“Drilling at El Dorado continues to expand tonnage, which is still open in several directions,” stated Philip O’Neill, Chief Executive Officer. “We believe that the drilling to date is likely to significantly increase tonnage in a future resource estimate while also providing the basis for a Preliminary Economic Assessment.”
Vizsla President and CEO, Michael Konnert, commented: “Drilling at Papayo continues to deliver high grade results that expand the strike length to 300m and mineralization remains open in all directions.”
“To date, the drilling at the first project area in the district has successfully intercepted high-grade veins and given valuable data for three different vein groups at the Cometa Project.”
Brigadier Gold Limited is pleased to announce that the first five diamond core drill holes of a 5000 metre, 40-hole program at its Picachos Property have intersected the San Agustín vein up to 180 metres below surface.
As reported in News Release dated, October 22nd, 2020, samples collected to check historical reporting confirmed grades of 5.663 grams per tonne gold over 6 metres and 4.322 g/t gold over 8 metres in quartz breccia bodies which we understand are typical throughout the deposit.
“We believe that the presence of buddingtonite in the SE Alteration zone would be significant in helping us to vector into new potential areas of epithermal veining, as this clay mineral is known to be associated with epithermal veining in different parts of the world, and does appear to occur on this property in association with the known Ixtaca epithermal veins.”
“Michelle Robinson and her team on the ground at Picachos have delivered promising early results indicating that the vein which hosts the historic high grade San Agustin gold mine may be of material width and vertical continuity.”
The Program successfully verified the existence and continuity of mineralized gold and silver veins at the project, where there is no evidence of modern exploration. Results demonstrate several areas having potential to host high grade deposits that will be the focus of follow up drilling.
To the best of Riverside’s knowledge, the Santa Rosalia Mine area has never been drilled…As part of the drilling program Riverside will be using oriented core technology that should add significant understanding on the downhole vein and fault orientations allowing for more detailed interpretations and targeting for subsequent drilling campaigns.
Prime Mining’s Chief Executive Officer Daniel Kunz commented, “These trench and adit sampling results provide yet more insight for drill hole targeting as we prepare for the upcoming 10,000 m core drilling program. Drilling in areas that exhibit resource expansion potential is a top priority of our initial program together with deeper drilling to look at the possibility of more mineralization below the current known resource.”
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