Silver Dollar Resources Inc. is pleased to report the progress in its new target development work at the underexplored Noria portion of the La Joya Silver Project located in the state of Durango, Mexico.
“A bulk sample at Pilar is an important next step in showcasing the head-grade and recovery of gold,” stated Brodie Sutherland, CEO. “We are very fortunate to have access to a local facility with all the needed equipment and support staff to conduct the sample. Planning is now underway to begin the collection and processing of the sample in early 2023.”
“The Copala structure continues to impress with high precious metals grades over very broad widths,” commented Michael Konnert, President and CEO.
Dr. Jamil Sader, CEO and Director comments: “Our exploration at the Jemi Dykes area of the Jemi Project has defined where Monumental will drill to delineate the rare earth, tantalum, and niobium bearing pegmatites. This program has de-risked the geological complexity and provides us with the confidence needed before moving to the next stage, which is drilling.”
“We’re pleased with the additional strong results coming from El Favor. This drilling in the western portion of the deposit increases our confidence in this area, particularly when we see holes like LRGF-22-137,” said Brad Langille, President and CEO.
GR Silver Mining Chairman and CEO, Eric Zaunscherb comments, “As GR Silver’s team peeled the geological onion, the importance of cross structures in the overall Plomosas story was revealed. Our most recent results confirm that younger, crosscutting structures appear to be contributing additional precious metals mineralization in the main polymetallic Plomosas Breccia and beyond into its hanging wall and footwall.”
“The acquisition of Centauro directly ties into our thesis that certain geological terrains of northcentral México are highly prospective to host “Carlin-style” and/or low sulphidation epithermal gold deposits. The many Carlin-style geological features we see at both Centauro and Pedro strongly support this concept,” stated David Tupper, Southern Empire’s VP of Exploration.
The primary objectives of the 2021 – 2022 exploration program was to better define the open pit, heap leach gold potential of the porphyry oxide cap at the California Zone, evaluate the potential for deeper copper-gold porphyry sulfide mineralization underlying the oxide cap, test for north and west extensions of the California Zone mineralization at California North and Jasper, and assess the breccia potential of Purisima East.
Because of poor recovery before and after, only the 1.3 metres from 4.2 to 5.5 metres depth was sampled which returned 846.0 g/t silver.
Greg McKenzie, President & CEO commented “We are honoured to partner with First Majestic in the acquisition of La Parrilla, their first producing silver mine, which has produced 34.3 million oz of Ag.Eq under their ownership. Over the past two years we have evaluated several opportunities for growth in the silver space and La Parrilla is a great opportunity.”
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