Day: September 15, 2021

Sonoro Announces Positive PEA Results and Updated Mineral Resource Estimate for the Cerro Caliche Gold Project Which Demonstrates a Pre-Tax NPV of US$68.7 Million and an IRR of 52.7%

“The PEA really highlights the intrinsic value and potential economic viability of the Cerro Caliche project,” said Mel Herdrick, VP Exploration of Sonoro Gold. “Considering only 30% of the mapped mineralized zones have been drilled and assayed to date, I believe the PEA also justifies resuming drilling this fall to continue expanding and categorizing the project’s oxide gold mineralization.”

Tocvan Finalizes Agreement with Millrock Resources for the Transfer of the El Picacho Au-Ag Property Option in Sonora, Mexico

Derek Wood CEO of Tocvan Ventures Commented “We are very please to have negotiated and completed this agreement with Millrock. This is a prime example of the ability of Tocvan to negotiate transactions which we believe add significant accretive value to Tocvan shareholders, while allowing previous operators and landowners to benefit greatly from a successful outcome as Tocvan works to de-risk the property toward economic viability. We like to create win-win opportunities for all stake holders and feel that we have accomplished this with execution of this agreement.”

Canasil Intersects 12.50 Metres with 5.31 g/t Gold and 336 g/t Silver (721 g/t AgEq*) Including 13.55 g/t Gold and 828 g/t Silver (1,810 g/t AgEq*) over 1.00 Metre in Multiple Mineralized Bands at the Nora Project, Mexico

Canasil President and CEO, Bahman Yamini, commented: “The 2021 follow up drill program on the Candy vein at Nora continues to return exceptional results – drill hole NRC-21-12 is at the deepest level tested so far, alongside NRC-21-09 and NRC-21-10, yet still interpreted to be in the higher levels of the mineralized system at only 200 m below surface.”

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.