Category: Exploration and Development

Octavio Alvídrez, Chief Executive Officer of Fresnillo plc, said: “Juanicipio is an outstanding project which will generate strong returns for our shareholders, and significant benefits to the region. We continue to de-risk and refine the best construction plan that will drive the most value and ensure we capitalise on the opportunity that Juanicipio presents. I am pleased to confirm we are accelerating development of the underground mine and as a result, I expect the mine will be producing silver and gold ahead of schedule in 2020.”

“We have a strategic plan for the Los Ricos district which includes consolidation of concessions and drilling for ounces. With the completion of the latest concession acquisitions and our financing, we will be adding drill rigs and accelerating our exploration to showcase the Los Ricos district to be one of the most prospective in Mexico” said Brad Langille, President and CEO.

Mexican Gold is preparing for an upcoming drill program to follow-up the discovery of a high-grade gold occurrence in a previously unexplored area near the Cinco Senores prospect where the Company intersected 21.37 g/t gold over 2m and 8.94 g/t gold within the entire 5.2m altered zone in hole LM-19-CS-13.

Colibri Resource Corporation is pleased to announce that it has received the required drilling permits from SEMERNAT (Mexico Secretariat of Environment and Natural Resources) for its maiden drilling program at its Evelyn Gold Project located 60 km NW of Caborca Mexico.

Kootenay Silver Inc. is pleased to announce the commencement of a 7,000-meter Phase II core drilling program following up on high grade results from the 2019 campaign at the Columba silver project in Chihuahua State, Mexico.

“Drilling at Evolución in 2019 continued to hit broad zones of mineralization on the Lechuzas target,” stated Ben Pullinger, Senior Vice President Geology.