Canasil Resources Inc. announces mobilization and start of the 2021 drill program at the Nora silver-gold project in north-central Durango State, Mexico. The drill rig and logistics equipment are on site and drilling is underway.
“Our recent push into unexplored areas at Yautepec has yielded solid and very positive results, uncovering multiple new mineralized centers, demonstrating proof of concept for our exploration model,” said David Jones, Madoro Metals’ Exploration Manager and Director.
“We are actively exploring the El Mezquite with our maiden drill program, and another team is continuing the Phase 2 geological mapping on Jackie, and look forward to compiling the hyperspectral data from rock samples and drill chips with the broad strokes of the ASTER/LANDSAT alteration fields for enhanced target definition.”
Arturo Bonillas, President and CEO of Magna stated: “We are all extremely proud of the Magna team for achieving this tremendous milestone on schedule. Achieving full-scale commercial production in such a short period of time is a testament to the hard work and quality of our Mexico-based operations team and as a company, we have demonstrated our ability to execute on all our target deliverables.”
Silver Tiger’s CEO, Glenn Jessome, stated, “We have stepped out 55 meters to the south from our initial discovery hole on the Benjamin Vein and the super high grade silver within wide mineralized zones continues to hold. It is apparent that the Benjamin is the northern extension of the Sooy Vein.”
“The exploration team is delighted that the Board has given us another drill rig to drill targets that emerged through our exploration to date,” said Dr. Peter Megaw, Chief Exploration Advisor to Reyna Silver. “We have a large area in which to seek the source intrusion, so the second rig gives us the flexibility to follow up on initial holes while continuing to drill our initially identified targets.”
Alan Pangbourne, CEO, states: “The drill results from Metates are higher than expected further supporting our thesis that within the world class deposit, a higher-grade component exists from which we can build a foundation for a new mine plan. We look forward to completing ongoing efforts to re-scope and optimize this impressive project.”
Prime Mining Corp. Chief Executive Officer, Daniel Kunz commented, “We are extremely excited about this early-stage grassroots discovery at Mina, an area of limited historic small-scale mining we found during our regional mapping program.”
James McDonald, CEO & President, comments “Getting into the old mine workings and being able to see the F Vein in the old adit is a very exciting step forward for the Columba property and one more step closer to evaluating the resource and economic potential of the property.”
These drill targets have recently been identified in a 3D Leapfrog model and are designed to test potential extensions to the mineralized zone previously defined by Timmins Gold Corp. as well as the more recently discovered high grade occurrences by Xali Gold.
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