Year: 2021

It now is the belief, that the mineralized diorite dike being encountered in present drilling or re-logged in past historical drilling is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth. The emplacement of the dike caused breccias and sheeted veins to the sides of the walls over considerable widths.

Sr. Sergio A. Trelles, Special Advisor, states: “We see strong economic potential in the ​​Sonora Copper area, based on the observed precious and base metal enrichment seen along the outcropping mineralized structures. The positive results are encouraging us to go on with exploration and evaluation activities”.

“These age-date results are proof of our concept that our properties are part of a continuous belt of caldera systems that have shown exceptional potential for hosting bonanza grade Au-Ag epithermal deposits,” said David Jones, Exploration Manager and Director of Madoro Metals.

“These are the first holes drilled at Mololoa which show a vein structure with high grades of silver and gold that we believe will add additional ounces and grade to the upcoming initial resource at Los Ricos North,” said Brad Langille, President and CEO. “We encountered numerous old workings while drilling Mololoa and will attempt to drill below the level of the old workings, so we are able to see the full extent of the intact mineralized zone.”

Heliostar CEO, Charles Funk, commented: “Heliostar considers each of its projects in Mexico to be a potential company maker and these results from Cumaro are a significant step towards this goal. These veins trend from a historic mine on SilverCrest Metals’ claims to the west and extend onto Heliostar’s ground, where they have never been drilled. Returning so many high-grade hits on surface over a broad area is very positive. The company continues detailed sampling in the eastern half of the claims to finalize a maiden drill program at Cumaro.”