Category: Exploration and Development

Sonoro Demonstrates 200-Meter-Long High-Grade Zone at Buena Suerte

John Darch, Chairman of Sonoro, also noted: “The continued expansion of the Buena Suerte Gold Zone and the positive drilling results at El Rincón and the newly identified Bellotoso zone brings us closer to our goal of developing a major bulk-tonnage, oxide gold resource with the potential to provide a source of production and revenue in the years to come.”

Gatos Silver Commences Drilling at its 100% Owned Santa Valeria Project

Stephen Orr, the Company’s Chief Executive Officer, stated “The commencement of drilling at our wholly-owned Santa Valeria project represents the achievement of another strategic milestone to broaden Gatos Silver’s mineral asset base. Santa Valeria is believed to be a basin-bounding, geologic mirror of Cerro Los Gatos and we are excited to initiate this drill campaign to explore the mineral potential on the eastern half of this prolific basin.”

Silver Viper Drills 1.0 Metres Core Length Grading 491 g/t Silver and 10.3 g/t Gold and 1.0 Metres Grading 351 g/t Silver and 11.1 g/t Gold Within 28 Metres Long Mineralized Interval in Hole LV21-290 at La Virginia

Silver Viper’s President and CEO Steve Cope states, “The results from LV21-290 further indicate the significance of the La Virginia Project, in particular, the El Rubi discovery zone. The 28.0 metres core length interval reported here was encountered 50 metres along trend in a southerly direction from, and at a comparable elevation to, the 19.3 metres interval previously reported from hole LV21-289. We look forward to continuing to release results from El Rubi and are excited about the upcoming catalyst of a maiden resource on the project.”

Prime Mining Doubles Los Reyes Land Position To 13,800 Hectares

“Recent prospecting, surface sampling, and drilling results suggest the Eastern regions of Los Reyes are likely very prospective. Current work has identified low sulfidation epithermal-style mineralization at 540 to 1080 metres (“m”) above sea level at the Guadalupe East deposit and at historic adits some two kilometres to the east, respectively. We are now more confident that the local mineralized system is at least 500 m in vertical height,” Daniel Kunz, Chief Executive Officer of Prime Mining Corp commented.

Exploration Update, Copalquin Gold Silver Mexico

Mithril Managing Director and CEO, John Skeet, commented: “We are very pleased to be observing native gold and other important minerals in core sections drilled at El Refugio and eagerly await the assays from the external assay laboratory. Our first soil sampling program for 2021 has been completed with results also due for release shortly.”

Plomosas Plant Commissioning Commenced

Brad Marwood, Managing Director of CZL advised “We are very pleased with the progress made to date commissioning the Plomosas plant. Our modelling indicates a bright future for CZL at Plomosas and the increased cashflow from running the Plomosas and Aldama plants during Q2 2021 should allow CZL to accelerate the expansion of the Plomosas plant to 200 tonnes per day during 2021. The size of operations in production matters, as does direct control of the processes, and the steps taken in the last few months strengthen our business model.”

Canuc Provides San Javier Exploration Update

Canuc Resources Corporation is pleased to announce results from additional rock sampling at the Company’s wholly owned San Javier Silver-Gold Project in Sonora State, Mexico. The latest samples were collected from three previously unsampled areas which were identified as magnetic anomalies in the Company’s recently completed airborne magnetic survey.

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