“The Company has 17 contiguous claims, covering 3 km of strike length and the down dip projections of surface veins, and has now been able to confirm silver-gold mineralization along the extent of the Mineralized Corridor,” stated Chris Berlet, President & CEO.
“Our underground development program is confirming Lupita Extension as an important contributor to the future of Mercedes,” commented Stephen McGibbon, Executive Vice-President. “We are now working to determine how best to bring this newest discovery to production.”
“The Santa Elena vein offers an excellent exploration target and is close to our current milling infrastructure,” said Salvador Garcia, Chief Operating Officer of the Company.
Prime Mining’s COO Greg Liller notes, “The current sampling program continues to provide key information regarding the total Los Reyes gold and silver resource. The resource modelling work underway by Stantec will be updated with these new sampling results.”
Significant intersections of gold mineralisation over substantial widths commencing close to surface were returned.
Colibri Resource Corporation is pleased to announce that it has contracted Major Drilling for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca, Mexico.
“Vizsla continues to deliver new high-grade veins across the district. We are conducting first pass drilling on multiple veins at Panuco to establish priorities for possible resource definition drilling. While that program proceeds, we are mapping and sampling the many veins in the district. That mapping continues to reveal areas of high-grade mineralization previously not known to us. The Honduras vein is one such locality.” President and CEO, Michael Konnert commented.
Sonoro Metals Corp. announces that discussions regarding project debt finance and engineering, procurement and construction (“EPC”) contracts with China-based EPC companies continue to advance.
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “The third phase of geophysics has extended the length of the continuous chargeability anomaly and has given us better depth resolution. At the southern end of the survey area the chargeability anomaly appears to come much closer to surface and increases in magnitude. With this in mind, we will now be using the second rig on the property to drill this new southern target.”
CEO John Lawrence said “The beginning of gold and silver production for USAC is excellent at a time when most non-ferrous metal prices are challenged. The cash flow from the precious metals will supplement the BRZ zeolite and antimony production.”
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