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.
“Silver Spruce put the technical boots on the ground and our Hermosillo-based geological team has discovered a high quality, broadly-zoned geochemical anomaly with multiple mineralized surface rock samples ranging up to 9.65 g/t Au and 515 g/t Ag with intense oxide and silicate alteration, and presence of base metals and pathfinder elements,” said Greg Davison, Silver Spruce VP Exploration.
Tarachi Gold Corp. is pleased to announce that drill crews have completed the auger drilling program at the Company’s wholly owned Magistral Mill and Tailings Project in Durango, Mexico.
“The Company is tremendously proud of the efforts of our Mexican operations group and their success in moving a new gold project through construction and into operations during the worldwide Covid-19 pandemic. It has required major perseverance and significant skill and creativity.” stated Darren Koningen, CEO of Minera Alamos.
Capitan’s CEO, Alberto Orozco, stated: “I’m pleased to report that all of our reported drill holes to date have intersected gold mineralization, highlighting the significant scale of the mineralized system at our Peñoles project.”
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