Month: August 2021

President and CEO, Michael Konnert stated: “Following a steady decline in active case counts in the area surrounding the project and a thorough review of current state and federal government data, the Company has decided to resume exploration activities earlier than previously stated. We are very excited to return to our fully funded, +100,000 metre drill program that will ultimately serve as the foundation for our maiden project resource in the first quarter of 2022.”

Taj Singh, President and CEO, states: “The results from our first drill program at Cordero, including further exceptional results in this release, have exceeded our expectations. We have not only confirmed the size and scaleability of Cordero, but also highlighted the excellent margin potential of the Project too.”

“We continue to see strong results from the El Orito zone, and similar to Casados and La Trini we are approaching data cut off for the calculation of the initial resource at the El Orito zone,” said Brad Langille, President and CEO. “We continue drilling at El Favor east, Mololoa and El Nayar, which we believe will greatly strengthen the initial resource to be published in Los Ricos North.”

Greg Bronson, P.Geo., President of Benjamin Hill Mining Corp. states: “The work completed to date has revealed the extensive nature of mineralization on the property. Results of our exploration program reinforces our model of an epithermal copper-gold endowed system that could extend into a Cu-Au porphyry system at depth. Our systematic approach for exploring the property has paid off and the positive results we have received bode very well for the next phase of exploration which is diamond drilling. With drill ready targets in hand, BHM geologists are preparing to return to the field and kick off the inaugural drill program on this never drilled before property.”

“The publication of the initial resource estimates at the Plomosas Project is the result of a systematic collection of geological information, data review and analysis in a 3D model. This has also allowed for multiple discoveries of high-grade silver and gold mineralization outside of the main mineralized body and has encouraged the Company to continue drilling on multiple targets outside of the resource area.”

Mr. Hawley continues: “From hitting a lower feeder 75 meters to the east and now hitting a sheeted vein structure with a true width of 150 meters certainly says something about the robust multi-phase plumbing system that is the driver of the Santa Maria mineralization.”