Category: Exploration and Development

Taj Singh, President and CEO, states: “We have now expanded the higher-grade bulk-tonnage domain by 300 m northeast along strike in the South Corridor. This area of the deposit had seen only limited drilling historically. Our recent drilling, including highlight intercepts in this release of 132 m at 118 g/t AgEq and 126 m at 103 g/t AgEq, has consistently delivered broad zones of near-surface mineralization. These results are a positive surprise and emphasize the sheer scale of the higher-grade mineralizing system at Cordero and show the opportunities that lie ahead for the Project in this rising silver price environment.”

IMPACT Silver Corp. is pleased to announce that it has purchased two core drills to accelerate exploration drilling on the property and has started a 10,000 metre drill program.

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are pleased to enter into the Agreement with Mako for the acquisition of Properties. This acquisition will strengthen our position in this region and is consistent with our strategy of controlling 100% of what we believe are the most important silver and gold assets in the Rosario Mining District, Sinaloa, Mexico.”

Jonathan George, CEO and Director of Ridgestone, commented, “We are very excited for this addition to Ridgestone Mining project portfolio as we increase our footprint in Mexico. The Guadalupe y Calvo project represents a significant asset that we look to advance through exploration which will include a review and 3D interpretation of the current drill hole database in the coming months.”

“We have two rigs turning underground right now, with a number of targets to follow-up on. A critical target is the “Gap Zone,” an area of potential sub-vertical mineralization that was never properly drilled historically from surface and that is open to our developing 10-20 target, 300 metres away. This area represents a significant opportunity to define additional mineralization at Platosa.”

“This first pour represents a tremendous milestone for Golden Minerals. Not only have we brought Rodeo online amidst the many challenges presented by Covid-19, but we have brought it to production both on time and on budget. I’d like to extend my heartfelt thanks to all our employees and business partners who helped us achieve this milestone,” said Warren Rehn, President and Chief Executive Officer of Golden Minerals Company.

Vizsla President and CEO, Michael Konnert, commented: “Intersecting over ten kilograms per tonne silver equivalent in such a large step-out significantly expands the size potential of the Napoleon shoot.”

This initial drill program will consist of 12-14 drill holes and will be conducted underground, within old workings at the historic El Pinguico mine.

Mithril Managing Director and CEO, John Skeet, commented: “The successful 2020 maiden drill program has provided the El Refugio discovery and the technical basis to test and expand the extents of the high-grade gold and silver mineralisation within the contiguous Cometa and Reyes Project areas in the Copalquin district. I thank all participants for their continued support and we look forward to reporting news of our exploration work in the district over the coming months and providing a maiden resource later in the year.”

Riverside’s President and CEO, John-Mark Staude: “We are starting 2021 strong with an exciting drill program at the Cecilia Project. Recent exploration work has demonstrated the potential for high-grade gold mineralization at structural intersections namely the San Jose fault and the Agua Prieta structural corridor. Further work on the other target areas to come later this year as well as continued progress at additional Cerro Magallanes zones.”