Month: February 2018

Silver Viper’s President and CEO, Steve Cope, states “La Virginia is a gold-silver property with an exciting exploration history carried out by two highly competent exploration groups. This project adds immediate value to the Company given the past exploration results. We believe there is a lot of upside potential within this very large land package. I know we have the right team in place to unlock that potential.”

Kootenay President and CEO James McDonald states, “We are pleased with the excellent grades and continuity encountered in the La Negra mineralized breccia with the infill drilling conducted in 2017. We are looking forward to the 2018 exploration program which is entering the third year of our agreement with Pan American Silver and will focus on testing additional targets.”

Kootenay Silver Inc. is pleased to report that Aztec Minerals Corp. today announced the first five of 15 drill holes from its phase I, 3,000 drill program, currently underway at Kootenay’s Cervantes Project, located in Sonora State, Mexico.Drilling conducted by Aztec Minerals successfully intersected long intervals of porphyry gold, copper and silver mineralization including shorter intervals of high grade gold mineralization within the California Zone confirming excellent potential to host bulk tonnage porphyry mineralization.

Harvest Gold’s President and CEO Rick Mark states: “We are pleased to have advanced the Cerro Cascaron project to the initial drill program stage and, based on the results of our preliminary work to date, we look forward to meaningful drill results. We would like to thank our shareholders for their patience. We chose to take the time last year to add another layer of value to the investigation of Cerro Cascaron to insure we developed the best possible drill targets at this previously undrilled property. We know that a successful initial drill program is one of the key drivers of share appreciation in the junior mining space.”

Joey Wilkins, CEO of Aztec, commented: “These positive results from three of the first five drill holes of our Phase 1 drill program confirm that the California zone has excellent bulk tonnage porphyry gold (copper, silver) potential at Cervantes. Holes 3, 4 and 5 were drilled to test a small part of a large surface geochemical gold anomaly on the hill that forms the California zone. As expected, we intersected gold oxide mineralization where the copper has been partially leached out as well as mixed oxides-sulfides transitioning to sulfide mineralization at depth. The entire California zone is underlain by a large, strong IP chargeability anomaly from 100 m depth down to at least 500 m that could represent the heart of a porphyry gold (copper, silver) sulfide system. A total of 810 m were drilled in the first five holes, and we are currently drilling hole nine. Our first two drill holes intersected anomalous but sub-economic copper-gold-molybdenum oxide mineralization from top to bottom in the Jasper zone west of the California zone. The main focus of our remaining holes in the Phase 1 drill program will be to systematically test the western half of the much larger California zone.”