“Drilling at Evolución in 2019 continued to hit broad zones of mineralization on the Lechuzas target,” stated Ben Pullinger, Senior Vice President Geology.
1.4 metres est. true width at 16,189 gpt AgEq
2.4 metres est. true width at 9,006 gpt AgEq
1.6 metres est. true width at 13,345 gpt AgEq
“Further step-out exploration drill results demonstrate the potential to increase our initial 72.5 million tonne resource estimate announced on December 11, 2019,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
Silver Viper’s President and CEO Steve Cope states, “The ongoing results from La Virginia are exciting. We believe that adding a second drill to target the new anomalies is warranted at this time.”
Taj Singh, President and CEO, states: “We are pleased with this second set of drill results, as it further validates the near-surface high-grade potential at Cordero. Drilling completed to-date clearly shows that there is excellent continuity and higher grades within the breccia-hosted mineralization. With the addition of two new drill rigs in January, we are excited to now have four drill rigs turning at Cordero and we look forward to the results from this increase in drill activity over the next few quarters.”
“I am pleased to announce that we have commissioned TMC EXPLORACION, S. R.L. de C.V. of Mexico, who did the previous geophysical studies on Donovan 2 to carry out a ground based IP survey to aid in defining a coherent drill target or targets,” said Alien Metals’ Bill Brodie Good.
“Minaurum’s Phase I drilling demonstrated the district-scale potential for high-grade veins at Alamos. The acquisition of this data adds another dimension to the project by providing low-to-no-cost geologic answers for areas that Minaurum would otherwise have had to drill, while revealing high-potential targets for immediate drilling around the old mines,” stated Darrell Rader, President and CEO of Minaurum Gold.
“The Santana property mineralization is hosted within a series of well-defined breccia pipes, only two of which have been drill tested in any significant manner. In 2018, the Company drilled one of these previously untested targets near the currently planned starter operations resulting in a significant new discovery, called Divisadero. This new discovery provided Minera Alamos with increased confidence that the overall project area may contain multiple Nicho-style mineralization centres that are easily accessible from surface.” stated Darren Koningen, CEO of Minera Alamos.
“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.”
Mexico Mining Center © 2021 / All Rights Reserved
