Category: Exploration and Development

CEO and President of IMPACT Silver, Fred Davidson, comments, “While IMPACT exploration focuses on near-term increases to mine area tonnage and brownfield opportunities, transactions such as this one with promising junior explorers with access to capital allow IMPACT to unlock additional value and exploration upside without time commitment and capital from our team. With over 200 square kilometers of land, we believe we have just scratched the surface and invite a dynamic company such as Red Oak to share our exploration upside.”

Said VanGold Mining director William Gehlen, geologist and epithermal system expert: “There are a lot of things to like about these results, and chief among them is the uniformity of good grades from what was historically considered waste rock.”

Vizsla President and CEO, Michael Konnert, commented: “Recent drilling continues to grow the Napoleon discovery area where the best new intercepts are from the deepest holes completed. Mineralization has been extended to the south over 50m and is completely open at depth.”

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “The first three holes into the 3500 metre continuous chargeability anomaly were focused at the southern end. Results from hole AGT-15 shows promising grades of over a half kilo per tonne of silver. Hole AGT-16 drilled 2200 metres to the north of AGT-15 also hit promising lead and zinc grades in a zone of semi-massive sulphides. It is clear we have a very large sulphide system at Tabasquena.”

Mexus CEO, Paul Thompson added, “I’m excited for gold production in the coming weeks. We believe that a substantial amount of gold trapped on the pad is now going to be recovered.”

James McDonald, President and CEO of Kootenay stated: “We are excited about the resource and grade potential of these breccias and stockworks because they offer potential for both high grades and large tonnages. At the present time, we are drilling the previously undrilled areas of the E Vein, located 100 to 400 meters east of the F Vein. Drilling will then move onto the B and D veins to follow up on previous hits such as 628 gpt silver over 1.5 meters in drilling from last year.”