Day: November 16, 2023

Torex Gold Reports Impressive Results from the 2023 ELG Underground Drilling Program

“We are excited about the latest assays from the drilling program at ELG Underground as the high grade intercepts continue to validate the long-term potential of this evolving orebody. Importantly, as our understanding of the structural controls matures, so does our confidence in our ability to continue to replace reserves and resources and to significantly grow the overall mineral endowment of the ELG Cluster.”

Bylsa Drilling Reinvents Mineral Exploration with the Launch of its Revolutionary NET ZERO Electric Drill Rig

Bylsa Drilling has risen to the challenge of minimizing the negative impact on the natural environment in terms of fuel, oil and noise pollution. “It’s not just about innovating, it’s about reinventing. We have created a 100% portable drill that requires no roads, can be disassembled and reassembled in less than 24 hours and, most importantly, its conversion to electric power minimizes environmental impact,” added Mr. Lagarda.

Fresnillo plc Completes $171,000 Property Payment at Plata Verde; Drilling Anticipated to Start Q1 2024

Bruce Smith, Radius Gold President and CEO, commented: “We are pleased with Fresnillo’s, the world’s largest silver mining company, continued commitment to the Plata Verde project, given some uncertainty over new Mexican mining regulations which have delayed the start of drilling. With the last payment of the Exclusivity Agreement completed, Radius anticipates drilling will start within the first months of 2024.”

Sierra Metals Begins Trading on the OTCQX Best Market Under Symbol SMTSF

Ernesto Balarezo, CEO of Sierra Metals, commented, “Qualifying for the OTCQX Market is a milestone in our efforts to increase visibility and accessibility for our current and prospective U.S. and international shareholders. Sierra is well positioned for growth at its mines in Peru and Mexico and we intend to support our OTCQX listing with a robust investor relation program.”

Centenario Gold Initiates First Drill Program on the Eden Project

This maiden drill program will consist of 10 to 12 HQ core holes totaling approximately 1,500 metres. This portion of the Buenavista vein-breccia structure was sampled at surface and underground during the last sampling program and returned a number of high-grade gold and silver intervals with assays as high as 239.9 g/t Au and 1390 g/t Ag.

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.