Category: Exploration and Development

The Company’s decision to terminate the mining contract with Ganti, was a result of an annual review of the contractor’s performance and productivity, and a review of their progress claims which identified significant overcharging and their underperformance at the Plomosas mine.

“Progressing to drilling is the next step of Vizsla’s rapid advancement of the Panuco district. The 2020 program builds on the early success in 2019, including sampling six prospects with multi-kilo silver intercepts in channel samples and raising over C$6,000,000 to fund the Company’s maiden drilling program.” President and CEO, Michael Konnert stated, “This program is intended to unlock the potential of the district that Vizsla has consolidated for the first time in its 450-year history.”

Azure Minerals Limited is pleased to advise that Reverse Circulation drilling has recommenced at its 100%-owned Alacrán Project following the scheduled Christmas-New Year break. In the few days of drilling undertaken prior to Christmas, the Company completed two holes for 236.5m.

Kootenay President and CEO James McDonald states, “We continue to be pleased with drill results from Columba that now indicate significant strike extensions to the F vein and a potential new zone in the B vein south of the old mine workings.”

Gainey Capital Corp. has had successful meetings and communication with the local communities at Las Margaritas to better understand and address their concerns… Gainey expects these discussions to conclude shortly and is looking forward to resuming the exploration/drilling plan soon thereafter.

“We’ve drilled over 17,000m to date on the project, and continue to see wide zones of high-grade silver and gold mineralization in the Los Ricos vein, such as those in hole 79 which has potential to be a bulk mining target,” said Brad Langille, President and CEO.