Category: Exploration and Development

“This advancement of the Nicho Main Zone is a significant and positive development and the final major milestone in the ramp-up of operations at Santana. The development of the second and larger pit will provide access to the main source of known mineralization at the project supplementing current starter pit operations and allowing the Company to ultimately exit the project’s pre-commercial phase of production. ” stated Darren Koningen, CEO.

“Drilling southeast of our Main Zone continues to return excellent gold and silver values in intensely silicified breccia-hosted mineralization.”, commented Brodie Sutherland, CEO.

Mel Herdrick, Sonoro’s Vice President of Exploration, noted that “I continue to be encouraged by the results of the Phase IV drilling campaign which has returned multiple higher-grade intercepts and demonstrated resource growth potential near surface and at depth.”

Greg Liller, Sierra Madre´s Executive Chairman and Chief Operating Officer commented, “Based on my experience with running the La Guitarra mine and overseeing the district´s first large-scale exploration program, I have always believed La Guitarra is one of the largest undeveloped silver opportunities in Mexico.”

Bill Pincus, Chief Executive Officer and Director stated: “We have successfully completed targeting based on remote image interpretation and are now actively engaged in the field sampling and mapping new areas at our flagship Santa Daniela gold project. The work completed so far has been yielding positive results and we remain on track to identify new drill targets by year-end.”

GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “The 2022 infill drill program at the Plomosas Mine has been carefully designed to address upside potential in the resource block model. It has been our thesis that historical sampling lacked detail in some unmined areas resulting in the adoption of zero grade in unsampled drill hole intervals in the current resource model.”

Benjamin Hill Mining Corp. President, Mr. Greg Bronson stated: “The initial results are a great start to our exploration program and indicate that the property likely hosts significant copper and gold mineralization. We look forward to receiving the remaining analytical results and expect those results to continue to prove up the economic mineral potential of this property.”

“Tajitos and Copala continue to be a major focus for near-term resource expansion at Panuco,” commented Michael Konnert, President and CEO.

“Since acquiring the Los Ricos district in March 2019, we’ve focused on moving forward with the projects in three key areas. The first area of focus has been resource definition and expansion through our drilling and exploration programs in the district. The second area of focus has been on engineering and technical reports ultimately leading towards a construction decision. The third area of focus has been on consolidation of mineral concessions within the district, expanding from the initial 29 to the current 44 concessions,” said Brad Langille, President and CEO.

Mel Herdrick, Sonoro’s VP Exploration, commented, “We continue to report good gold bearing intervals of mineralization as well as higher-grades intercepts that continue to add to potential mineralized material. Results from another 15 drill holes are still pending and we are working to determine the structural controls of the new higher-grade zones.”