Category: Exploration and Development

Silver Tiger’s CEO, Glenn Jessome, stated, “The wide, high-grade drill intercepts in Drill Hole 395 represent a new deep extension of the El Tigre Vein more than 200 meters below where mining ceased. Drill Hole 395 is the first time we have hit high grade mineralization at this depth and the intercept is 1,000 meters Northwest of previous deep mining on the El Tigre Vein.”

“La Adelita is clearly a very large system, and we are delighted to see such high grades across wide geographic areas. The more work we do, the more we like how our model for the overall mineralization model is developing”

Out of nearly 1500 samples, over 10% report between 1.1 and 32.6 g/t Gold and 6% report between 199 and 14,170 g/t Silver. “Our results from applying modern exploration techniques into the underexplored parts of the historic Batopilas district reinforce our belief that exploration has only scratched the surface in Mexico,” said Jorge Ramiro Monroy, Pres and CEO of Reyna Silver.

“Now in production, we are pleased to have finally begun exploration across our large prospective portfolio covering three countries and 200,000 hectares. Since April, we have been making great strides in advancing our key exploration growth opportunities.”

GR Silver Mining Chairman and CEO, Eric Zaunscherb commented”Our targeted infill drill program at the Plomosas Mine Area is now over 50% complete with the remainder fully funded. We remain on-track to provide an updated mineral resource estimate in Q1|2023.”

“Expansion drilling at Copala continues to increase the known size of this robust near surface vein system with exceptional silver and gold grades,” commented Michael Konnert, President and CEO.

Golden Minerals Company has today provided updates related to ongoing work at several of its Mexican gold-silver mining properties, in advance of the Company’s participation and presentation at the Precious Metals Summit in Beaver Creek, Colorado from September 13-16, 2022.

Kootenay Silver’s President and CEO Mr. James McDonald stated “The intersection in hole 125 confirms D Vein as a significant structure at Columba. Drilling since 2019 has returned high grade silver hits over excellent widths from veins across the property and we are eager to further advance the project with an aggressively expanded drilling program in the near future. Having traced the vein system over an area of three-by-four kilometers and seeing continuity of high grades and widths in areas like the D Vein underscore for us the potential for 100 plus million ounces of silver”

“In the areas of the El Verde and Sierra Plata historically mined areas, we continue to verify extensions of the mineralized zones at depth and along strike,” stated Dan Dickson, Chief Executive Officer. “The focus for the rest of the year will be to test the northern part of the project with a surface drilling program on various north to south striking structures, such as the northern extension of Veta Colorada, San Alberto and the El Cabezón systems; as well as resuming drilling of the San Patricio vein.”

Executive Vice President of Exploration Scott Smith added, “In northwest Guadalupe, the vein system hosts multiple mineralized splays of the main Estaca vein. This ‘flower structure’ was intersected multiple times outside of the current pit-constrained resource, including in holes 22GE-70, 73, 77, 78R, and 80, significantly increasing the mineralization expansion potential.”