Category: Exploration and Development

“Exploration is progressing well with the trenching and sampling on the additional targets along the primary Testerazo structural trend. Our team is building confidence in Centro and Santa Rosalia Sur targets and will continue progressing the exploration of this well-endowed district. After years of work on various parts of the district it is exciting to see the drilling going well and defining at least 4 separate shear zones, vein zones with gold mineralization present at the surface. We see interesting potential here for upside expansion from past mining operations.”

VanGold Director Hernan Dorado Smith said, “The importance of having access to Level 7 from the Pinguico shaft cannot be overstated. This is the first time in decades that this area of the mine – the highest grade mine in the Guanajuato region when it was in production – has been accessible for exploration and development.”

“The ability to quickly mobilize equipment and field crews to Pilar is a testament to the strong team we have here in Mexico,” commented President and CEO Derek Wood. “After visiting the site this past week, I am very happy with the progress to date and look forward to continued exploration at Pilar. Tocvan is excited to lead the advancement of Pilar and would like to thank all of the field crews for their efforts.”

Magna Gold Corp. is pleased to announce results from drilling activities on our 100% owned La Pima property located in Mojave/Sonora Megashear, 24 km northwest of Magna’s San Francisco Gold Mine

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very encouraged with the results of the initial bulk sampling of the San Juan Breccia, which has indicated that a high- grade silver-gold concentrate can be produced using standard grind and flotation processing technology. Our current focus continues to advance surface and underground drilling with five diamond core rigs at the Plomosas Silver Project. We are also carrying out preliminary metallurgical studies to investigate potential metallurgical flow sheets, aiming to achieve high-value final concentrate products from the areas being drilled.”

“The awaited assays for hole CDH-033 at the El Refugio target have further supported the geologic model and have returned an excellent intercept. All indications from the mineralogy of the drill core support deeper drilling to intercept further high-grade vein. There is also support for the existence of stacked boiling zones. El Refugio is shaping up as a very strong and important target in the Copalquin district.”

Fabled Silver Gold Corp. is pleased to announce that further to its news releases on July 15, 2020 and August 14, 2020, it has closed its previously announced acquisition of the Santa Maria Mine in the State of Chihuahua, Mexico and received the approval of the TSX Venture Exchange to the same.

“We have been waiting for the right time to complete a drill program at Yoquivo to test its potential to host high-grade silver and gold mineralization, and we look forward to announcing results from this program.”