Articles Tagged "TSXV:SOP"

Source Exploration Preliminary Metallurgical Test Work for Las Minas Project Indicates 89% Gold

Gold – Source Exploration Corp. (TSXV:SOP,FWB:4QW) released preliminary metallurgical test work results from the Las Minas gold-silver-copper project in Veracruz State, Mexico. Results indicating recoveries of 95% copper, 89% gold and 84% silver, which included flotation testing and was undertaken by ALS Metallurgy of Kamloops, British Columbia, Canada.

Source Exploration Preliminary Metallurgical Test Work for Las Minas Project Indicates 95% Copper

Copper – Source Exploration Corp. (TSXV:SOP,FWB:4QW) released preliminary metallurgical test work results from the Las Minas gold-silver-copper project in Veracruz State, Mexico. Results indicating recoveries of 95% copper, 89% gold and 84% silver, which included flotation testing and was undertaken by ALS Metallurgy of Kamloops, British Columbia, Canada.

Source Exploration Preliminary Metallurgical Test Work for Las Minas Project Indicates 84% Silver

Silver – Source Exploration Corp. (TSXV:SOP,FWB:4QW) released preliminary metallurgical test work results from the Las Minas gold-silver-copper project in Veracruz State, Mexico. Results indicating recoveries of 95% copper, 89% gold and 84% silver, which included flotation testing and was undertaken by ALS Metallurgy of Kamloops, British Columbia, Canada.

Brian Robertson of Source Exploration: ‘Drilling Towards NI 43-101 Resource’

Gold – Brian Robertson, president and CEO of Source Exploration, discusses his company's Las Minas project and what it is like working in Mexico. "What we have at Source is a company that has been very successful in a number of areas. We have raised over $2 million in a very difficult junior resource market, we have drilled 4,000 meters, we have excellent people within the company and it is those companies with those attributes that will survive," he said.

Source Exploration Reports New Discovery at Las Minas, Intercepts 5.74 G/t Gold Eq Over 17 Meters

Gold – Source Exploration (TSXV:SOP,FWB:4QW) reported it has found a new highly mineralized zone as a result of recent drilling at the Nopaltepec target at its Las Minas property. One discovery hole included intercepts of 5.74 grams per tonne of gold equivalent over 17 meters, including 5 meters grading 13.7 grams per tonne equivalent and containing 1 meter grading 35.02 grams per tonne of gold equivalent.

Source Exploration Reports Additional Step-Out Drill Results from El Dorado/San Juan Zone at Las Minas

Gold – Source Exploration (TSXV:SOP,FWB:4QW) reported that additional step-out drilling results from the El Dorado / Juan Bran zone at its Las Minas property continue to expand the down-dip and strike extensions within the zone. Some highlights include the following results: 2.63 g/t Au Eq across 10.0 metres, within 1.83 g/t Au Eq over 17.0 metres; 4.74 g/t Au Eq across 19.7 metres, within 3.59 g/t Au Eq over 27.7 metres; and 3.57 g/t Au Eq across 20.0 metres.

Source Exploration Extends Mineralized Zone at Las Minas by 650m Down-dip

Gold – Source Exploration Corp. (TSXV:SOP,FWB:4QW) reported that the mineralized zone at the Las Minas gold project in Mexico has been extended. It now extends approximately 650 metres down-dip, with initial step-out drilling linking the flat dipping Eldorado/Juan Bran zone with earlier drilling completed in 2011 further south. Highlights include intersections of 22.0 metres grading 2.00 g/t Au Eq, 14.0 metres grading 4.01 g/t Au Eq, and 14.3 metres grading 3.59 g/t Au Eq.

Source Exploration Extends High-grade Mineralization at Las Minas

Gold – Source Exploration Corp. (TSXV:SOP) reported that high-gradfe mineralization on strike and to depth has been extended, during step out drilling at the Santa Cruz target of the Las Minas gold project in Mexico. Hole LM-15-SC-16 was drilled to extend the high-grade mineralization in hole LM-12-SC-54 to depth, and intersected 6.54 g/t gold equivalent over 14.0 metres, contained within 24.0 metres grading 4.30 g/t gold equivalent. According to CEO Brian Robertson, these results "bode well for the development of a maiden mineral resource estimate."

Source Exploration Extends Options for 2 Las Minas Concessions

Gold – Source Exploration Corp. (TSXV:SOP) has extended its option agreement for the Pueblo Nuevo and La Luz 1 concessions, at its Las Minas property, for two years. The new agreement extends the term to May 3, 2017, under the following terms: US $12,500 cash consideration and US $12,500 in common shares of Source upon acceptance of the TSX Venture Exchange; US$12,500 cash and US$ 12,500 in common shares of Source on April 22, 2016; and a reduced US$150,000 final option payment extended to May 3, 2017.