Month: January 2022

Vizsla Provides 2021 Year-End Summary and 2022 Outlook

“2021 was a transformative year for Vizsla both at the project level and on the corporate side. At Panuco, approximately 100,000 meters of new diamond drilling led to the discovery of several new high-grade veins, ultimately advancing the newly consolidated project to the resource drilling stage. On the corporate side, Vizsla successfully raised over C$70M in equity financings to fund ongoing exploration and development at Panuco and exercised its property earn- in agreements to take 100% controlling ownership of the district.”

Golden Minerals Drills 1.5m Grading 4.02 g/t Au and 1,473.2 g/t Ag at Yoquivo

“We are pleased with this first set of results from the second phase of drilling at Yoquivo. Hole two demonstrates the potential for the Pertenencia vein to host significant high-grade mineralization, and we’re also excited about hole four which hit multiple high-grade veins suggesting there may be additional blind veins to be found on the property.”

Tarachi Year in Review and 2022 Outlook

“Despite experiencing three months of delays at the labs processing our tailings assays and metallurgical work, we were still able to drill out the basin and complete our Magistral PEA and mineral resource estimate less than a year since acquiring the project.”

Aztec – Kootenay JV Completes First 14 Holes of Phase 2 Drill Program on the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico

The primary objectives of the 2021 – 2022 exploration program are to better define the open pit, heap leach gold potential of the porphyry oxide cap at California, evaluate the potential for deeper copper-gold porphyry sulfide mineralization underlying the oxide cap, test for north and west extensions of the California mineralization at California North and Jasper, and assess the breccia pipe potential of Purisima East.

Orogen Project Generation Business Unit Update

“Our prospect generation business generated a tremendous amount of exploration activity, and we are encouraged by the work completed by our partners. Orogen’s geologists have also assessed prospects in western United States, British Columbia and Mexico, providing a pipeline of future opportunities for exploration partnerships.”

Mag Silver Reports Fourth Quarter Production From Juanicipio

“We are encouraged to see the increased throughput at the Fresnillo owned plants in the last quarter” said George Paspalas, MAG Silver’s President and CEO. “The ability to utilize capacity at their plants when available to process Juanicipio material, helps us minimize any impact on this year’s cashflow while we await the electrical tie-in.”

Fresnillo Plc – Fourth Quarter Production Report for the Three Months Ended 31 December 2021

“Given the challenges presented by both the continued effect of the pandemic and more recent Government labour reform initiatives, as well as certain operational issues, we have delivered a creditable performance during the year, with silver production marginally short of guidance, but gold production exceeding expectations. This performance highlights the strength of our diversified portfolio and the capability of our people.”

Southern Silver Identifies New Discovery on the El Sol Claim with 3.5 Metres averaging 549g/t Ag, 0.3g/t Au, 8.6% Pb and 3.6% Zn (982g/t AgEq); Drilling Resumes

Rob Macdonald, Vice President Exploration, stated: “The identification of a new high-grade zone continues to highlight the enhanced exploration potential surrounding the known mineral deposits at Cerro Las Minitas. Drilling will continue on the property through early 2022, starting with follow-up drilling on the El Sol concession before transitioning back to the North Felsite target, while the company continues work on a Preliminary Economic Assessment of the known Mineral Deposits to be completed Q2-2022.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.