Category: Exploration and Development

Canasil Announces Start of Drill Program to Test Initial Silver-Gold Vein Target at the Nora Project in Durango State, Mexico

Canasil President and CEO, Bahman Yamini, commented: “We are pleased to report that drilling has started as planned on the Candy vein at the Nora project. We look forward to the results from this initial drill program, which will test the first of multiple targets at the project. The Nora project is exceptionally well located in a region hosting large silver-gold mines and deposits, and presents the opportunity for discovery of a high-grade silver-gold epithermal vein system.”

Avino Provides Mine Update

Avino Silver & Gold Mines Ltd. reports that members from the Mexican mining union have blocked the entrance to the Avino Mine near Durango, Mexico.

Silver Tiger Has Commenced Underground Channel Sampling on the High-Grade Silver Veins North of the Historic El Tigre Mine

Silver Tiger CEO, Glenn Jessome states, “El Tigre is a very exciting brownfields exploration story. The project area consists of a district size target with multiple historic surface and underground targets. The historic El Tigre Mine is reported to have produced 67.4 million ounces of silver and 353,000 ounces of gold during the period 1903 to 1938 with reported average production grades of 1,308 grams per tonne silver and 7.54 grams per tonne gold.”

Magna Gold Corp. Provides Operating Update

Arturo Bonillas, President and Chief Executive Officer of Magna, stated, “The residual leach operation at the San Francisco Mine continues to perform well and additional production from the processing of low-grade stockpile material is expected to further strengthen our balance sheet as we prepare to commence mining and processing fresh mineralized material next month.”

Tarachi Gold Corp. Update On Field Program

Tarachi Gold Corp. updates Tarachi Project fieldwork: Jabali’s La Dura/Virginia mapping/sampling near complete; 91 underground samples submitted (results pending). Porphyry mineralization discovered on Pretoria. Drill access secured, environmental apps ready for summer HQ diamond program. Engages C&R-TV for 3-month European IR (€22,900 + expenses).

Fresnillo plc Celebra el Día Mundial del Árbol con Iniciativas Ambientales

Octavio Alvídrez, director general de Fresnillo plc, señaló que la compañía es miembro de “Un compromiso empresarial” de WildCorp, un foro orientado a la acción para avanzar en la protección de la naturaleza y sus valores para la sociedad humana, encabezado por Naturalia, el socio mexicano de Wild Foundation.

Vizsla Drills 2,889 g/t Silver and 107.9 g/t Gold Over 3.7 Metres Within 1,808 g/t Silver and 66.8 g/t Gold Over 6.0 Metres at Panuco, Mexico

Vizsla President and CEO, Michael Konnert, commented: “We are thrilled with these high grade results as they support our understanding that the Napoleon vein system remains open along trend to the north and south and at depth. With a 14,500 metre drill program underway, The Company will continue to drill the Napoleon vein system and the multiple other drill targets in vein systems across the Panuco district. Our second rig is currently turning at Cordon del Oro. Being fully-funded, Vizsla intends to provide steady drilling news flow over the summer months.”

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