Category: Exploration and Development

Gustavo Gallego, Kootenay’s Chief Geologic Engineer commented, “The B vein system is very promising, like all the targets drilled to date in Columba, drilling has returned excellent values with very interesting widths. We have tested a little more than 200 meters in length of this system and up to 200 meters in depth with drilling. On the surface we did not find high values of silver, however important grades begin approximately 100 meters deep, which gives us confidence that almost the entire epithermal system is preserved from erosion.”

Vizsla President and CEO Michael Konnert commented: “The main Napoleon vein is continuing to grow towards to the south with high grades and wide intercepts. Today’s results including a 100-metre step to the south, increase the overall Napoleon resource area footprint to 1,920 metres which remains open towards Ojo de Agua, a priority zone for future expansion potential.”

“The Parral project continues to deliver great results,” commented Dan Dickson, Chief Executive Officer. “Following limited drilling in 2020 due to the pandemic, it was a priority for our exploration team to re-start the exploration program at Parral this year to expand on the mineral resource estimate we published on the project in early 2020. Our goal is to continue the drill program at Parral in 2022 as we get closer to achieving the scale required to support a positive economic assessment.”

Fabled Silver Gold Corp. announces further results of surface diamond drilling from its upgraded 14,400 -meter drill program on the “Santa Maria” Property in Parral, Mexico.

The initial 14-hole, 3814m drill program intersected multi-phase breccia and stock-work vein systems with significant widths and high grades up to 4210 g/t Ag and 33.1 g/t Au. All assays have now been received and the drill rig moved to the El Cuervo target where drilling is in progress.

Mexican Gold Mining Corp. is pleased to announce the favourable resolution of the claims dispute concerning certain lands that overlap a portion of the Company’s Pepe mineral concessions at its Las Minas Project in Mexico.

Initial drill holes intersected high-grade silver from surface drilling located 50m to the south and 150m up dip from previous underground mining and drilling at the San Ramon Mine. A total of 3,726m of drilling in 14 holes has been completed in the San Ramon South area with IMPACT’s recently purchased surface diamond drill rig. The zone remains open up dip and to the south along strike for further extension.

The primary objectives of the drilling program are to better define the near surface, oxide gold potential of the porphyry gold oxide cap at California, evaluate the potential for deeper copper-gold porphyry sulfide mineralization underlying the oxide cap, test for north and west extensions of the California mineralization at California North and Jasper, and assess the breccia potential of Purisima East.

“A key pillar of the Torex strategy moving forward includes a fresh focus on exploration and we are pleased with the results from the 2021 drill program at the ELG Underground.”

Jason Simpson, President and CEO: “I would like to thank Orla’s team led by Jason Simpson, Chief Executive Officer, Andrew Cormier, Chief Operating Officer, Etienne Morin, Chief Financial Officer, and Sergio Saenz, General Manager of Camino Rojo, for the outstanding work and dedication that has enabled this achievement in the face of unprecedented challenges brought by the COVID-19 pandemic.”