Category: Exploration and Development

Capstone Cozamin Mine to Average Over 51 MIbs Cu for 10 Years; Initiates “Impact23” Project for Further Growth

Darren Pylot, Capstone’s President and CEO said, “After 14 years in operation, the best years of Cozamin are ahead. The mine is world-class with sustainable low costs and leading safety and environmental performance entrenched throughout the organization. The growth initiatives are supported by an entrepreneurial fabric at Capstone, as we embrace innovation and technology to create high impact value for our shareholders.”

Canuc Doubles Land Position at San Javier

“We are pleased to have been able to acquire important mineral claims at San Javier in advance of drilling on the IOCG targets that have recently been identified on our Company ground. The Canuc team believes that we have significant discovery potential, and that our ground position is centrally located in what is rapidly becoming a dynamic mining and exploration camp.” Stated Christopher Berlet, President & CEO of Canuc Resources Corp.

Oroco Announces Significant 3D IP Survey Results

“The preliminary 3D IP inversion modelling has revealed an extensive area of strong chargeability response that encloses the known North Zone deposit and extends beyond the historical drilling to the north, the west and to depth,” said Craig Dalziel, Oroco’s CEO.

Golden Minerals Discovers New Vein and Intersects Excellent Gold and Silver Grades at its Yoquivo Project in Chihuahua, Mexico

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “These excellent drill results from Yoquivo highlight its potential to host economic gold-silver mineralization. This recent drilling has identified multiple veins with potentially economic gold-silver grades, including a newly discovered vein without previous historic mining within our district scale property holdings. We plan to follow with a second phase drill program which could start in the next few months.”

Minera Alamos Provides Santana Mine Construction Update

“We have made tremendous progress towards the completion of construction at the Santana gold project since activities were allowed to restart around the middle of last year following the widespread Covid-19 shutdowns. Major civil works are now drawing to an end and the focus has shifted towards the final placement of field connections required for fluid handling systems involved in the leach process.”

Defiance Doubles Land Position at Tepal

Chris Wright, Chairman & CEO of Defiance commented, “The agreement to acquire this additional license more than doubles Defiance’s footprint at the Tepal Project. Not only does the land package contain good exploration potential, the license area underlies key proposed mine infrastructure as defined by the 2017 Preliminary Economic Assessment.”

GoGold Announces New Discovery at El Orito in Los Ricos North Including 43m averaging 323 g/t AgEq

“We are really excited about this new discovery which is 1.2km to the west of the El Favor deposit. These are the first holes that have ever been drilled in this area of Los Ricos North. These strong results further strengthen our belief that Los Ricos North is a very large mineralized system,” said Brad Langille, President and CEO. “For Los Ricos we see 2021 being a year where more resources may be defined, and there is the potential for further discoveries like El Orito.”

Mammoth Commences 2021 Field Exploration Program

“Our personnel are following guidelines suggested by leading medical experts while we advance activities at Tenoriba to position the project for the infill IP/Mag geophysics survey scheduled to commence mid-February. Once completed, the new geophysical data will be incorporated into the 3D modelling of all historic and new geophysical data, plus all surface and drill data, to assist in selecting drill targets for the Mammoth’s upcoming 2021 drill program.”

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