Category: Exploration and Development

Canasil Prepares to Drill Silver-Gold Targets at the Nora Project in Durango State, Mexico

Canasil President and CEO, Bahman Yamini, commented: “We look forward to starting field operations in Mexico with the drill program at the Nora project. The project is exceptionally well located in a region hosting large silver-gold mines and deposits, and presents the opportunity for discovery of a high-grade silver-gold epithermal vein system. Our local operating team based in the city of Durango will be taking exceptional care to ensure the safe operation of the program under the current circumstances.”

Sonoro Drilling Targeting High-Grade Epithermal Gold Mineralization at Cerro Caliche

Phase One of the program will total 6,000 meters of core drilling to test 20 targets, of which the initial 11 holes have been identified in the Drilling Plan. Of the remaining nine holes, seven have been tentatively identified in the Drilling Plan and two are reserved depending on the results of prior holes. This initial core drilling program is the first segment of the proposed 50,000 meters of core and rotary drilling contemplated in the Company’s May 26, 2020 news release.

Tarachi Gold Corp Announces Start Of Field Program

Tarachi Gold Corp. is pleased to announce that field work has commenced on the Company’s group of mining concessions known as the Tarachi project located in the Sierra Madre Gold Belt of Eastern Sonora, Mexico. The Company’s projects all lie within an established gold producing region, bordering Alamos’ Mulatos mine and Agnico Eagle’s La India mine.

Aztec Minerals IP-Resistivity Geophysical Survey Identifies Multiple Anomalies Over a 5 Km Long Porphyry Corridor at Cervantes Project in Sonora, Mexico

Joey Wilkins, CEO and President commented “Our geological mapping and geochemical sampling delineated five mineralized porphyry targets southwest of the main California target. This new 3-D IP data gave us more than we had hoped for in defining several strong and large chargeability anomalies that coincide with our geological and geochemical targets. None of the Jacobo, Purisima West, Purisima East and Estrella targets have ever been drill-tested.”

Tocvan Announces Results from Property Scale Soil Survey, Includes Highest Soil Results to Date with 8 g/t Gold & 317 g/t Silver New East Zone Discovery, at the Pilar Gold-Silver Project in Sonora, Mexico

Moving forward, scheduled work to be done, and included with these and previous results, are structural analyses with associated survey tools by structural geologists, and XRF survey of samples across the property and of historic drill hole samples held in storage. XRF identifies elements and their amounts which in turn help to identify pathfinder elements. All these surveys and analyses will be taken collectively in order to locate the structures and hence mineralization to provide targets for the drill program; currently anticipated in late summer/early fall of this year.

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