Category: Exploration and Development

Rob Macdonald, Vice President Exploration stated: “We began this drill campaign targeting an approximate 30% increase in the Mineral Resources for the Cerro las Minitas project which currently totals 134 million Silver Equivalent ounces in the Indicated category and 138 million Silver Equivalent ounces in the Inferred category through the addition of new mineralization in the South Skarn and Mina La Bocona areas which are not included in the current Mineral Resource Estimate of the property.

Almaden has been supporting local initiatives for many years and is pleased to do so particularly when it can be as impactful as enhancing access to fresh water and expanding local irrigation capacity. As the Ixtaca project advances we look forward to additional projects we can support in partnership with local communities and authorities which enhance and diversify economic development opportunities in the region of the Ixtaca project.

Trenching in the El Sahuaro target area was initiated to follow up on grab samples of 4.81 g/t Au and 4.18 g/t Au collected in 2019. Assays from the third batch of trench samples included values of 17.75 g/t Au and 6.93 g/t Au.

“We are very excited to begin Reyna Silver’s first ever drill campaign!” stated Jorge Ramiro Monroy, CEO of Reyna. “Our target is the source of Mexico’s largest CRD system and we are pleased to be building on decades of groundwork done in the district.”

Consolidated Zinc Limited is pleased to advise that refurbishment of the wholly owned on-site plant which commenced in October, following receipt of the permit for a tailings storage facility, has progressed well and is on track to be completed in early 2021.

Sonoro Gold Corp. is pleased to announce assay results from its ongoing drilling program at the Cerro Caliche Project in Sonora State, Mexico confirming strategic extensions to several shallow gold mineralized zones in the northwest-central region of the concession.