Heliostar CEO, Charles Funk, commented, “At La Colorada, we are seeing the combined benefit of gold production at record prices and growth from the first significant investment into the project in many years. Our aggressive five-rig drill program is designed to increase the reserves of the Creston pit.”
“Mulatos is our founding operation and a steady producer since 2005. Through a long-track record of exploration success, we have discovered and developed a number of high-return projects that have continued to extend the mine life of the Mulatos District. Having achieved this key permitting milestone through long-standing community, state, and federal government support, PDA is expected to significantly extend the mine life of the District, as our next high-return project with significant exploration upside.”
“The latest surface exploration results are adding to our list of targets across the Southern Block.” commented, CEO Brodie Sutherland. “Given how early we are in development of this area, it has yielded encouraging results across a large footprint that extends two kilometers east and 900-meters north of our Main Zone. What excites us about these targets is the fact that back at our Main Zone historic sampling yielded similar results where there is significant exposure across roadcuts and trenches.”
“At the beginning of the year we planned a robust exploration program at our San Dimas mine which has returned impressive results,” stated Keith Neumeyer, President & CEO of First Majestic. “Our exploration teams have completed approximately 113,000 metres of drilling within the district and have intersected significant silver and gold mineralization in multiple veins.”
“Drilling on the eastern side of the resource update area at El Cometa has returned excellent near surface intercepts testing various structural orientations in this complex and highly prospective part of the Target 1 area.”
VANCOUVER, BC, Jan. 22, 2025 /CNW/ – Angel Wing Metals Inc. (TSXV: AWM) (“Angel Wing Metals” or the “Company“) is pleased to report the commencement of a phase 1 –
Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”
President and CEO Frederick Davidson commented, “We are encouraged with the great results from the Juarez Mine area which represents a second mineralized horizon open in all directions for mining and exploration. This is located close to the Tres Amigos Zone where we are currently mining and our mining team has already begun underground development work from the historic Juarez Mine adit at surface to begin mining there. On the production side, we continue to ramp up operations with the aim to reach mill design capacity in H1/2025.”
Kootenay’s President & CEO, James McDonald states, “These holes tested 3 areas; an undrilled area in the historically worked F vein, the B vein and D vein. The project continues to deliver excellent results.”
“This FS has a very high level of detail, exceeding the normal feasibility study level of detail in the process plant design. Our expectation is that we will receive a positive outcome on our permit application for our underground mine by the end of March 2025. The Company has a strong balance sheet and we are in advanced discussions with prospective lenders for the remaining financing required for construction.”
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