Category: Exploration and Development

Kootenay President & CEO, James McDonald, stated “This area of the J and Z Vein has become very exciting and prospective following this second considerable intercept of high silver grades. Finding silver hosted in breccias and stock works in this area indicates the potential to discover large mineralized zones along shorter strike lengths than typically seen in the veins themselves.”

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “After a few months shutdown due to COVID-19, we restarted in late May with 8 drills focusing on in-fill and expansion of high-grade mineralization on the Babi Vista Vein. Drill results to date have been better than expected with 25 holes out of 124 holes showing grades greater than 2,500 gpt AgEq with good continuity.”

Silver Tiger CEO, Glenn Jessome states, “These underground channel samples in the Fundadora, Protectora, Caleigh and Aquilas Norte veins confirm high grade silver values across kilometers of strike length in these vein extensions North of the historic El Tigre Mine. We look forward to beginning drilling on all of these veins at the end of August.”

Ron Goguen, Colibri’s President & CEO states “We are excited to be completing this survey and obtaining this data. It is anticipated that recently mapped and sampled structures will have a magnetic signature which we can follow along strike and under the cover of alluvium and colluvium.”

“This has been a very exciting year for Coeur’s exploration programs and one of the best first halves of drilling results in the Company’s history,” said Hans J. Rasmussen, Coeur’s Senior Vice President of Exploration.

GR Silver Mining President and CEO, Marcio Fonseca, commented, “These results confirm continuity of the Plomosas Mine Area mineralized system, extending at least 700 m along strike to the NW. Additionally, our recent surface exploration work has provided evidence that the mineralized footprint extends beyond the existing drilled areas. The definition of silver-gold rich mineralized zones close to the surface represents potential for the delineation of shallow resources at the Plomosas Mine Area”.

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the initial drill results as they confirm the previously reported grades and modeled continuity of the deposit. We are particularly excited about drill hole 002, as this appears to indicate that there is good opportunity to expand the high-grade mineralization to the southwest, further supporting the potential development of the project.”

Arturo Bonillas, President and Chief Executive Officer of Magna, notes that: “Los Muertos exactly fits into our exploration pipeline profile. We understand the regional and local geology, and we are excited with the potential of Los Muertos given the project’s easy access, demonstrated mineral showings, and good geophysics. Los Muertos is drill-ready, and we plan to complete target confirmation and begin drilling as soon as possible. Magna is in an excellent cash and cash-flow position due to its well performing San Francisco mine, also located in the Sonora-Mojave Megashear.”