Day: May 24, 2023

“I’m very pleased with our progress towards this important goal of achieving 500 tpd at Tahuehueto” said Mike Struthers, CEO. “Our team, and our contractors and consultants, are all performing very well. And while our focus is firmly on achieving the 500 tpd goal, we are also in parallel taking some key steps towards our ultimate goal of 1,000 tpd by the end of the year. We have located an alternative second mill in Mexico with a larger capacity of 750 tpd, which will provide a valuable buffer for sustaining 1,000 tpd production.”

“It’s hard not to get excited about the future of the Nora project. Drilling in 2020 and 2021 was the first on the project and tested less than 20% of the potential 3-kilometre strike of the Candy vein structure, and only to a depth of 250 metres,” said Mike Romanik, president of Silver Dollar.

“Historic drilling has demonstrated that the mineralised body at Cerro Grande has significant vertical extent. The current drill program has the potential to extend the north south strike to over 500 metres while drilling on the western flank could demonstrate mineralisation 700m away from the 2022 high grade drill holes. We want to show that it’s high grade and large” stated Matt Hudson, CEO of Infinitum Copper.

Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “These results are from step out drill holes designed to test for and expand mineralization at depth below the Z-T resource pit shell. The width and grades of the drilling results released today continue to identify new potential mill feed extending the mineralization up to 100 m vertically below the recently reported resource pit bottom and spanning a 500 m strike length.”

New interpretation and analysis at Cruz de Plata based on data collected to date, identifies several important large trends that are prospective for future silver and gold discoveries.

Tony Makuch, CEO, states: “Our Feasibility Study drilling continues to demonstrate the potential to grow reserves at Cordero whilst building further confidence in the underlying resource model. This drill program is nearing completion upon which drilling will then focus on testing multiple highly prospective targets identified by our extensive field programs that have been ongoing since 2021.”