Category: Exploration and Development

Vizsla President and CEO Michael Konnert commented: “These results are an incredible start to 2022 for Vizsla. While drilling the northeast extents of Tajitos we intersected a new, nearly flat lying vein within the Tajitos hanging wall. This new ‘Copala Vein’ is marked by several near-surface high-grade silver and gold intercepts contained within a broad mineralized envelope up to eighty meters wide.”

“We have embarked on the next 100,000 metres of drilling which is primarily focused on continued resource expansion and look forward to many more excellent drilling results such as these at El Favor East. We anticipate that in 2022 we will continue to grow the ounces in the Los Ricos district significantly as we did in 2021.”

Hole SM20-49 was successful, once again, not only in the infill of a drill poor area, intercepting 190.33 g/t Ag Eq silver mineralization over 7.80 meters, but following the vertical down plunge of the Santa Maria footwall breccia structure by -190 meters from hole SM20-47 above which reported 13.10 meters of mineralization and hole SM20-48, 50 meters east and plus 15 meters in elevation which returned 24.50 meters of 110.81 g/t Ag Eq. These intercepts will certainly enhance the silver resources in this area.

“The results from our trench program are very encouraging, especially in regard to defining key material for advanced metallurgical studies and showcasing the surface continuity of gold values.”, commented CEO, Brodie Sutherland.

“We continue to execute on our exploration plan as we develop our understanding of the Ana Maria Property using the CRD model developed by Dr. Peter Megaw” said Peter Latta, President. “The results of these samples confirm the mineralized skarn structure previously identified in September.”

Ranchero Gold Corp. is pleased to announce the first set of assay results from its inaugural drill program at the highly prospective Maíz Azul target, which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico.

“Building on the excellent high-grade gold and silver maiden resource estimate, the high recoveries of gold and silver from the flotation tests again demonstrates the attractive project metrics for our Copalquin District in Mexico. As our study work progresses to optimise a future development at El Refugio, we continue our exploration efforts to expand the current resource with two drill holes (CDH-101 &102) confirming mineralised extension 160m west.”

GR Silver Mining President and CEO, Marcio Fonseca commented “The first drill results from our resource expansion program at San Marcial have proven the consistency and continuity of the Ag-rich San Marcial Breccia mineralization, along strike and down dip.”

Notably, the best intersection in the 2021 drill program was returned by drill hole N008: a true thickness of 328.3 m of 0.45% Copper Equivalent.

“Drilling at Platosa following up on the 817 Zone has defined vertically-oriented, high-grade mineralization over approximately 30 metres of strike and 30 metres of vertical extent,” stated Jorge Ortega, Vice President Exploration. “The proximity of existing infrastructure should allow access to this zone in the coming months and supplement first and second quarter production.”