Category: Exploration and Development

Tarachi Announces Drill Results from San Javier Concession in Sonora, Mexico

Lorne Warner, Tarachi VP of Exploration commented: “Tarachi’s geological team had anticipated the diamond drilling would locate an extensive hydrothermal system after review of our previous drilling program and the system remains open along strike. Regionally these hydrothermal systems which are related to porphyry type deposits and breccia pipes are known to occur in the area.”

Benjamin Hill Updates on Expanded Continuity of Mineralization in Caracahui Area

Sergio Trelles-Monge, Special Geological Advisor in Mexico for Benjamin Mining Corp. states: “Caracahui is the central part of our property, and we’re always happy to see the expansion of the widths and lengths of disseminated and concentrated mineralization. Work is still taking place to produce more exploration targets, and thanks to the great work of our field team, magnificent results like the recent assays have been achieved.”

Sonoro Announces Positive PEA Results and Updated Mineral Resource Estimate for the Cerro Caliche Gold Project Which Demonstrates a Pre-Tax NPV of US$68.7 Million and an IRR of 52.7%

“The PEA really highlights the intrinsic value and potential economic viability of the Cerro Caliche project,” said Mel Herdrick, VP Exploration of Sonoro Gold. “Considering only 30% of the mapped mineralized zones have been drilled and assayed to date, I believe the PEA also justifies resuming drilling this fall to continue expanding and categorizing the project’s oxide gold mineralization.”

Canasil Intersects 12.50 Metres with 5.31 g/t Gold and 336 g/t Silver (721 g/t AgEq*) Including 13.55 g/t Gold and 828 g/t Silver (1,810 g/t AgEq*) over 1.00 Metre in Multiple Mineralized Bands at the Nora Project, Mexico

Canasil President and CEO, Bahman Yamini, commented: “The 2021 follow up drill program on the Candy vein at Nora continues to return exceptional results – drill hole NRC-21-12 is at the deepest level tested so far, alongside NRC-21-09 and NRC-21-10, yet still interpreted to be in the higher levels of the mineralized system at only 200 m below surface.”

Argonaut Gold Continues to Discover High Grade Gold Mineralization Below the El Crestón Pit at its La Colorada Mine including 4.6 Metres at 51.9 g/t Gold and 28.5 g/t Silver and 4.6 Metres at 17.4 g/t Gold and 29.0 g/t Silver

“We see potential for a new chapter at the La Colorada mine which, based on the grades and widths of the veins encountered to date, could include another underground mine. We are currently planning our phase three program, and it will include modeling, mine planning and analysis of best processing methods.”

Colibri Resource Completes IP Survey and Applies for Drilling Permit at the Evelyn Gold-Silver Project, Sonora, Mexico

“We are very pleased with the IP survey execution and results and are especially encouraged by the coincidence of gold-in-outcrop, chargeability, and resistivity at our 2 primary target areas: Cerro Rojo and El Sahuaro. We have completed a preliminary drill plan based on data compilation and interpretation to date that includes the IP survey and are continuing to develop our exploration model and drill plan with on-going interpretation and field work.” commented Ian McGavney, COO for Colibri.

SilverCrest Announces Results from 2021 Infill and Expansion Drilling in the Babicanora Area

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “SilverCrest’s strategy for its infill drilling program is to efficiently use our capital to optimize the LOM through increasing confidence in high-grade Inferred Resource veins proximal to planned underground infrastructure. The infill program has confirmed the presence and continuity of multi-kilogram per tonne silver equivalent grades within the footprints that helped define the veins in the 2021 Feasibility Study.”

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

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