Category: Exploration and Development

Silver Viper Drills 0.5 Metres Core Length Grading 10,681 g/t silver, 738 g/t gold, 6.74% Pb and 7.11% Zn at La Virginia

Silver Viper’s President and CEO Steve Cope states, “Hole LV21-289 really is an eye opener as to the ultimate potential of this project. Obviously, the presence of spectacular grades deep in the hole will grab the markets’ attention, but beyond that, it is the deepest and widest high-grade intercept to date on the El Rubi structure which is very encouraging.”

Xtierra Drill Results on the Victor Vein

“The drill results on the first four holes are consistent with our expectations and demonstrating the continuity of the mineralization within the Victor vein which should improve the economics of the Bilbao deposit, especially with the much-improved outlook for silver prices, approaching the US$30 per ounce level.”

Aloro Provides Update

Thomas A. Doyle, President, CEO, stated “We are very pleased that Alamos has informed us that it has started its field exploration programs on the Los Venados Project. With Alamos’ experience and geologic knowledge of the immediate area with a major gold mine, I look forward to their findings.”

Excellon Drills 1,422 g/t Silver Equivalent Over 8.9 Metres at Platosa

“Initial drilling from the top of the Gap Zone has returned compelling high grade results,” stated Ben Pullinger, Senior Vice President Geology & Corporate Development. “This sub-vertical structure connects the 623 and NE-1S mantos and represents a significant opportunity to define additional mineralization at Platosa. We also continue to define and add further tonnage around known manto mineralization.”

Xali Gold Delineates Drilling Targets at El Dorado

Permitting applications are in progress for the drilling which are expected to take 3 to 4 months to receive. Permit applications are also being prepared for the reopening of the historical Hundida Mine and should take 6 to 10 months to receive.

Colibri to Acquire 100% Interest in Diamante Gold and Silver Project Adjacent to El Mezquite Project – Assays up to 39.8 g/t Au and 3,160 g/t Ag

“We are extremely happy to negotiate this favourable and timely deal with Bimsa Minera. The Diamante project sits directly beside our highly prospective El Mezquite project currently being mapped and sampled in preparation for a near-term maiden drilling program. The historical sampling and conceptual geological model for the Diamante property also indicate a favorable environment for finding potential deposits,” said Colibri President & CEO Ron Goguen.

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