicated resources for the Reforma, El Rey, Naranjo and El Largo deposits total 11.2 million ton...Read More » Tags
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- Goldcorp’s divestitures build emerging Juniors by ckeddy on Jun 8th, 2010
Goldcorp Inc. recently announced that it had entered agreement to sell the San Dimas gold-silver mine in Mexico to Mala Noche Resources Corp. The total purchase consideration of $500 million, consisted of $275 million in cash, $175 million of Mala Noche common shares valued at the...Read More » Tags
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- Mexican Gold Mine Holds Promise For A Beleaguered Country by ckeddy on May 24th, 2010
Canadian-based mining company Goldcorp is playing well south of the U.S. border. Why else would Mexican President Felipe Calderon attend Goldcorp's (GG) recent opening ceremony for a new mine in Penasquito? The president lauded Goldcorp for its $1.7 billion investment and for creating thousands of jobs. Once fully operational, the mine in the north-central region will be Mexico's largest. What's good for Me...Read More » Tags
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- Activity increases in Guerrero Gold Belt by ckeddy on Apr 27th, 2010
Gleichen Resources Ltd. has announced that drilling is underway at its 100% owned Morelos Gold Project in Mexico, with its first exploration hole nearing completion. Gleichen intends to ramp up its program through the addition of one rig every two months to reach a total of up to four drill rigs actively working on the property this year. Initial results are expected to become available...Read More » Tags
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- GOLDCORP Delivers Record Gold Production by Michaela Davies on Jan 13th, 2010
GOLDCORP INC. announced record gold production for the 2009 year of over 2.4 million ounces, exceeding guidance that had been previously revised upward from 2.3 million ounces. Fourth quarter 2009 gold production totaled 601,000 ounces. The Company commented that the Los Filos mine is expected to remain the largest gold producer in Mexico in 2010. The mine will be an important driver of Goldcorp's growth a...Read More » Tags
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- Cayden Drills 15.3 Meters of 7.3 G/T AU at the Morelos Sur Gold Project in Guerrero by Michaela Davies on May 5th, 2011





