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With the acquisition of the Ana Paula Properties, Newstrike Capital now controls a 100 per cent interest in over 160,000 strategic hectares in the Guerrero Gold Belt (GGB). The company manages their land position under two contiguous projects – Aurea Sur and Aurea Norte – which are divided geographically by the east-westerly trending Balsas River. The Aurea [...] Gold is relatively scarce in the earth, but it occurs in many different kinds of rocks and in many different geological environments. Though scarce, gold is concentrated by geologic processes to form commercial deposits of two principal types: lode (primary) deposits and placer (secondary) deposits. Lode deposits are the targets for the “hardrock” prospector seeking gold [...] Mexico’s February mining output showed big gains in gold, silver and lead, with overall production 33% higher than in the year-ago month, the National Statistics Institute said Friday. Gold production rose to 4,591 kilograms in February, the institute, known as Inegi, said, from 1,444 kilograms a year earlier. Silver output rose to 225,516 kilograms from 81,114 kilograms, [...] |
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