Drilling results continue to demonstrate the potential coalescence of the Japoneses and Buena Suerte zones with results from the Buena Vista extension suggesting the potential of all three zones combining into a single body of shallow, oxide gold mineralization.
Mexus Gold US announced that on April 12th the company plans on blasting at its Santa Elena mine located near Caborca, MX. The blast will produce approximately 10,000 tons of mineralized material averaging 2.2 gpt Au. Mexus expects to be producing gold from this material within 30 days of the blast.
CEO Michael Konnert stated, “With the eighth drill rig mobilized to site the Company is well positioned to maximize its drill program for 2021. We continue to see positive results from the Company’s drilling program as demonstrated by the news of the expanded Tajitos vein on March 30, 2021. Vizsla is excited to continue to show the potential of the prospective targets at the Panuco project and look forward to the eighth rig starting to drill at the La Bomba mine soon.”
“I don’t think I’ve ever seen this much textural complexity of quartz in one drill hole before”, commented Geologist and Qualified Person, Michelle Robinson. DH-BRG-043 from Punto Cinco is definitely part of a significant mineral chute, and I look forward to interpreting the assay data when it is ready.”
The acquisition of Marlin is the third significant transaction completed by GR Silver Mining since listing on the TSX-V in March 2018. In accordance with the Company’s long-term strategy, GR Silver Mining now controls two past-producing mines (Plomosas and La Trinidad) that are fully permitted for future production, a current resource at San Marcial, as well as the most prospective Ag-Au exploration ground in the Rosario Mining District.
Peter J. Hawley, CEO and President, remarks, “We are heading into areas never explored before, with new ideas to test our structure-on-structure theory over the Property. Hole SM20-07 intercepted two broad zones of northwest trending, never seen before, semi-massive marcasite, (pyrite) in hornfels, and to the east 225 meters, we tried to cross the major C1 regional north – south fault in the center of the Property.”
“Our Mexican operations team has a long and positive history with Trigusa dating back to their involvement with the construction and operations at the El Castillo mine (Castle Gold).” stated Darren Koningen, CEO.
“Our drilling at El Orito within Los Ricos North continues to yield exceptional results that we believe will strengthen the initial resource estimate to be released this year,” said Brad Langille, President and CEO. “We continue to invest our free cash flows from Parral into the Los Ricos projects which we believe will create exceptional value for our shareholders.”
“With the acquisition and financing behind us, we are eager to move forward with both the Rebeico and GyC projects” stated Jonathan George, Ridgestone’s CEO and Director.
Commander Resources Ltd. is pleased to report results from a soil sampling program completed at the Company’s Pedro Gold project in late 2020.
This new application brings the paper map online.
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