Azucar Minerals Ltd. is pleased to announce that it has completed two drill holes at the El Cobre porphyry copper-gold project in Veracruz State, Mexico and is currently reviewing past acquired data in order to plan additional drilling for future programs. Results from the recently completed drilling will be announced when they are received and processed.
Canasil President and CEO, Bahman Yamini, commented: “The very high-grade gold and silver values returned from NRC-21-09 within a wide mineralized structure, and the increasing widths and grades with depth below the 2020 drill intercept are extremely encouraging. These initial results confirm continuity of mineralization to depth from the 2020 discovery drill holes on the Candy vein at the Nora project.”
Zacatecas Silver, in anticipation of the now granted drill permits, has already signed a contract for 10,000 metres of diamond drilling with Major Drilling, who have indicated that they are able to mobilize to site by the end of August. Drilling will commence at Panuco and thereafter San Gill.
MAG Silver Corp. is pleased to report results from 2020 drilling on the Juanicipio Project (56% / 44% joint venture between Fresnillo plc. A total of 33 surface holes (27,900 metres) and 77 underground definition holes (11,800 m) were completed with the primary objectives of: infilling and expanding the Valdecañas Deep Zone to optimise its extraction; and definition drilling of the upper high-grade Valdecañas Bonanza Zone where test mining has already begun and the focus for the first several years of mining in this area.
“The El Oro district is a well-known mining district with over 8 million ounces of gold equivalent produced from only 2 of over 50 known veins,” says Joanne Freeze, President and CEO of Xali Gold. “There is huge potential in the area, and we’ve identified some new drill targets to test some of the other underexplored veins.”
“Drilling on the eastern side of El Refugio extends the high-grade gold and silver 80 metres east. The broad, high-grade intercepts provide a significant boost to the resource potential in this part of El Refugio. Additionally, a program of deep holes proximal to the bonanza grade intercept of hole CDH-077 has commenced consisting of 6 holes to fill the area up and down dip of the intercept and to the west. The first of these holes is complete, with gold and silver sulphide mineralisation observations consistent with previous El Refugio structure intercepts.”
N. Eric Fier, CPG, P.Eng, and CEO, stated, “Las Chispas mine construction is currently on time and budget based on several activities including our early decision to implement strict company-wide COVID-19 protocols and build a confined construction camp, which has reduced risks and benefited the Project’s overall schedule. This approach has allowed us to see better productivity than anticipated and limited disruption in our work schedules and supply chains.”
The 27,000-meter CLG definition drilling campaign continues to define further mineralization both on the southeast and northwest extensions of the deposit beyond the present reserve blocks. Since the definition drilling program began in late 2020, 36 and 14 holes have been completed in the SE and NW zones, respectively.
Mr. Allen Palmiere, President and CEO of Gold Resource Corporation. “The results of drilling completed in the first half of 2021 have confirmed the potential for identifying new resources at the Don David Gold Mine. The focus of our geologists, has been to explore new areas and to continue identifying additional mineralization along strike and up-dip at shallower elevations above the current mine workings.”
Rick Trotman, President and CEO of Barksdale stated: “This is the first drill program in Barksdale’s corporate history, and we couldn’t be more excited to start testing the initial targets at San Javier. I was in Mexico to oversee the start of the program and am very pleased with the quality and professional nature of our team, including the drill crew. We look forward to providing additional updates as we advance the drilling program and begin to release technical updates to the market.”
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