Category: Exploration and Development

GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “We are grateful for the support of our new and existing shareholders as well as our capital markets partners in achieving full funding for the current phase of exploration. This phase, focusing on expansion and discovery at San Marcial as well as the low-hanging fruit of surgical infill at Plomosas Mine, will allow us to deliver the integrated Plomosas Project Mineral Resource Estimate update in Q1/23.”

Rafael Gallardo, Infinitum’s Senior Exploration Manager states, “Sampling, drilling and mapping results reveal both vertical and lateral zoning in this large system. The overall zoning observed at La Adelita appears to be matched by geophysical anomalies and fits very well with the proprietary CRD model that guides our exploration. Now we have the geophysics to tie it all together and it has revealed some very compelling targets.”

“Throughout the Los Ricos district, we continue to see drill intercepts that have both the potential for bulk open pit mining and/or bulk underground mining. Both of these mining methods will be fully evaluated for best economics while keeping in mind our high ESG standards.”

“Discovery Hole LG-22-030 in the La Republicana target area represents not only the identification of 59.0m of near-surface gold mineralization but also a validation of an exploration process that we can use moving forward. Our geologic team through an extensive mapping and sampling campaign in conjunction with geophysics identified the types of northwest regional trending structures associated with major mineralization in the Mojave-Sonora Megashear.”

Aztec Minerals Corp. announces that it has completed the first 7 core holes totaling 1,607 metres (m) of the current 3,000 m, 11-hole Phase 3 core drilling program at the 100%-owned Cervantes Property in Sonora, Mexico.

Fortunately, we have had great success with these three diamond holes, with intersections that confirm the prolongation of NS and NE-SW structures previously cut in the last drilling campaign of 2009.

“Now that our partnership with BHP is focusing on a priority group of copper projects, the extensive data, relationships and additional targets we’ve generated within the broader EFA area can also be leveraged and pursued by Riverside.”

Kootenay Silver’s President and CEO Mr. James McDonald stated “Each new batch of results continues to justify our excitement for the Columba Project. We are seeing both the D and F Vein expanding with additional drilling and are planning additional work to evaluate the many high priority targets that remain undrilled.”

Zacatecas Chief Executive Officer and a Director of Zacatecas, Bryan Slusarchuk, states, “The technical team continues to execute efficiently on our silver projects. We have experienced early significant drilling success in two new areas of the property outside of the known Panuco resource with multiple good hits at both Panuco North and El Cristo.”

With each progressive stage of reconnaissance drilling along previously untested trends we are uncovering excellent indications that mineralization continues to the southeast and in parallel trends to our Main Zone”, commented CEO, Brodie Sutherland.