Category: Exploration and Development

“Our drilling at El Orito within Los Ricos North continues to yield exceptional results that we believe will strengthen the initial resource estimate to be released this year,” said Brad Langille, President and CEO. “We continue to invest our free cash flows from Parral into the Los Ricos projects which we believe will create exceptional value for our shareholders.”

“With the acquisition and financing behind us, we are eager to move forward with both the Rebeico and GyC projects” stated Jonathan George, Ridgestone’s CEO and Director.

Commander Resources Ltd. is pleased to report results from a soil sampling program completed at the Company’s Pedro Gold project in late 2020.

Vizsla President and CEO, Michael Konnert, commented: “Today’s release is another example of the wider, high-grade intercepts we see at Panuco, and mineralization remains open in all directions. Tajitos is fast becoming a significant zone of mineralization. The district’s western side is increasing in importance as Tajitos is only 500 metres east of the Napoleon corridor.”

Rob Macdonald, Vice President Exploration, stated: “Drilling in the Mina La Bocona target area continues to extend the two polymetallic sulphide zones and the near surface gold mineralization identified earlier in the 2020-21 drilling. The drill program, which was recently expanded from an initial 10,000 metre program to a 20,000 metre program, will continue to focus on the development of these targets and the systematic investigation of further mineralization located to the northwest along the east side of the Cerro.”

Akiba Leisman, Chief Executive Officer of Mako states that, “we are continuing to systematically drill the Arras Zone, which we plan to begin mining next calendar year. The Arras Zone is more complex than the nearby San Albino Zone currently being mined, but despite the complexity, it is yielding positive surprises.”

Heliostar CEO, Charles Funk, commented, “These results are an excellent start to our drilling program at La Lola. To prove that higher grades occur within the main La Barra vein is a significant development and the company continues to drill looking for the heart of the system. This 1,500-metre program is the first ever drilling completed at La Lola and if Heliostar can demonstrate ore grades we can then step-out along the entire length of the La Barra vein.”

“The interception of wide and high-grade mineralization in close proximity to current production areas at the mine reflects the structural complexity of the deposit and unveils discovery potential remaining at the San Jose Mine.”

The Company has contracted GlobeXplore, S.A. de C.V. of Hermosillo, Sonora, Mexico to conduct the HQ core drilling at Copalito. Results of the drill program will be announced as soon as the assays are received and interpreted by the Company.

Radius Gold Inc. is pleased to provide an update on its phase four diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Pan America Silver Corp., the project operator, has completed 4386m of drilling in 10 drill holes. Results for AMDD20-22 to AMDD21-25 have been previously reported, with results for AMDD21-26 to 31 pending. Drilling has concluded for phase four.