Month: July 2023

Colibri Submits Application for Additional Drilling at the Evelyn Property

Ian McGavney, COO of Colibri commented, “Our drill plan at the Main Zone is designed to further validate our current interpretation & geological model and if successful it has the potential to double, or more, the footprint of the Main Zone. Northwest trending structures are very important at established gold mines in the Caborca Gold Belt and if they are confirmed with our Main Zone drilling it may provide the structural setting required to realize increased average grades. We are also very pleased to be drilling the West El Sahuaro target.”

Sierra Madre Drilling Intersects 32 Metres of 1.05 g/t AuEq During Maiden Drilling Program at the La Tigra Project, Nayarit, Mexico

Greg Liller, the Company´s COO observes “These are the first holes drilled in the Districo del Tigre and thus far we have hit encouraging shallow mineralization in all of them. I am particularly impressed with Hole 3, intersecting 32 metres of 1.0 g/t gold, as we had estimated the overall El Tigre mine zone to be somewhat narrower, in the range 10 to 12 metres.”

Regency Silver Engages Investor Relations Agency Kin Communications Inc.

Bruce Bragagnolo, Executive Chairman of Regency Silver states, “We recently reported a new gold copper discovery downdip from the historic past-producing high-grade Dios Padre silver mine including 29.4m of 6.32 g/t gold which was ~25m downdip from the discovery hole which returned 35.8m of 6.84 g/t gold. These are some of the best drill gold intercepts recently reported out of Mexico and we will work with Kin to increase awareness of this high-grade discovery and its potential.”

Torex Gold Reports Q2 2023 Production Results

Jody Kuzenko, President & CEO of Torex, stated: “With production on track to achieve full year guidance, development of Media Luna tracking to schedule and budget, a strong balance sheet with robust liquidity, and ongoing exploration success, we continue to make significant progress on the execution of our strategic plan, which we fully expect will translate into long-term value creation for our shareholders.”

Colibri Reports AGM Results

Colibri Resource Corporation announces that all matters submitted to shareholders for approval, as set out in the Company’s “Notice and Management Proxy Circular” dated June 6th, 2023 were approved by the requisite majority of votes cast at its Annual General and Special Meeting held on July 7th, 2023.

GoGold Reports Parral Production for Quarter Ending June 2023 and Reports on Planned Zinc Circuit

“During the quarter at Parral, we continued with our planned reprocessing of old pad material which resulted in further metal extraction plus reclamation of new pad space which has the benefit of delaying further pad capital expenditure. In addition, we have been working on further optimization of the SART process to generate an additional saleable metal (zinc) and more importantly, the regeneration and recycling of more cyanide which has the benefit of reducing the volume of fresh cyanide required for purchase.”

Canuc Acquires Additional Claim at San Javier

“The recently purchased claim is a strategic addition to the company’s claim group at San Javier and provides Canuc with comprehensive coverage of an area surrounding the largest magnetic-high anomaly detected during the company’s magnetic survey of 2021.”

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.