Category: Exploration and Development

Silver Tiger’s CEO, Glenn Jessome, stated, “Following our successful drilling to the south of Hole 202, the first holes drilled north of this Footwall Discovery have delivered wide zones of high grade silver mineralization in 25 and 50 metre step outs. We see great strike length potential of both the Sooy Vein and the Footwall Discovery Zone going north. High grade silver continuity is evolving north and south of Discovery Hole 202 on the Sooy Vein.”

“We received favourable precious metal assays in nine of the first ten holes consistent with our exploration expectations for a low-grade, heap-leachable target with mineralization in the range of 0.1 g/t Au to 1.0 g/t Au.”

Taj Singh, President and CEO, states: “The results from this metallurgical test work program represent a major de-risking step for Cordero. All major rock types hosting sulphide ore returned excellent recoveries via conventional flotation processes to generate clean, highly saleable concentrates.”

Mr. Nick Suter, Interim Vice President, Exploration commented, “Confirmation of mineralization below current mining levels in the southeastern Switchback zone, particularly the presence of high-grade gold, silver and zinc values, will enable the mine to advance development planning below current mine limits.”

Chris Wright, Chairman & CEO, commented: “The 2021 drilling campaign so far has successfully demonstrated up-dip and down-dip continuity of the main Veta Grande vein-structure outside of the current resource estimate, and the wide widths and high grades that we have continually encountered in the Almaden Zone further demonstrate the resource building potential at the San Acacio area of our Zacatecas district project.”

“Following the high-grade gold and silver intercepts returned from NRC-21-09 within a wide mineralized structure, it is very encouraging to see drill holes NRC-21-10 and NRC-21-11 continue to cut wide mineralized structures with gold and silver grades which represent high value mineralized material over significant widths. The multiple mineralized bands within the structures are consistent and suggest the possibility of stacked veins within the Candy vein system.”

“After finalizing the long-awaited tunnel extension and ensuring safe access and working conditions for the drill teams, we are pleased to commence this first phase of underground drilling. The objective is to expand the San Marcial mineralized breccia body by stepping out at depth and along strike of the known areas.”

Fabled Silver Gold Corp. is pleased to announce results of underground diamond drilling from the 1,200 meter underground drill program on the “Santa Maria” Property in Parral, Mexico.

Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato, Mexico. Meanwhile, re-commissioning of the Company’s primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant.

“The re-assay of the historical drill core confirms the prior assay results, with intersections of very high-grade material. It also confirms the coarse gold/nugget effect apparent in the deposit, with variances being observed between some of the prior assay results and the current assay results, both higher and lower.”