Month: June 2022

GR Silver Mining Discovers High-grade Shallow Precious Metals Mineralization at the Plomosas Project

GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “Our primary focus remains on delivering updated mineral resource estimates for the San Marcial and Plomosas Mine Areas in Q1|23. We cannot, however, ignore the rich potential of the wholly owned, 432 km2 Plomosas Project in its entirety, with several strong regional, northwest-trending structures that remain untested over a combined 75 km strike length. The results released today are an indicator of the potential of the project’s pipeline targets, which we will reveal going forward.”

Tocvan Restarts Drilling at Pilar, Targeting Priority Areas for Expansion. Outlines Path Forward for Sonora Projects

“We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant,” commented Brodie Sutherland, CEO. “All of these targets have compelling surface geochemistry that warrant further evaluation. Information collected here will be instrumental to the next steps of development as we look to utilize substantial funding to fully unlock the potential of Pilar.”

Sonoro Gold Increases Private Placement to $2.4 Million

Sonoro Gold Corp. is pleased to announce that, in response to strong investor demand, the Company is increasing its previously announced non-brokered private placement from 13,500,000 Units to 16,000,000 Units for gross proceeds of up to $2,400,000.

Discovery Announces Details of its Upcoming Annual General Meeting

Discovery Silver Corp. announces that the Company’s Annual General Meeting will be held online this Friday, June 24, 2022, at 11:00 am (Toronto time). The nominees for Director at the Meeting are: Murray John (Chair); Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; and Jennifer Wagner.

Silver Spruce Mobilizes Geological Team and Collars First Hole Of 2,000 Metre R/C Drill Program on The Pillado and La Prieta Au-Ag-Pb-Zn-Cu Targets at Diamante Project, Sonora, Mexico

“Our first two targets, Pillado and La Prieta, exhibit multiple vein, breccia, disseminated and manto-style mineralization, locally with fault controls parallel to and intersecting high grade polymetallic, silver-gold and base metal-bearing occurrences with historical artisanal mining. Importantly, despite the number and quality of known mineralization targets, there is no recorded historical drilling on Diamante to date,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

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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.