Category: Exploration and Development

“Phase I drilling allowed us to outline the footprint of the Alamos District and generate an inventory of silver-rich veins for systematic follow-up drilling,” stated Darrell Rader, President and CEO of Minaurum Gold. “Also, we are pleased to have acquired a significant quantity of historical data and expect that, once reviewed and verified, it will significantly enhance Phase II drill targeting.”

Riverside’s President and CEO, John-Mark Staude, stated: “The latest work by our technical team and corresponding results are very encouraging and we intend to accelerate exploration efforts at Los Cuarentas given the potential for new high-grade gold discoveries across the property.”

GR Silver Mining President and CEO, Marcio Fonseca, commented, “After receiving the wide silver results at the Faisanes target from our 2019 drill program, we are pleased to announce that work has begun on our 2020 program. The first phase will involve underground drilling from the existing San Marcial tunnel, where work is already underway to provide drill access.”

“We would like to recognize the collaboration of the local community and the Mexican authorities with our team which has allowed us to reach this significant milestone in a timely fashion. This year will be an exciting one as we build and commission our first gold mine and complete the transformation of the Minera Alamos into a new gold producer. “ Stated Darren Koningen, CEO of Minera Alamos.

Darren Pylot, Capstone’s President and CEO said, “Our exploration team continues to push the boundaries at Cozamin. After 13 years since we started mining, we continue to surface incredible value for all stakeholders with the drill bit. These results will ensure that this mine will remain a first quartile cost, cornerstone asset well into the future.”