Day: June 29, 2022

GSilver to Acquire 100% of Great Panther’s Mexican Mining Assets

Ramon Davila, President and Director of GSilver said, “This acquisition will prove instantly accretive; the Topia Mine is currently producing and will immediately lift GSilver’s production profile. Within the Guanajuato mining district, the San Ignacio and Valenciana mines were put on care and maintenance less than eight months ago only due to a lack of available tailings facilities; GSilver plans to swiftly re-start production from these mines and process the mineralised material using the excess capacity at our nearby El Cubo production facilities.”

Capitan Mining Drills 1.5m of 488.9 g/t Silver Eq & 1.5m of 328.2 g/t Silver Eq within Wider Intervals & Provides Exploration Update for Jesus Maria

Capitan’s CEO, Alberto Orozco, stated: “Our understanding of the silver potential at the Cruz de Plata has grown greatly since our drilling started in the Jesus Maria vein last year. We have not only demonstrated the scale potential for that vein by expanding on the main mineralized plunges within it, but have also identified additional structures or veins that hold further potential.”

Prime Intercepts 6.1 gpt Au and 104 gpt Ag over 3.4 Metres in Step-Out Drilling at Tahonitas – Phase 2 Program Expanded

Chief Executive Officer, Daniel Kunz comments, “We are highly encouraged by the continuing high-grade intercepts of open pit and underground gold-silver mineralization being encountered in our first two formal drill campaigns at Los Reyes. Today’s results further support the significance of the Z-T Structure at the western end of Los Reyes, from Mariposa to Tahonitas, which is now delineated over a strike length of 3 kilometres, a vertical extent of 200 to 300 metres and average thickness of 5 to 30 metres.”

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.