Category: Exploration and Development

“We are very pleased that our broadly-spaced systematic drilling program appears to have led us to the threshold of the source of this important historic district. Our main goal for Phase 1 was to locate high-grade mineralization associated with the right style of intrusion, and it turns out we have discovered not only the largest intrusive ever found in the district, but it’s the first mineralized skarn ever seen in Guigui.” stated Jorge Ramiro Monroy, Reyna Silver’s CEO.

“Our geophysics in El Favor East shows a significant anomaly which at this point is correlating visually with the mineralization in our drill holes. We’re awaiting the assays as they could significantly impact our upcoming initial resource estimate at Los Ricos North,” said Brad Langille, President and CEO.

Mithril Resources Ltd is pleased to provide a quarterly update on activities at its Copalquin Gold Silver Project in Mexico for the period ending 30 September 2021.

“Drilling at Platosa continues to define and extend high-grade mineralization ahead of production,” stated Jorge Ortega, Vice President Exploration.

Pierre Beaudoin, COO, remarked, “Our team and contractors, fueled by their success to date, continue to make steady progress in safely advancing the construction of the Las Chispas Project. As the Project passes its halfway mark of the construction timeline and capital spend, construction will get into its peak period, and we are increasing our focus on the operational readiness plan in preparation for plant commissioning (expected in Q2, 2022) and production ramp-up through H2, 2022.”

Mel Herdrick, Sonoro’s VP of Exploration noted, “We will initiate this program armed with important new data that will allow us to potentially add to our resource and target areas where sampling indicates the potential for higher-grade mineralization.”

Bruce Smith, Radius CEO, comments, “The new results from California are a compelling demonstration of the potential of the Amalia project. I am proud of Radius’s team for identifying the project, compiling a large 10,250ha regional land package, prospecting very tough terrain and defining multiple drill targets.”

Rick Trotman, President and CEO of Barksdale commented: “We are very thrilled by the initial results at San Javier, which confirm that the Cerro Verde zone contains thick zones of both copper and gold-bearing oxides at shallow depths. All 24 holes drilled to date from this program have intersected visual copper mineralization, at varying levels of intensity.”

“It is the belief that the northwest trending mineralized diorite dike being encountered in present drilling, or re-logged in past historical surface and underground drilling, is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth to the west.”