Year: 2023

Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “These drill results at Los Reyes further demonstrate potential for expansion of the current resource inventoried in our May 2023 MRE. Specifically, we are very encouraged by the results at the southern part of the Z-T Zone where hole 23TA-71, coupled with previously released holes 67 and 69, is extending the resource envelope over 200 m below the MRE boundary – more than 100% increase in vertical extent.”

President & CEO Bruce Smith commented: “The Radius team is excited to have drilling underway at Tropico. We have been chasing this target for several years and now we can finally drill-test it. Fresnillo is one of the world’s greatest epithermal systems and to have optioned a gold bearing sinter and breccia pipe target within this district that has not yet been drill tested is remarkable.”

“La Luisa continues to impress with very high precious metals grades over increasingly broader widths,” commented Michael Konnert, President and CEO. “We have now expanded the high-grade mineralized footprint at La Luisa to ~700 metres along strike by 400 metres down dip and it remains open in all directions. Moreover, new drilling approximately 500 meters along strike to the north has discovered shallow vein mineralization believed to be the continuation of La Luisa.”

Gregory K. Liller, Executive Chairman and Chief Operating Officer commented, “We are very pleased with the progress at La Guitarra since the March 2023 closing of the acquisition from First Majestic Silver. Work towards a new resource estimate in accordance with NI 43-101 is underway, concurrent with evaluating historic cost data that would feed into a Mine Restart Study. On the ground, we are focused on preparing the mine, plant, and equipment for a prompt restart.”

Alan Pangbourne, CEO, commented, “We are very encouraged with the latest results from this phase of metallurgical testwork. A systematic, methodological approach individually testing several parameters under different conditions is being undertaken in 42 columns. The results have identified certain parameters that provide the conditions where the leach technology oxidizes mineralization at a faster rate than our previous testwork. Under these conditions, we believe the targeted oxidation curve will be achieved and provide the foundation for preparing the pre-feasibility study early next year.”

Kootenay’s CEO, Mr Jim McDonald states, “surface work and follow up drilling at Columba has identified a series of cross cutting, well mineralized veins within an area measuring approximately 4km by 4km. Of all the veins drilled to date, D Vein has returned the most impressive grades and widths so we are looking to expand the size of this mineralized shoot.”

Mako Mining Corp. is pleased to announce results from an additional 68 reverse circulation infill drill holes at Las Conchitas, located immediately south of the company’s San Albino gold mine, which is currently in commercial production.