IMPACT Silver Corp. is pleased to announce high grade silver results from an underground development drilling program in the Pachuqueno area of its Guadalupe Mine in the Royal Mines of Zacualpan District, Mexico.
Silver Tiger’s CEO, Glenn Jessome, stated, “Our decision to focus our drilling along kilometers of the Sooy Vein, that had limited historical mining, is advancing the El Tigre District very quickly. Step-out drill Hole 244 on the Sooy Vein is located approximately 1.1 kilometers to the south of Discovery Hole 202 and step-out drill Hole 243 is located approximately 1.1 kilometers to the north of Discovery Hole 202. The next step in advancing the El Tigre District is the drilling that we have begun on the Seitz Kelly Vein, which also had limited historical mining.”
The drill rig will be moving over to the nearby Banderas Property in the next few days and drilling will commence promptly. Drilling will target the deeper extensions of the major gold-silver rich veins where the source and potential convergence zones have never been tested.
Macario Rocha-Rocha, Head Geologist and Project Manager of Benjamin Hill Mining Corp states: “The data that this study provides allows us to better comprehend the behavior and origin of the fluid which generates the mineralized structures at the Sonora Gold Property. It pushes our team forward into thinking of a bigger potential at depth for a gold-copper enrichment, and the possibility of a porphyry system.”
All holes reported herein were designed to either extend Capitan style mineralization down-dip/down plunge along section lines, or as infill hole(s) that attempt to refine the boundaries and extend the continuity of high-grade shoots that are nested within the Capitan deposit mineralized envelope.
Greg Bronson, President of Benjamin Hill Mining Corp states: “The addition of the geomagnetic survey to our knowledge base supports our thinking that the mineralization seen at surface may be related to a mineralized porphyry at depth”.
Fabled Silver Gold Corp. announces additional results from underground diamond drilling of the increased 1,400-meter underground drill program on the “Santa Maria” Property in Parral, Mexico.
“The El Favor East zone is truly developing into a significant discovery in Los Ricos North,” said Brad Langille, President and CEO. “We are currently drilling 900 metres to the east of the original discovery hole 48, and we are seeing what appears to be strong mineralization. These results and other pending results may impact on the upcoming initial resource for Los Ricos North.”
“The fourth drill hole (SJ-21-04) is ongoing at a depth which is now in excess of 922 m. This drill hole is located towards the center of the company’s claim group. The detection of chalcopyrite, and some other copper minerals, in veinlets is encouraging as we move through a contact metamorphic environment towards the intrusive source. Also, we observe that the dimensions of the new gold zone first identified earlier this year continue to extend significantly within company claims,” Stated Christopher Berlet, President and CEO of Canuc.
Pete Dougherty, President and CEO stated: “The acquisition of these strategic mineral concessions wrap up the San Agustin district for Argonaut, more than quadrupling our mineral tenure to 5,884 hectares and vastly increasing our exploration potential. As part of the acquisition, we have also acquired four, key mineral concessions immediately adjacent to the San Agustin pit which will allow operations to further expand the open pit, increase mineral reserves and extend mine life.”
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