The initial stage of the planned RC drill program is expected to commence in the 3rd quarter of 2023 utilizing information gathered during the surface roadcut sampling and detailed 1:200 scale geologic mapping program conducted in the first quarter of 2023.
“I am pleased with the re-election of Directors and look forward to continuing to work with each of them. We have now completed a process that has been ongoing over the past three years to refresh, strengthen, and diversify the competencies and skills of our Board, and I have every confidence that we have the right group of individuals in place to provide the level of governance required to take Torex to the next level.”
The 2023 Camino Rojo Sulphides infill and deep extension drill programs continue to generate excellent gold intersections, including massive sulphide replacement style mineralization below the current resource. These results are exciting as they enhance future development opportunity scenarios and provide resource growth potential at depth.”
“We are putting the final touches on our Environmental Impact Statement, a significant step in the permitting process for Cordero and the culmination of detailed social and environmental assessment work completed by the Company. Our Feasibility Study work is well advanced and remains on schedule for completion in 1H 2024. Recent drill results highlight the potential to further grow reserves within and on the margins of the open pit. We also remain focused on optimization opportunities within the study including potentially reducing reagent costs, achieving higher recoveries and lowering mining costs through adopting larger benches and bigger mining equipment.”
Prismo Metals Inc. is pleased to announce the results of the annual general meeting of the Company’s shareholders held in virtual format on Tuesday, June 20, 2023.
Following the completion of the Plomosas mine acquisition, the Company immediately commenced an extensive program at site to revitalize and upgrade operations and equipment, and bring on new technical and supervisory staff. Planned upgrades will allow for an expansion of production and an aggressive exploration program has been prepared to potentially grow the size of the existing resource.
“We are excited to initiate our maiden drill program at our Jemi Project. We have de-risked this Project from both ESG and technical aspects, and our next step is to confirm our geological models through drilling.”
“Engaging local stakeholders is always our priority, and we look forward to working with the Peña community to advance the Nora project responsibly and respectfully,” said Michael Romanik, president of Silver Dollar.
Sonoro Gold Corp. is pleased to announce that it has closed the first tranche of its previously announced C$3,000,000 non-brokered private placement by issuing 17,000,000 units at a price of C$0.10 per Unit, for gross proceeds of up to C$1,700,000.
Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “Today’s exciting results from Z-T are significant as they further demonstrate high-grade mineralization at depth, and open significant potential for mineralization in these currently untested gaps. These are among the highest grades and deepest intercepts we have encountered at Z-T to date.”
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