Gold Resource Corporation reported strong 2024 underground drill results at its Don David Gold Mine in Oaxaca, Mexico. The program identified high-grade mineralization in the Three Sisters, Gloria and North Arista vein systems, reinforcing their potential as major contributors to future resources. Results upgrade existing mineral resources and support ongoing exploration to expand and define these zones further.
“With the option agreement signed and all necessary permits already in hand. We are fully prepared to move forward,” said David Coburn, CEO of Masivo Silver. “The drill targets are being carefully defined, being prioritized, and we are mobilizing immediately to begin drilling these high-grade silver zones. This is a significant milestone for the Cerro Colorado Project, and we are excited to start unlocking its full potential.”
Rohan Hazelton, CEO of DynaResource commented, “This metallurgical work is important data for the upcoming SK1300 Technical Report Pre-Feasibility Study that we plan to release in early Q2 2025. I am pleased to see such incredibly high gold recoveries from each of our major gold zones defined to date. Better than 95% gold recovery means our ore is easily processable and this supports our planned re-installation of the gravity gold circuit at San Jose de Gracia.”
Silver Tiger Metals Inc. updated PFS drilling at El Tigre Project, Mexico: 22,000m of 25,000m completed. Key intercepts include 116m @ 0.68 g/t AuEq and 34.4m @ 1.76 g/t AuEq. Mineralization expanded 10-15%; PFS on track for H2 2024.
Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to update its previously announced unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra.
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