“Our 2021 exploration program accelerated during the summer months with 27 rigs active across six sites,” said Hans J. Rasmussen, Coeur’s Senior Vice President of Exploration. “We remain on-track to deliver the largest exploration campaign in Company history and are regularly setting new monthly drilling records.”
“We continue to build on the Sonoran project geotechnical database using advanced processing techniques for re-interpretation of available ASTER and LANDSAT 8 OLI imagery. The TLALI algorithm processing clearly illustrated its capabilities in mineral and anomaly identification with clarity of spatial response,” said Greg Davison, Silver Spruce VP Exploration and Director.
The Feasibility Study supports a high grade, silver-gold underground mining operation at Terronera producing an average of 3.3 million payable ounces silver and 32,874 payable oz gold per year over a 12-year mine life.
“We are pleased that the mine ramp-up has continued along a reasonable path despite the continuing impact of unusually heavy rainfall throughout the period, which we hope is finally coming to an end.”
Rob Birmingham, CEO, comments, “The exploration team led by veteran geologist Michelle Robinson continue to expand on previous successes at the Picachos Project. We’re pleased to see the precious metals rich, copper discovery announced on August 4th is growing in scale and providing the company with exceptional targets for further inspection. Furthermore, we are excited with the discovery of high grade gold, silver and copper in rock chip channel samples at the historic La Gloria mine.”
GR Silver Mining President and CEO, Marcio Fonseca commented “The progress of GR Silver Mining’s exploration program in new areas continues to deliver positive results. We are encouraged by the initial results from the GAP Area, as well as the magnitude of the epithermal system based on our first ever sampling program. Drilling is planned to further test the high-grade mineralization in the GAP Area.”
“Batopilas is Mexico’s historically highest-grade silver district, and we are delighted to have cut native silver in the second hole drilled beneath the new veins we exposed by trenching last year. We know from historic records that Batopilas native silver bodies can swell rapidly from a few centimeters to a meter or more, so we are really looking forward to offsetting these early widely-spaced holes to see if we have latched onto something big.” said Jorge Ramiro Monroy, Reyna Silver’s President and CEO.
“Deep drilling at El Refugio has again returned an excellent gold-silver intercept with hole CDH-084 confirming the high- grade mineralisation over 100m down dip in the structure. The intercept is proximal to the bonanza grade intercept of CDH-077, which is currently interpreted as being outside of the main El Refugio structure.”
Fabled Silver Gold Corp. is pleased to announce additional results from underground diamond drilling of the 1,200 meter underground drill program at the “Santa Maria” Property in Parral, Mexico.
Benjamin Hill Mining Corp. is pleased to announce that new assay results at the Benjamin Hill property, showcasing the high grade mineralization occurrence on the central area of the Sonora Gold concession, with previous values reported in the north of the area as high as 9.5 g/t of Au, the newly arrived results expose information of structures with up to 20.0 g/t of Au at the eastern part of the area and values that ascend to 6.1, 4.4 and 3.6 g/t of Au to the south and silver values that surpass 200 g/t.
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