Mel Herdrick, Sonoro’s VP of Exploration noted, “We will initiate this program armed with important new data that will allow us to potentially add to our resource and target areas where sampling indicates the potential for higher-grade mineralization.”
Bruce Smith, Radius CEO, comments, “The new results from California are a compelling demonstration of the potential of the Amalia project. I am proud of Radius’s team for identifying the project, compiling a large 10,250ha regional land package, prospecting very tough terrain and defining multiple drill targets.”
Rick Trotman, President and CEO of Barksdale commented: “We are very thrilled by the initial results at San Javier, which confirm that the Cerro Verde zone contains thick zones of both copper and gold-bearing oxides at shallow depths. All 24 holes drilled to date from this program have intersected visual copper mineralization, at varying levels of intensity.”
“It is the belief that the northwest trending mineralized diorite dike being encountered in present drilling, or re-logged in past historical surface and underground drilling, is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth to the west.”
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”.
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