Category: Exploration and Development

Tocvan Restarts Drilling at Pilar, Targeting Priority Areas for Expansion. Outlines Path Forward for Sonora Projects

“We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant,” commented Brodie Sutherland, CEO. “All of these targets have compelling surface geochemistry that warrant further evaluation. Information collected here will be instrumental to the next steps of development as we look to utilize substantial funding to fully unlock the potential of Pilar.”

Silver Spruce Mobilizes Geological Team and Collars First Hole Of 2,000 Metre R/C Drill Program on The Pillado and La Prieta Au-Ag-Pb-Zn-Cu Targets at Diamante Project, Sonora, Mexico

“Our first two targets, Pillado and La Prieta, exhibit multiple vein, breccia, disseminated and manto-style mineralization, locally with fault controls parallel to and intersecting high grade polymetallic, silver-gold and base metal-bearing occurrences with historical artisanal mining. Importantly, despite the number and quality of known mineralization targets, there is no recorded historical drilling on Diamante to date,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

Alamos Gold Announces Completion of Construction and Initial Production at La Yaqui Grande

“This represents a significant achievement with construction of La Yaqui Grande having been completed ahead of schedule while navigating a challenging environment over the past few years with COVID-19. On behalf of Alamos, I would like to congratulate our entire team at Mulatos. La Yaqui Grande represents another in a long line of discoveries that have continued to extend the mine life of the overall Mulatos Complex since it began producing in 2005.”

Sonoro Gold Completes Phase IV Drilling Program at Cerro Caliche Reports Multiple Higher-Grade Intercepts & Expansion of Gold Mineralized Zones

Kenneth MacLeod, Sonoro’s President and CEO, added, “The completion of the drilling program is another important milestone in the development of Cerro Caliche. Last month we announced the positive results of an updated PEA and are currently assessing the potential economic impact of the new drilling data on the proposed heap leach mining operation. An updated resource estimation is expected to be filed this fall and we will continue to work on securing project financing and moving the project forward.”

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