Planning for the gold exploration program has continued with desktop studies which have established targets and defined a Scope of Work for immediate commencement of field mapping, sampling and drilling in the current field season.
CEO Michael Konnert stated “Following the announcement of the high-grade results from the Napoleon vein last week, Panuco has demonstrated significant potential at the underexplored district. With the third drill rig on site and expanded discovery drill program, Vizsla can now explore other high potential targets along the Napoleon, Cordon del Oro and Animas vein corridors.”
Silver Viper’s President and CEO Steve Cope states, “Work on site progresses steadily and systematically. We explore with a section by section approach at El Rubi. Results of a newly generated airborne geophysics survey are expected to assist in our definition of drill targets along the El Rubi trend. We are pleased to have completed the initial test at the Macho Libre prospect and that the drill is now moving to Rubi East while we await the balance of Macho sample results.”
The Phase 1 program is focused on: upgrading and expanding the current mineral resource; testing identified zones of high-grade gold and silver potential; and advancing our understanding of the geology and structural controls of the known deposits on the property.
Kootenay President and CEO James McDonald stated: “These results show excellent continuity and grade along the F Vein for 700 meters of strike length and depths to 240 meters. Having established at least one well mineralized shoot within the F Vein over a substantial area we will now focus on testing other veins on the Property.”
“We are excited to begin stepping out from our numerous Phase I Drilling discoveries. Phase I confirmed our geological model, proved that Alamos is a silver district and generated a significant inventory of high-grade vein targets for Phase II drilling,” stated Darrell Rader, President and CEO of Minaurum.
Mr. Jonathan George, CEO, commented “We are very pleased that all three of these holes intersected multiple runs of elevated copper and visible chalcopyrite over tens of metres of length down-hole from the reported, near-surface significant results.”
GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very pleased with the progress of our exploration program at both the Plomosas and San Marcial Projects. At Plomosas we have not only 6 areas already drilled where we are initiating surface drilling to expand mineralized zones along strike but also 11 very promising priority exploration targets with evidence of veining.”
“The project site is quickly taking shape and we remain on track for construction to conclude around the end of the year.” stated Darren Koningen, CEO of Minera Alamos.
Riverside’s President and CEO, John-Mark Staude, stated: “We are excited to be working together with Carlyle to progress the various exploration targets at the Cecilia Project and particularly our shared keenness for discovery of high-grade mineralization on the district scale property package that Riverside consolidated and worked up.”
Mexico Mining Center © 2021 / All Rights Reserved
