Articles Tagged "sonora"

SilverCrest has announced agreement with Macquarie Bank Limited

SilverCrest Mines Inc. declared that it has reached agreement with Macquarie Bank Ltd. on a US$12.5 million debt facility to finance the development of its Santa Elena Project in Sonora, Mexico. J. Scott Drever, President stated: These financial arrangements with Macquarie Bank are extremely important to our plans for the development of the Santa Elena [...]

Kootenay step out holes include 6m at 603g/t silver eq

Kootenay Gold (CVE:KTN) reported today on 5 drill holes at the Promontorio project in Sonora State, Mexico.  Three of the step out holes contained high grade mineralization 1600 meters from the main PIT discovery zone.  Jim McDonald, Kootenay’s CEO is quoted as saying: This structure can be traced for at least 2 kilometers northwest of [...]