Category: Exploration and Development

Capitan’s CEO, Alberto Orozco, states: “We are very pleased to show the continuity at depth of both grade and thickness of the Jesus Maria silver vein. We look forward to upcoming holes which will not only continue to test the extension of Jesus María, but of the Gully Fault Ag-Au zone as well. These two higher-grade silver zones in conjunction with the JM North, JM South and San Rafael targets, highlight the potential for significant scale at the Cruz de Plata Silver Project.”

Lawrence Page. Q. C. President, said: “Cerro las Minitas is aptly named in Mexico as the “Hill of Mines” and is located in the Faja de Plata or “Silver Belt” of northern Mexico where numerous silver and base metal mines have been developed and are currently operating.”

Dr. Craig Gibson said: “While our analysis of the LiDAR data has not yet been completed, we are delighted with the results to date. Structural features and small mine workings are clearly visible in the data, and we feel that it will greatly aid in the delineation of important structural trends as part of the process to identify drill targets for a drilling campaign planned in late 2022.”

Richard Lock, CEO, commented: “We continue to systematically define and expand the deposit at Santo Tomas. Work focuses on providing a mineral resource to support the upcoming PEA, which is planned for completion in Q1, 2023. To ensure these timelines are met, a fourth drill has been mobilized.”

“Alamos is an exciting brownfields district and this underground rehabilitation program will help assess the potential for near surface deposits we can trace to depth where our drilling has encountered very attractive grades in wide veins,” stated Darrell Rader, Minaurum Gold President and CEO.

“For the first holes testing these new trends to return anomalous mineralization is an excellent indication there is more to be discovered at Pilar”, commented CEO, Brodie Sutherland. “All three drill holes intersected alteration, quartz-veining and fault structures know to host significant mineralization at Pilar. The information from these holes will assist in leading us towards new discoveries.”

Regarding the drill program, Dr. Craig Gibson, President and CEO of the Company, said: “We are pleased to be able to conduct our program to drill holes to intersect the Palos Verdes vein at significantly deeper levels than in the previous drilling campaigns. We will be able to test the vein several hundred meters underneath the surface exposures with the first hole being underway.”

Akiba Leisman, CEO of Mako states, “Las Conchitas Central has thus far received the least amount of drilling since inception, but in this area, we are still finding similar high grade, shallow dipping, auriferous veins as we have throughout our 188 km2 land package. The importance of LC22-813 is that not only did it intersect 85.1 g/t Au over minable widths, but it was able to connect two zones previously interpreted as separate.”

The recent program of drilling at El Refugio has successfully extended and upgraded confidence both west and now east of the central El Refugio maiden resource area. Drilling continually intercepts high-grade mining widths as we progress work in this important part of the Copalquin Mining District.”

“Drilling continues to expand the Brazo Discovery, and we are awaiting results for eight more holes from the Phase II program,” said Mike Romanik, president of Silver Dollar. “We have paused further drilling until we receive the balance of the Phase II results, and the drill rig has been left onsite as we plan our next phase of exploration.”