THUNDER BAY, Ontario, Nov. 16, 2017 -- Mexican Gold Corp. announces that Palisade Global Investments Ltd. has exercised 3,333,000 non-transferable common shares purchase warrants of Mexican Gold Corp. The common shares of Mexican Gold were issued pursuant to the terms of the warrant certificates issued by the Company in connection with a financing completed in February of 2017. The warrants were exercised at a price of [...]
THUNDER BAY, Ontario, Nov. 15, 2017 -- Mexican Gold Corp. is pleased to announce that it has commenced infill and resource expansion drilling to extend the three high–grade zones intersected in recently completed hole LM-17-ED-40. Hole LM-17-ED-40 was drilled as a resource expansion hole and intersected three high-grade intervals over significant widths. The hole cut a cumulative 94.35 meters of high-grade [...]
THUNDER BAY, Ontario, Nov. 14, 2017 -- Mexican Gold Corp. is pleased to announce that assay results have been returned for resource expansion Hole LM-17-ED-40 at its Las Minas property, first announced as mineralized over 77.2 meters – see press release October 16, 2017. The assay results returned a cumulative 94.35 meters of high-grade mineralization over three zones. The main zone, which is the largest of the [...]
Mexican Gold is pleased to announce the preliminary results of geophysical surveys at its Las Minas project, Veracruz State. The Company engaged Geotem Ingenieria S.A. de C.V. of Mexico City to complete approximately 50 line kilometres of ground magnetic and 15 line kilometres of Moving Loop Time Domain Electromagnetic (TDEM) programs at the El Dorado / Juan Bran, Cinco Senores and Las Minillas mineralized zones [...]
Mexican Gold is pleased to announce that resource expansion drilling has intersected long intervals of strong chalcopyrite, bornite and magnetite mineralization totaling 77.2 m at the El Dorado / Juan Bran zone at its Las Minas property. Hole LM-17-ED-40 intersected a 21 metre interval of chalcopyrite, bornite and magnetite mineralization at a depth of 83.0 metres and continuing to 104 metres. A second interval of 56.2 [...]
Mexican Gold is pleased to announce that step-out diamond drilling at its Las Minas property, Veracruz State, has intersected two intervals of chalcopyrite−bornite−magnetite mineralization in the first hole drilled beyond the current western limit of the El Dorado/Juan Bran zone. Assay results are pending and drilling of the second step-out hole is underway. Diamond drill hole LM-17-JB-19 was drilled as a step-out hole to [...]
Mexican Gold announced today the commencement of the Phase 2 diamond drilling program at its Las Minas property, Veracruz State. The drill program will focus on expanding the resource at the El Dorado/Juan Bran zone and testing new targets identified by geophysical surveys and earlier exploration drilling at the Cinco Senores and Las Minillas zones. Recently completed ground magnetic and Time Domain Electromagnetic [...]
Mexican Gold is pleased to announce the filing of an independent technical report entitled “NI 43-101 Technical Report, Mineral Resource Estimate, Las Minas Gold-Copper Project, Veracruz State, Mexico”. The Technical Report, which is dated September 13, 2017 with an effective date of July 31, 2017, was prepared by John T Boyd Company, Mining and Geological Consultants ("Boyd"), and supports the disclosure contained in the [...]
Mexican Gold announced today the signing of a diamond drilling contract for the commencement of drilling at its Las Minas property located in Veracruz State. The Company has contracted with K.D.L. Mexico S.A de C.V. for up to 3,000 m of diamond drilling. The drill program will focus on expanding known mineralization at the El Dorado/Juan Bran, Cinco Senores, and Las Minillas zones and testing new targets identified by [...]
Mexican Gold is pleased to announce the commencement of its 2017 Phase 2 exploration program at the Las Minas project. Mobilization of a geophysical survey crew has been scheduled and field preparation work is currently underway. The crew will carry out target scale ground magnetic and Time Domain Electromagnetic Surveys (TDEM) at three high priority mineralized zones. The surveys will be undertaken at the Cinco Senores [...]
Mexican Gold is pleased to announce an initial Mineral Resource Estimate for the El Dorado/Juan Bran and Santa Cruz zones at its Las Minas project. The initial Mineral Resource Estimate is for two of the eight known zones of mineralization at Las Minas and data generated from 19,636 metres of drilling and 4,247 assays. The two zones remain open for expansion on strike and down dip. Mineral Resource Estimate Highlights [...]
THUNDER BAY, ONTARIO--(Marketwired - July 12, 2017) - Editors Note: There is a graphic associated with this press release. Mexican Gold Corp. (the "Company" or "Mexican Gold") (TSX VENTURE:MEX) is pleased to announce that Geofisica TMC SA de CV has been engaged to complete ground magnetic survey at the Cinco Senores mineralized zone at Las Minas. The ground magnetic geophysical survey will target potential extensions to [...]