Category: Exploration and Development

Orogen Royalties Announces the Expansion of the Navidad Gold-Silver Target at Ermitaño

Paddy Nicol, Orogen’s CEO, commented, “Since the discovery of Navidad in July 2024, multiple drill rigs have been busy exploring the vein system and it is exciting to see continued success. Not only did drilling in the second half of 2024 expand Navidad, the zone of high-grade gold and silver mineralisation is also substantially closer to the underground workings at the Ermitaño mine complex.”

Riverside Resources and Fortuna Mining Progress with Phase 2 Exploration Program After Positive Drill Results from Q4 2024 Cecilia Drill Program Sonora, Mexico

“We are encouraged by the results of the Q4 2024 drilling program, which focused on testing geological features with limited previous drilling, just one or two holes in each area, and yielded positive indicators while also uncovering some unexpected geologic surprises,” said John-Mark Staude, President and CEO of Riverside Resources.

Mako Mining Intersects 2.93 g/t Gold over 15.4 metres (ETW) at Eagle Mountain and 3.73 g/t Au over 31.5 m at the Salbora Deposit as Part of a Geotechnical Drill Program

Akiba Leisman, CEO of Mako states “these drilling and channel sample results were taken as part of a geotechnical drilling program to finalize engineering parameters and site infrastructure layout selection in preparation for submitting our environmental permit application later this year. The grades and widths received from this program are matching or exceeding those defined in the resource model from the 2024 PEA, which showed an after-tax NPV 5% of US$ 292 million at US$1,850 gold.”

Torex Gold Provides Q4 2024 Update on Media Luna Project

Jody Kuzenko, President & CEO of Torex, stated: “The Media Luna Project is now in its final months, sitting at 94% complete as of the end of 2024. We are well on track to complete the project and produce first copper concentrate by the end of Q1 2025, with engineering concluded, procurement substantially complete, underground development tracking well ahead of schedule, and surface construction advancing per plan.”

Kingsmen Resources Continued High Grade Silver in Sampling Expands Drill Targets

President, Scott Emerson, commented: “We have now completed exploration over the entire 1.7 km and 1.4 km long Soledad and Soledad II structures with mineralization occurring over the entire strike lengths. This gives us confidence that mineralization continues along strike and at depth of the past producing Las Coloradas mine (300M) and also increases our confidence for our upcoming drill program.”

First Majestic Reports Exploration Success for Navidad at Santa Elena

“The success at Santa Elena continues,” stated Keith Neumeyer, President & CEO of First Majestic. “The exploration program at Navidad during H2 successfully expanded the high-grade gold and silver mineralization of the Navidad discovery, extending mineralization closer to the Ermitaño mine infrastructure.”

Prime’s Central Trend Continues to Deliver Strong Grades and Continuity, Defining a 400-metre High-Grade Shoot at Noche Buena

Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Step-out drill holes at the southernmost end of Noche Buena in the Central Trend returned excellent gold and silver grades, defining a brand new high-grade shoot that is several hundred meters beyond our October 2024 resource update. Mineralization is at grades and widths indicative of underground expansion potential. And, mineralization remains open at depth and along strike to the south, with strong potential for significant extension via the 2025 drilling currently underway.”

Alamos Gold Announces Receipt of Environmental Permit Amendment Allowing for the Start of Construction on the Puerto Del Aire Project in Mexico

“Mulatos is our founding operation and a steady producer since 2005. Through a long-track record of exploration success, we have discovered and developed a number of high-return projects that have continued to extend the mine life of the Mulatos District. Having achieved this key permitting milestone through long-standing community, state, and federal government support, PDA is expected to significantly extend the mine life of the District, as our next high-return project with significant exploration upside.”

Tocvan Surface Exploration Expands Targets at Gran Pilar Gold Silver Project

“The latest surface exploration results are adding to our list of targets across the Southern Block.” commented, CEO Brodie Sutherland. “Given how early we are in development of this area, it has yielded encouraging results across a large footprint that extends two kilometers east and 900-meters north of our Main Zone. What excites us about these targets is the fact that back at our Main Zone historic sampling yielded similar results where there is significant exposure across roadcuts and trenches.”

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