Category: Exploration and Development

Morgan Good, Carlyle’s Chief Executive Officer, commented, “The Riverside technical team have once again provided excellent field results with high-grade gold assays of up to 48.3 g/t from the most recent batch of channel samples at the Cecilia project. The company is very enthusiastic as it advances one step closer to the maiden drill program at Cecilia and is optimistic its partner Riverside will continue delivering exploration success in the weeks and months ahead.”

Bradford Cooke, Endeavour Silver CEO commented, “These two acquisitions not only expand our property footprint at Terronera, they add multiple new mineralized vein structures with strong resource potential where we can add value through the drill bit. We look forward to increasing our drill budget next year to advance our sizable resource base in this district scale, high-grade, low sulfidation epithermal vein system.”

“Our diamond drilling program has now tested along 1,000m of the historic El Favor vein and workings. We’re pleased to be intersecting wide zones with some very high grade silver and gold mineralization so close to surface. These first nine drill holes have confirmed the wide zones of mineralization mapped and sampled on surface continue down dip for close to 600m.

2.4 Metres (TW) Grading 555.36 gpt Au and 19,452.8 gpt Ag, or 61,105 gpt AgEq

“This Mineral Resource estimate is an excellent start for the Cerro de Oro gold project. With this in hand we are confident about rapidly advancing the work required to put us on a path toward a production decision at Cerro de Oro following the initial start up of operations at Santana.” stated Darren Koningen, CEO.

Tarachi President and CEO, Lorne Warner stated “We are excited to start our first phase of drilling soon at San Javier with nine proposed holes for a total of 864 metres, once completed the style and structural controls to mineralization will become better understood and further drilling will be proposed.”

Rob Macdonald, Vice President Exploration stated: “The mineralization identified in 20CLM-119 is comparable in both grade and thickness to several mineralized intercepts previously identified by Southern Silver at the South Skarn and Bocona targets in drilling between 2011 to 2015 and provides confidence in our targeting as we work to continue expanding the mineral resource base at the Cerro Las Minitas project.”