Category: Exploration and Development

Minera Alamos Provides Santana Operations Update

“The commencement of mining operations at the new Nicho Main Zone pit has begun reasonably within expectations, especially given there are always aspects of opening a new mining zone to be learned from and optimized. Importantly, the new mining plan provides a significant improvement in gold stacking activities at the Phase 1 leach pad. This positive shift in mine operations, as gold prices strengthen considerably, should provide a strong foundation for operations to return to being cash generative as the year continues,” stated Doug Ramshaw, President of Minera Alamos.

Tocvan Drilling Continues to Expand Mineralization at Pilar with Hits Along North Hill and Main Zone Gold-Silver Trends. Broader Corridor Begins to Tie Together

“Drill results are continuing to show the broad scale of mineralization at Pilar as we push out the edges of the known deposit.” commented Brodie Sutherland, CEO. “The infill drilling looks to connect each of the three known trends to date, the results tell us that mineralization does connect across these corridors. Most of the area has never seen detailed drilling and to see mineralization and alteration in all holes showcases the robust system we have.”

Silver Tiger Intersects 59.0 metres of 66.7 g/t silver Equivalent in the Stockwork Zone Including 2.0 metres of 635.1 g/t silver Equivalent within the High-Grade El Tigre Vein

Silver Tiger’s CEO, Glenn Jessome, stated, “We continue to receive promising results for our PFS Drilling Program, especially in the newly defined Hanging Wall Zone and high-grade El Tigre Vein” Mr. Jessome further stated, “These results further de-risk the project, as we increase the confidence and size of the new MRE. We intend to release our PFS by September 2024.”

Chesapeake Extends Lucy Mineralized Corridor by 200 Metres and Drilling Returned 5.2 g/t Gold over 6 Metres from Surface

Jean-Paul Tsotsos, Interim Chief Executive Officer, commented, “The positive results gathered during this exploration phase continue to add cadence to the robust nature of the mineralized system at Lucy. During this exploration phase, we successfully intersected more high-grade gold mineralization starting from surface, extended the gold mineralized zone from 500 to 700 metres, and the corridor remains open along strike in either direction and at depth.”

Vizsla Silver Reports More High-Grade Results at Copala and Copala 3, Demonstrating Strong Mineral Continuity

“Ongoing infill drilling at Copala, where initial mining will likely take place, continues to demonstrate exceptional mineral continuity,” commented Michael Konnert, President & CEO. “Tight-spaced drilling along Copala Main and its hanging-wall splay structures has now expanded the high-grade footprint closer to surface, potentially reducing the overall development required to access the minerlization.”

Tocvan Drilling Expands Northern Extent Of Mineralization By 130-Meters At Pilar Gold – Silver Project

“The latest results continue to show expansion potential remains open and untested across several developing trends.” commented Brodie Sutherland, CEO. “Step-out drilling has hit a blind target where no previous data was available significantly extending out mineralization another 130-meters. We are highly encouraged by these results and the significance they imply along trends that have shown recently they can yield high-grade results.”

Torex Gold Reports Positive Results from the 2024 ELG Underground Drilling Program

“Building off the success of the 2023 drilling program, which resulted in a two-year mine life extension, drilling at ELG Underground continues to deliver results that bolster our ability to continue to replace mined reserves. This, combined with the potential for EPO to come into the mine plan, supports our strategy of maintaining annual gold equivalent production above 450,000 ounces through 2033.”

Kootenay Adds Drill at Columba High-Grade Silver Project

Kootenay’s President & CEO, James McDonald states, “We have completed over 30,000 meters of drilling at Columba and are extremely excited to see the project growing in size. We continue to step along D-Vein as a priority, this structure with its high grade and broad mineralized stockwork halo has the potential to contain a significant resource.”

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.

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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.