Category: Exploration and Development

Kootenay Silver Announces Commencement of 2024 Drilling Program at Columba High Grade Silver Project

Kootenay’s President & CEO, James McDonald states, “D-Vein target has continued to return excellent grades and widths. Our most recent drilling program concluded in late 2023 and intercepted D Vein in each of the twelve holes. We are very pleased with the exceptional silver grades and consistent mineralized widths we see on that Vein. We commence drilling in 2024 with the aim of adding sufficient data to calculate our first mineral resource estimate at Columba by the end of the year.”

Riverside Resources and Fortuna Silver Sign Exploration Earn-In Option Agreement for the Cecilia Project Sonora, Mexico

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to partner with Fortuna Silver as we have had a productive and respectful relationship having worked in parallel in Mexico for over 15 years. Riverside has invested in working up the project to an actionable stage and consolidated the tenures making this a highly prospective property that warrants the type of deep and thorough exploration attention that this agreement provides.”

Colibri Provides Project Update at EP Gold Project; Magnetic Survey Completed

Ian McGavney, President & CEO of Colibri commented: “We have only recently received the final map products from the drone magnetic survey, and it is already paying dividends. The results of the survey have provided “proof-of-concept” of our near-term drill plan, has provided key information for development of our EP Gold Project exploration model, and has resulted in the identification of new target areas.”

Mako Mining Intersects 13.43 g/t Au and 36.8 g/t Ag over 9 m (Estimated True Width) at Las Conchitas, 57m from Surface, Outside of Current Mineral Resource Estimate

Akiba Leisman, CEO of Mako states, “this is another spectacular result from our exploration team. This exceptionally wide and high-grade intercept outside of our current MRE, is another clear example of the expansion potential of our current resource. We have been mining this area at Las Conchitas since last November. Therefore, this result will likely be turned into cash flow over the course of the next two years through normal mining operations.”

Vortex Metals Secures Community Approval for VMS Copper-Gold Zaachila Project

“We are grateful for the trust placed in us by the Santiago Astata Agrarian Community,” commented CEO Vikas Ranjan, “This authorization reflects our commitment to transparent communication, environmental stewardship, and fostering mutually beneficial relationships with local communities. We are determined to advancing the exploration and potential discovery of an entirely new copper-gold Volcanogenic Massive Sulphide (VMS) belt in the state of Oaxaca, Mexico.”

Fortuna Silver Takes $90.6m Charge on Mexican Mine Closure

Despite promising exploration results at the newly identified Yessi vein, the Vancouver-based miner is moving forward with its plans to close the San Jose mine, but said a decision on whether the Yessi discovery can support operations beyond 2024 will be made in the second half of the year.

Aztec Reports Final Gold and Multi-Element Results From 2023 RC Drilling from the Cervantes Project, Sonora, Mexico; Multiple, Shallow and Broad, Oxidized Gold Intercepts Continue the Expansion of the California Target Mineralized Zone

Aztec Minerals Corp. announces the final results of Au and multi-element analysis for its 2023 RC drill program at the Cervantes project in Sonora, Mexico. The RC drill program comprised 1,646 meters in 13 RC drill holes testing the California porphyry gold target located in the district of Soyopa, Sonora, Mexico.

Centenario Gold Announces Results from the First Drill Program on Eden Project

Alain Charest, CEO comments “Although we were unable to repeat the results obtained on surface, the information we got from this first drilling program confirmed that the Buenavista mineralized system is continuous at depth and along strike. The drill information will further help us to better vector in on the mineralized zones within the system. Only a very small portion of the ‘Buenavista’ corridor has been drill-tested so far, so there remain plenty of targets to drill along this structure and along the others.”

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.