Day: June 13, 2022

Kenneth MacLeod, Sonoro’s President and CEO, added, “The completion of the drilling program is another important milestone in the development of Cerro Caliche. Last month we announced the positive results of an updated PEA and are currently assessing the potential economic impact of the new drilling data on the proposed heap leach mining operation. An updated resource estimation is expected to be filed this fall and we will continue to work on securing project financing and moving the project forward.”

“Phase II drilling continues to test the extensions of the wide intervals of mineralization intersected in Phase I, with hole NOR-22-013 returning the highest grades to date at the new Brazo Discovery,” said Mike Romanik, president of Silver Dollar. “Drilling is ongoing and additional results will be reported as received.”

“This ET area drilling below Level 17 is very encouraging and confirms our expectation that not only does the mineralization continue at depth, but it also contains significantly higher copper mineralization as is often the case with porphyry deposits”, said David Wolfin, President and CEO.