“The work completed during the quarter has laid the groundwork for exploration drilling to develop the resource potential of the Copalquin District as well as drilling to expand the maiden resource which is already substantial due to its high-grades for gold and silver.”
President and CEO Arturo Bonillas commented; “Delivery of a maiden resource estimate is a huge milestone for the Company. The team delivered this robust resource on schedule and on budget. We have unlocked tremendous value through the drill bit and there is great potential for significant resource growth in the near term.”
Mel Herdrick, Sonoro’s VP Exploration noted, “With the discovery of multiple prospective high-grade ore-shoots identified by drilling at El Colorado, we are developing an understanding of the permissible extent and trend of these potential ore-shoots that may have up to seven additional repetitions in the footwall of the Guadalupe vein zone extending up to 700 meters to the northwest of El Colorado.”
El Estado será el único autorizado para explotar litio en México. La ley fue aprobada en tiempo récord tras dos días de ser enviada por el presidente Andrés Manuel López Obrador y proyecta la creación de una empresa nacional: Asociación Mexicana Litio (AMLITIO).
“Management is very pleased to see the targeted mineralization intersected at the anticipated depths in the North Zone, with significant intervals existing in all holes. Drilling results have established wide, near-surface intersections of good grade Cu-Mo-Au mineralization, confirming the primary target of this drill program.”
“These are great initial results we are really pleased to have hit a substantial vein at Pique Viejo with the first two drill holes there and to have hit high-grade gold from surface at Big Pit.” Michael Wood CEO of Reyna Gold commented.
“Given the current resource base comprises less than five percent of the known mapped/sampled veins in the district, the Company is confident in its ability to uncover new centers of mineralization. This was reinforced by multiple high-grade drill intercepts from the Rosarito and Cuevillas zones, located at the northern end of the Animas Vein Corridor.”
“Once again core drilling has confirmed the significant grade and distribution of gold-silver mineralization at Pilar”, commented Brodie Sutherland, CEO.
“The drill holes completed demonstrate that the mineralized system at the Peñasco Pit target continues beyond the historic resource limits. The continuation of the mineralization offers potential to expand the historic resource.”
Aztec CEO, Simon Dyakowski commented, “These intersections continue to expand the oxide gold mineralized zone at California. This discovery further advances the California gold zone in demonstrating the open pit heap leach gold potential of the project.”
Mexico Mining Center © 2021 / All Rights Reserved
