Category: Exploration and Development

“With the extremely high-grade intercept in hole CDH-072 we have confirmed the bonanza grades El Cometa intercepted by the historic drilling (UC-03) and further developed the model for the complex El Cometa vein system. The model will guide future exploration in this structure which extends 2km east to Los Reyes. Our deeper drilling to extend the eastern side of the El Refugio clavo has shown excellent continuity intercepting multiple veins.”

Almaden Minerals Ltd. is pleased to announce that it has completed a surface induced polarisation geophysical (IP) program at the Ixtaca deposit, Mexico.

Tarachi Gold Corp. reports assay results from surface RC drill holes at La Dura mine, Jabali concession. Highlights include JAB-21-14: 12m @ 7.26 g/t Au (incl. 6m @ 12.27 g/t). Results confirm near-surface gold trends, new anomalous zones, and widespread mineralization, guiding next-phase drilling despite challenging lithologies.

“We are excited about the future prospects for Jackie given the lack of historical exploration and the intense silicate and oxide alteration with high-grade precious metal values ranging up to 9.65 g/t Au and 515 g/t Ag identified in the target area anomaly which will provide the main focus for the new program,” said Greg Davison, Silver Spruce VP Exploration.

“The results from the 2021 surface drilling program at the La Colorada Vein are very encouraging. La Colorada, together with the San Juan and Yecora veins, continue to deliver near surface, high-grade silver and gold results over significant widths. These results are being incorporated into the maiden San Juan Area resource estimation, expanding the mineralized zones along strike and down dip.”

Greg McKenzie, President and CEO commented: “These drill results are very encouraging, proving our concept that the large bulk tonnage underground targets are prime for expansion.”

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the first results of the near-pit exploration drilling program, as these intercepts indicate that we should be able to expand the currently modelled high-grade zone to the north.”

Radius Gold Inc. is pleased to announce that recently completed rock sampling at Maricela project has identified both high grade gold-silver vein targets and wide (up to 25m) stockwork and breccia zones.

Medicine Springs shows many of the earmarks of a significant Carbonate Replacement Deposit (CRD) similar to the Santa Eulalia District in Chihuahua Mexico which hosts Reyna’s Guigui Project.

“These new drilling results are continuing to expand the size of the El Orito deposit,” said Brad Langille, President and CEO. “The mineralization at both the El Orito and El Favor deposits can be identified and followed with the IP survey and I believe will help to locate and define the next series of deposits on our Los Ricos North properties.”