“Last year was very successful in growing the potential size of the mineralized system at Pilar, we look forward to building off that success again this year with continued drilling and trenching across the property. In addition, bulk sample composites taken from surface will aim to show our mineralized oxide zone is amenable to conventional heap leach processes.”
“Over the next few days, we will reach the data cut-off for our initial Los Ricos North mineral resource estimate. This data cut-off represents a point in time and the 9 drill rigs are currently and will continue to drill at Los Ricos. This upcoming resource represents the completion of the first 100,000 metres of drilling at Los Ricos North, and the Company is progressing on the next 100,000 metres which is budgeted for the Los Ricos district through 2022,” said Brad Langille, President and CEO.
“The most recent infill and step-out holes contain some of the highest grade intercepts we have drilled in the La Colorada Skarn deposit to date and indicate potential for further expansion of the Mineral Resource in the future,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
David M. Jones, Director of Minaurum Gold and skarn expert, commented, “The discovery of a blind silver-gold-copper skarn is a testament to Minaurum’s commitment to enhancing shareholder value through aggressive exploration. We made the decision to return to the Alessandra vein target based on the recognition of pathfinder elements which we deduced might lie above a mineralized body and now we have demonstrated that this concept was correct.”
Fabled Silver Gold Corp. announces final results from underground diamond drilling of the increased 1,400-meter underground drill program on the “Santa Maria” Property in Parral, Mexico.
Silver Tiger’s CEO, Glenn Jessome, stated, “While drilling the high-grade silver veins at El Tigre in 2021 we have made a number of very important discoveries. We first discovered in the footwall zone of the Sooy Vein a new style of mineralization in the black shale that the technical team have named the crackle breccia. This discovery prompted the technical team to be cognizant of this potentially new high-grade mineralization outside of the traditionally targeted quartz silver veins.”
Millrock President and CEO Gregory Beischer commented: “Batamote has excellent potential to discover a porphyry copper deposit. We know already that breccia-style and porphyry copper mineralization is present. We are particularly excited to drill-test beneath what appears to be a leach cap alteration zone at a prospect called El Choclo NW. The project is situated within a belt that has produced very large porphyry copper deposits being mined by others as evidenced by the Cananea and La Caridad mines.”
The Opodepe project represents a three-dimensional prospect for Starcore with possibilities as a moly deposit, or as a property with gold showings, and thirdly as a project with the potential for copper porphyry at depth.
“The intercept in drill hole CDH-094 demonstrates the Refugio structure continuity west to the next ridge with thick high-grade gold-silver mineralisation. Drilling is continuing at El Refugio with hole CDH-096, our deepest hole to date (504m), with a broad quartz breccia zone in the last 50m of the hole. The intercepts are in line with the geologic model and El Refugio continues to expand at depth and west, outside the first resource area within our 70 square kilometre Copalquin Mining District.”
“This is an exciting development in the exploration timeline of the El Cobre project. We now have a focus area to explore for a deep porphyry target that we hope will be the centre and source of the already known large area of alteration and mineralisation covering the project area.”
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