Drill results coming for the Cecilia Project; Transaction with Canada assets; Expanding the Canadian portfolio; New partnerships in 2021; BHP Copper program progressing – Exploration agreement extended for a fully-funded 3rd year; Progressing with Hochschild Mining (5 yrs / US$8M) at Los Cuarentas Project; +$3.5M in cash; Less than 69M shares outstanding

Magna Gold Reports Q1 2021 Operating Results

Mr. Arturo Bonillas, President & CEO of Magna commented, “We are extremely proud of our progress at San Francisco – our team has made considerable progress during ramp-up and we are well on our way to establishing San Francisco as a stable free cash flow generator.”

Canasil Reports 5.9 g/t Gold and 404 g/t Silver (832 g/t AgEq*) over 0.57 m at La Esperanza Silver-Gold Project in Durango and Zacatecas States, Mexico

Bahman Yamini, President and CEO of Canasil commented: “The results from the initial drill holes on the southeast extension of the La Esperanza vein along strike and to depth confirm that the vein structure can be located as projected in a previously blind zone, and represent a significant increase to the overall mineralized envelope as previously reported.”

Xali Gold Corp. – Permits Applied for Mexico Mines Tailings Project

“We are very excited with the work that SRG has completed to advance the Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “There have been some delays due to government closures during the COVID pandemic, but the project is now moving forward and we are very excited to the re-processing getting into operation.”

Silver Spruce Signs LOI on 1,057-hectare Diamante Au-Ag Concessions, Sonora, Mexico – historical assays to 39.8 gpt Au and 3,460 gpt Ag

“We recently conducted our due diligence visit to Diamante and, pending the final report, anticipate signing a definitive agreement shortly. On execution, we propose to conduct ground truthing of the Au-Ag systems with geological, spectral and LiDAR mapping, rock sampling and preparation of an environmental report, and are planning for a first-ever drilling program at Diamante within a few months.”

VanGold Closes El Cubo Acquisition

VanGold Director Hernán Dorado said: “Now we begin the process of re-commissioning the El Cubo mill. It remains the Company’s intent to begin processing mineralised material at the mill from our El Pinguico and El Cubo operations by Q4, 2021.”

Ridgestone Highlights IP Anomaly and High-Grade Copper at Rebeico

Jonathan George, Ridgestone’s CEO and Director, commented, “The IP and resistivity survey has outlined a strong anomaly which is very pronounced at the Elena concession. Given the significant copper intersected from drilling on the New Year Zone and Alaska Vein, in addition to the high-grade surface samples from the Elena concession, we are highly encouraged about the potential for a significant copper system at Rebeico.”

Consolidated Zinc – Plomosas Plant Commissioning Update

Brad Marwood, Managing Director of CZL advised “The Plomosas operation and project teams have produced excellent work in a difficult environment impacted by the COVID-19 pandemic, a severe winter storm across Texas and northern Mexico closing the USA and Mexico roads and ground traffic for days at a time.”

Telson Reports Campo Morado Q1 2021 Production

Ralph Shearing, Telson CEO and President, stated “These strong first quarter results continue to reflect our steady progression of improving the throughput and recoveries at Campo Morado. To this end, management intends to initiate a rigorous metallurgical testing program to advance through second phase testing the Leachox Process of Maelgwyn Mineral Services and the Albion Process of Core Group, both of which returned positive test results in first phase testing.”

Tocvan Samples 4.5 g/t Au and 735 g/t Ag in Channel Sample at New Triple Vein Zone. Sampling at 4 Trench Extension Returns 19.9 g/t Au in Channel Sample

“The results released today confirm the new vein corridors recently identified by mapping are mineralized and carry similar grade to our Main Zone,” commented VP Exploration, Brodie Sutherland. “Our next phase of drilling will begin later this month. Not only do we have follow-up work to continue at our Main Zone with the recent surface exploration results we have no shortage of targets to test, especially along the 4 Trench Extension and the new Triple Vein Zone.”

Alien Metals Ltd. – High-Grade Silver up to 734g/t and 1.9% Zinc Encountered at New Extension to San Celso Silver Project, Mexico

“We are very pleased with the results of this sampling and mapping program, which are greatly encouraging for the potential of the project. We were particularly pleased to see that the results confirm our interpretation that there is a continuation of silver and base metals mineralisation and historic mining within the Nueva Andromeda permit area, with the total strike length now increased by a further 20-30% for the San Celso Project.”

Silver Tiger Intersects 5.6 meters Grading 1,010.3 g/t AgEq Within 14.2 meters of 519.5 g/t AgEq in the Benjamin Vein

Silver Tiger’s CEO, Glenn Jessome, stated, “The first drill holes following up on the discovery of the Benjamin Vein in January have delivered wide zones of high grade silver mineralization. The discovery on the Benjamin Vein is located 1.25 kilometers north of the discovery announced in February of the high grade Footwall Zone in the Sooy Vein, with both discoveries in the Flat formation kilometers apart. The Benjamin Vein appears to be the northern extension of the Sooy Vein.”

Drill results coming for the Cecilia Project; Transaction with Canada assets; Expanding the Canadian portfolio; New partnerships in 2021; BHP Copper program progressing – Exploration agreement extended for a fully-funded 3rd year; Progressing with Hochschild Mining (5 yrs / US$8M) at Los Cuarentas Project; +$3.5M in cash; Less than 69M shares outstanding

Great Panther Reports First Quarter 2021 Production Results

“Our safety protocols are being meticulously executed in order to protect our workforce and the communities that we operate in. As previously stated, the first quarter was planned to be a low production quarter due to heavy stripping. Production is expected to ramp up quarter-over-quarter for the remainder of the year as mining progresses into sectors with lower strip ratios.”

Sonoro Gold Increases Unit Private Placement to $3.0 Million

Kenneth MacLeod, President and CEO of Sonoro, stated, “The proceeds from the increased private placement will enable our technical teams to complete additional drilling, increasing the results available for consideration in an updated resource estimate, and additional scientific field work and geological structural analysis which will be incorporated into the 43-101 technical report being prepared by Micon International.”

McEwen Mining: Additions to Senior Management

McEwen Mining Inc. is pleased to announce two senior management additions: Stephen McGibbon has joined as the Executive Vice President of Exploration; and Ruben Wallin has joined as the Vice President of Environment, Health, Safety & Sustainability.

Aztec Appoints Vice President, Exploration

Aztec Minerals Corp. has appointed Allen David V. Heyl, B.Sc., CPG, to the position of Vice President, Exploration. Mr. Heyl brings to Aztec more than 38 years of experience in the mining industry, including senior corporate and technical positions with both major mining companies and junior exploration companies, working mostly in the Andean countries of South America and in North America.

Zapata Exploration Ltd. was created in 2020 by exploration strategist Chris Osterman, and exploration geologist Raul Diaz. We have Copper and Gold projects in Mexico and our headquarters in Canada. With over 3 decades of experience in the field, the discovery and development of mineral resources is our specialty.
Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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Magna Gold Reports Q1 2021 Operating Results

Mr. Arturo Bonillas, President & CEO of Magna commented, “We are extremely proud of our progress at San Francisco – our team has made considerable progress during ramp-up and we are well on our way to establishing San Francisco as a stable free cash flow generator.”

Canasil Reports 5.9 g/t Gold and 404 g/t Silver (832 g/t AgEq*) over 0.57 m at La Esperanza Silver-Gold Project in Durango and Zacatecas States, Mexico

Bahman Yamini, President and CEO of Canasil commented: “The results from the initial drill holes on the southeast extension of the La Esperanza vein along strike and to depth confirm that the vein structure can be located as projected in a previously blind zone, and represent a significant increase to the overall mineralized envelope as previously reported.”

Drill results coming for the Cecilia Project; Transaction with Canada assets; Expanding the Canadian portfolio; New partnerships in 2021; BHP Copper program progressing – Exploration agreement extended for a fully-funded 3rd year; Progressing with Hochschild Mining (5 yrs / US$8M) at Los Cuarentas Project; +$3.5M in cash; Less than 69M shares outstanding

Xali Gold Corp. – Permits Applied for Mexico Mines Tailings Project

“We are very excited with the work that SRG has completed to advance the Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “There have been some delays due to government closures during the COVID pandemic, but the project is now moving forward and we are very excited to the re-processing getting into operation.”

Silver Spruce Signs LOI on 1,057-hectare Diamante Au-Ag Concessions, Sonora, Mexico – historical assays to 39.8 gpt Au and 3,460 gpt Ag

“We recently conducted our due diligence visit to Diamante and, pending the final report, anticipate signing a definitive agreement shortly. On execution, we propose to conduct ground truthing of the Au-Ag systems with geological, spectral and LiDAR mapping, rock sampling and preparation of an environmental report, and are planning for a first-ever drilling program at Diamante within a few months.”

Great Panther Reports First Quarter 2021 Production Results

“Our safety protocols are being meticulously executed in order to protect our workforce and the communities that we operate in. As previously stated, the first quarter was planned to be a low production quarter due to heavy stripping. Production is expected to ramp up quarter-over-quarter for the remainder of the year as mining progresses into sectors with lower strip ratios.”

Sonoro Gold Increases Unit Private Placement to $3.0 Million

Kenneth MacLeod, President and CEO of Sonoro, stated, “The proceeds from the increased private placement will enable our technical teams to complete additional drilling, increasing the results available for consideration in an updated resource estimate, and additional scientific field work and geological structural analysis which will be incorporated into the 43-101 technical report being prepared by Micon International.”

McEwen Mining: Additions to Senior Management

McEwen Mining Inc. is pleased to announce two senior management additions: Stephen McGibbon has joined as the Executive Vice President of Exploration; and Ruben Wallin has joined as the Vice President of Environment, Health, Safety & Sustainability.

Zapata Exploration Ltd. was created in 2020 by exploration strategist Chris Osterman, and exploration geologist Raul Diaz. We have Copper and Gold projects in Mexico and our headquarters in Canada. With over 3 decades of experience in the field, the discovery and development of mineral resources is our specialty.
Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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