Mel Herdrick, Sonoro’s VP of Exploration noted, “With this latest round of mapping-sampling information, new priority drill targets have been identified, increasing management’s confidence the next drilling campaign may extend gold mineralization to the south.”
“The column photos of the ore show a distinct change in colour, from gray to yellow-brown as it oxidizes from the heap leach technology. We look forward to monitoring and proving the sulphide heap leach technology is a viable process alternative for Metates.”
Zacatecas Silver Corp. is pleased to report that the drill rig to commence drilling at the highly prospective Panuco silver deposit and San Gill breccia zone has arrived onsite to immediately begin a Phase One 10,000 metre drill program.
Elif Lévesque, Chief Financial Officer of Nomad, commented, “Scotia, CIBC and RBC continue to be strong financial partners to Nomad. The completion of the Increased Facility will provide us with additional financial flexibility as we grow our business through accretive opportunities.”
Solaris Resources Inc. is pleased to announce the appointment of Ms. Sunny Lowe as Chief Financial Officer, effective October 1, 2021.
Galore Resources Inc. announces that the TSX Venture Exchange has granted its acceptance to extend by a further three years, the expiry date of a total of 5,596,319 share purchase warrants (“Warrants”), issued in connection with a non-brokered private placement completed in three tranches in September through November, 2019.
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share.
Tocvan plans to initiate its next phase of exploration with the start of a trenching program in October of this year. Trenches will be used to better define surface mineralization and provide material for initial bulk sampling. Immediately following trenching a Phase III drill program of a similar scope to Phase II will continue the advancement of the project.
Vizsla President and CEO, Michael Konnert, commented: “The Napoleon Corridor continues to impress with large 500 metre plus step-outs to both the north and south returning high-grade intercepts. Today’s results, not only demonstrate the potential for very high margin mineralization at Panuco but also, and more importantly, serve to further support our exploration model and targeting strategy as we continue to expand the mineralized footprint at Napoleon.”
Jim McDonald, CEO & President, states “Congratulations to our team for the outstanding geologic work leading to an exciting new area with high-grade silver potential. This extension to the Columba veining occurs under the surface of an area which appears to be barren and adds to the numerous other high-grade zones and potential identified to date.”
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