Richard Lock, CEO, commented: “We continue to be very pleased with our drill results as they recently confirm shallow mineralization in the South Zone 2,000 meters further along strike, demonstrating the potential to add significantly to the combined North Zone and South Zone mineral resource estimate.”
James Anderson, Chairman and CEO said, “Economic success of our operations is driven by grade, and the identification of another gold-rich transverse vein that can rapidly enhance our mining schedule further demonstrates the considerable potential remaining at El Cubo.”
N. Eric Fier, CEO commented, “Moving Las Chispas from discovery to production in less than seven years is a monumental achievement. We are extremely proud of the dedication and execution from all involved.”
“Drilling along strike on the new Eagle concession continues to return exceptional results in both high grade and very wide widths. Today’s release of hole 35, along with hole 14 in our last release represent two of the best holes drilled in the Los Ricos district,” said Brad Langille, President and CEO.
“The San Antonio Project has completed stacking of 1.1 million tonnes of mineralized material on a heap leach pad with active leaching anticipated for the next 90 to 120 days. Management is currently evaluating its options for the project.”
“The five new drill holes extend a zone of mineralisation with silver and base metal grades considerably higher than the average grade in the mineral resource estimate for the Skarn deposit disclosed on September 14, 2022,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
“We are using a geoscientific exploration approach that is continually working on the property. We have identified a number of very large geophysical anomalies (Figure 1) that tie in with large silica alternations that our initial drilling and geochemical sampling work show are coinciding with high-grade gold, silver and copper mineralization.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb comments “As designed, surgical infill drilling at Plomosas continues to demonstrate attractive polymetallic grades in the main hydrothermal breccia, where nil grades had previously been assigned for unsampled areas in the August 2021 resource block model.”
Vice President of Exploration Rob Macdonald states: “Drilling over the last 15 months has helped confirm the projection and continuity of new mineralization between the Mina La Bocona and Skarn Front deposits. Work has now started on modelling the data which will be used in an updated Mineral Resource Estimate for the project with the results anticipated in Q1 2023.”
“This agreement allows Prismo to proceed with its drilling permit application, opening the door to a drilling program in early 2023,” said Dr. Craig Gibson President and CEO of the Company.
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