Category: Exploration and Development

GoGold Releases Additional Results from La Trini at Los Ricos North, including 5.6m of 1,070 g/t AgEq and 17.2m of 330 g/t AgEq

“Our exploration program at the La Trini target in Los Ricos North is continuing to provide strong results and a better understanding of what controls high grade mineralization. Our drilling program in Los Ricos North is rapidly expanding from La Trini towards Salomon-Favor with a total of 6 drill rigs currently and a plan to increase to 8 to 10 rigs over the next 60 days,” said Brad Langille, President and CEO.

Silver Spruce Provides Update on Pino de Plata

“We are maintaining communication with drilling and geological teams in Mexico to exercise contract offers on a timely basis and we look forward with great anticipation to initiation of our fully funded Phase 1 drilling program on the Pino de Plata silver project.”

Capitan Mining Inc. Receives Drill Permit and Commences Drilling at Penoles

Capitan’s CEO, Alberto Orozco, stated: “I am very excited to commence drilling at the Peñoles Project, and to be doing it as scheduled despite the challenges faced by our industry pertaining to Covid. We have a great technical team at Capitan, with significant experience in heap leach projects in Durango, Mexico. I am also pleased to have Layne de Mexico contracted as our driller at the Peñoles Project.”

Mithril Extends Gold and Silver Vein System at La Soledad

“At La Soledad, the drilling has confirmed the high grades for gold and silver and has indicated considerable size for the La Soledad mine area with multiple high-grade parallel veins intercepted in this preliminary program. We are very pleased with these first drill results and to have gained considerable understanding about this multiple high-grade vein system. We look forward to returning to La Soledad in the next program.”

Candente Gold Secures Cornerstone for New Growth Strategy

Candente Gold Corp. is pleased to advise that the Company has signed the Definitive Agreement (signed April 28th, 2020) with Magellan Acquisition Corp. which gives Candente Gold the right to earn up to a 100% interest in the San Dieguito de Arriba beneficiation plant and take over their rights to a lease agreement on the El Dorado Property, both located in Nayarit State, Mexico.

Brigadier Commences Diamond Drilling Program at Gold-Silver Picachos Property, With First Phase Focusing on Past Producing San Agustín High Grade Mine

Ranjeet Sundher, CEO, remarks “Brigadier’s multi-talented team has raised $4.2 million and advanced the Picachos property from acquisition to drilling in a relatively short period of time and we look forward to keeping our shareholders updated as drill assay results are received. We are fortunate that Brigadier’s core leadership now includes Michelle Robinson who together with her team, residing in Sinaloa, are intimately familiar with Picachos, the local community, and how to shape a sustainable and beneficial presence in the region.”

GR Silver Mining Announces a Significant Underground Discovery of Polymetallic Mineralization at the Plomosas Silver Project

“The presence of three styles of mineralization: (1) disseminated or massive sulphide-style mineralization adjacent to (2) the structurally controlled Pb-Zn-Ag-Au hydrothermal breccia and (3) high-grade Au-Ag low sulphidation mineralization, reinforces the potential for large-scale mining at Plomosas, in areas consisting of underground development completed by previous operators.”

Mexus Gives an Update on its Santa Elena Mine and Mabel Property

Mexus’ ball mill gravity recovery system is nearing completion and is expected to be operational by October 15th. This system will add value to the already existing heap leach gold recovery process. The company will continue to review all options at both the Santa Elena project and the company’s Mabel property.

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