Month: July 2021

GoGold Drills 1,576 g/t AgEq over 0.9m within 51.3m of 136 g/t AgEq at El Favor in Los Ricos North

“We’re pleased to see strong results such as hole LRGF-21-052 in our new El Favor East zone discovery and are excited to see the results of more holes farther east which are pending assays and look very promising,” said Brad Langille, President and CEO. “We believe extending the strike length at the eastern end of El Favor at these grades will contribute greatly to the upcoming resource.”

Vizsla Drills New Vein in Cordon del Oro Corridor at Panuco: 1,283 g/t AgEq Over 2.07 M; & 943 g/t AgEq Over 2.17 M

Vizsla President and CEO, Michael Konnert, commented: “Panuco is a much larger district beyond the current areas of resource drilling and this new discovery within the Cordon del Oro corridor emphasizes the exploration upside potential of the Project. Cordon del Oro had never been drilled prior to Vizsla’s consolidation of the district and represents an excellent near-surface target within proximity to other mineralized structures. The Company currently has ten rigs on site: six completing resource drilling at Napoleon and Tajitos and four focused on exploration including the recent Josephine EM discovery and this new zone.”

Fresnillo plc – Second Quarter Production Report for the Three Months Ended 30 June 2021

“I am pleased to report a solid operational performance in the period, with quarterly silver production up on the first quarter, driven mainly by a sharp improvement in ore grades at San Julián. We continue to see a consistent contribution of development ore from our Juanicipio project, where construction of the processing plant remains on track for commissioning by the end of the year.”

Mithril Resources – June 2021 Quarterly Activities Report

Exploration work in the Copalquin Gold-Silver District has continued to develop and expand the El Refugio discovery with multiple bonanza grade intercepts drilled, extension of the mineralised zone along strike and down-dip and expansive soil sampling program.

Capstone Generated Record Operating Cash Flow of $110 Million in Q2 2021; Net Cash Grows to $172 Million With Zero Drawn Long-Term Debt

Darren Pylot, President and CEO of Capstone commented, “This was a strong quarter with record copper production at Cozamin and completion of the majority of phase 2 PV3 Optimization work at Pinto Valley”. Mr. Pylot added, “We also published our 2020 Sustainability Report, which details our ESG-related programs and reaffirms our long-standing commitment to responsible mining practices.”

Gold Resource Corporation Reports Strong Year to Date Operating Cash Flow of $16.1 Million

Allen Palmiere, President and CEO said “Our operations team continues to demonstrate their ability to be nimble and adaptive operators all while focusing on excellent environmental, social and governance practices. Notwithstanding an excellent work culture, there were two lost time incidents at the Don David Gold Mine during Q2 2021, which were investigated, and measures were taken to reinforce adherence to safety protocols.”

Altaley Mining Launches New Corporate Website

The Company is pleased to announce the launch of its completely redesigned corporate website. The new site features a clean and responsive modern design, simplified usability, functionality, alongside easy access to essential information about Altaley and its projects.

Almaden Announces Commencement of Prospect Drilling at Ixtaca

J. Duane Poliquin, Chairman of Almaden, stated, “The original Ixtaca discovery was made through clever geologic assembly of published information and on-the-ground observation of field data. This has resulted in the discovery of an economic gold-silver deposit as outlined in the Feasibility Study, with evidence (geologic, geochemical, geophysical) for the possibility of a similar deposit, as well as the possibility of deeper precious/base metal deposit(s). It is very exciting to return to prospect drilling of some of the blue sky targets that have been identified on this property.”

Tocvan Ventures Drills 15.3 meters of 1.1 g/t Au in New 4-Trench Extension Defines new mineralized trend over a 500 meter strike at Pilar

“Drilling along the 4-Trench extension target has defined a new trend over a 500m strike length immediately adjacent to our Main Zone”, commented VP Exploration, Brodie Sutherland. “We are seeing mineralization in every hole along the trend with grades above 1 g/t gold in holes JES-21-53 and JES-21-44, 100m apart. This first pass of drilling has started to unlock the potential of a new parallel trend to our Main Zone which we are excited to test in our next phase of drilling.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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