Discovery Silver Corp. is pleased to announce its financial results for the three months ended March 31, 2022, and provide a summary of key events for the quarter, and subsequent to quarter-end.
“We remain on track to achieve all of our 2022 production objectives,” stated James Anderson, CEO of GSilver. “Higher tonnage through-put of roughly 86,000 tonnes at our processing plant in the first quarter marks a significant ‘ramp-up’ milestone for the Company.”
“Drilling southeast of our Main Zone continues to return excellent gold and silver values in intensely silicified breccia-hosted mineralization.”, commented Brodie Sutherland, CEO.
Bryan Slusarchuk, CEO of Zacatecas Silver, states, “We look forward to working with Dr. Chavez as the team advances the advanced-stage Esperanza Gold Project located in Morelos State towards production and while concurrently conducting exploration and expansion work at the Company’s silver project located in Zacatecas State.”
Orex Minerals Inc. is pleased to announce that Tatiana Alva Jimenez, M.Sc. P.Geo. has joined the geological senior management team of Belcarra Group Management Ltd. as a Vice President Exploration, and in this role she will serve as a Technical Advisor to Orex.
Barksdale Resources Corp. is pleased to announce that it has engaged Independent Mining Consultants Inc. to prepare a resource estimate and NI 43-101 Technical Report for the Cerro Verde copper zone on the San Javier project in Sonora, Mexico.
“We are excited to kick off our fully-funded, drilling-focused exploration campaign at Medicine Springs, which preliminary work indicates is a fully-preserved CRD system,” commented Jorge Ramiro Monroy, Reyna Silver’s CEO.
Paddy Nicol, CEO of Orogen, commented: “Our first full quarter of royalty revenue from Ermitaño and strong results from our prospect generation business have seen Orogen generate a profit for the first quarter of 2022.”
SilverCrest Metals Inc. is pleased to announce that Ausenco Engineering Canada Inc. has completed construction and handed over the Las Chispas processing plant to SilverCrest, ahead of the Feasibility Study* schedule.
Mel Herdrick, Sonoro’s Vice President of Exploration, noted that “I continue to be encouraged by the results of the Phase IV drilling campaign which has returned multiple higher-grade intercepts and demonstrated resource growth potential near surface and at depth.”
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