“Exploration and diamond drilling efforts led by head geologist Michelle Robinson, have successfully identified an extensive mineralized vein system and numerous targets for follow up investigation, including a large, unexplored copper porphyry target situated in the northern part of the Property.”
Taj Singh, President and CEO, states: “Our vein drilling at Josefina continues to deliver bonanza grade intercepts.”
“Our geological modelling has resulted in discoveries of extensions adjacent to the area undergoing resource estimation. The Company’s 3D geological interpretation has significantly improved our understanding of the geological setting at the Plomosas Mine Area, revealing a much larger epithermal system than originally contemplated”.
The Company drilled approximately 2,500 metres of large diameter (PQ) core providing 10 tonnes of material for metallurgical testwork that will focus on the new heap leach processing route.
Ridgestone Mining Inc. is pleased to announce it has commenced permitting for drill programs at both projects in Mexico: the Guadalupe y Calvo gold-silver project in Chihuahua State and the Rebeico copper-gold project in Sonora State.
Vizsla President and CEO, Michael Konnert, commented: “The trial electromagnetic survey has proven to be extremely successful and adds the ability to directly target the best parts of veins within the district.”
Riverside’s President and CEO, John-Mark Staude: “This recent work at the Roble and Ciruelos targets has found extensions, high-grade gold, and strong epithermal gold signatures similar to those found to the east in Tayoltita – San Dimas mining district which is one of Mexico’s top 5 gold producing mining camps.
James McDonald, President & CEO reports, “CDH-21-94 and 96 continue to hit consistent and high-grade results in the F Vein and are particularly important. They encountered excellent grades to 985 gpt and 425 gpt silver, respectively, within wide zones of high and moderate grades in a large area of the vein with no previous drilling.”
“We have entered an exciting phase of the exploration where we have greatly advanced our understanding of this extensive epithermal gold and silver system and are targeting the important interaction between the multiple vein structures as well as extending the mineralisation even further along strike and at depth.”
Xali Gold Corp. is pleased to advise that the company has signed a new Exploration and Production Agreement with Ingenieros Mineros, S.A. de C.V. on the El Dorado Gold-Silver Project, located in Nayarit State, Mexico.
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