Category: Exploration and Development

Discovery Drills 34.7 meters of 617 g/t Silver Equivalent, Including 3.7 meters of 2,524 g/t Silver Equivalent, at its Cordero Project

Taj Singh, President and CEO, states: “These first results from Cordero are very encouraging and support our thesis that within the very large resource area exists a shallow, higher-grade component. The presence of higher-grade gold in the most strongly mineralized areas is also positive. Cordero has many attractive features: open-pittable, good metallurgy and excellent surrounding infrastructure. We look forward to completing the exploration in 2020 required to re-scope and optimize this very exciting property.”

Gainey Capital Updates Las Margaritas Exploration Program

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.

Sable Resumes Drilling at Vinata, Acquires Drilling Permits for its Projects in Argentina and Two Key Permits for Scorpius Project in Peru

“The presence of this large halo of argillic alteration with anomalous gold values intercepted in several of our drillholes strongly suggests that Vinata is a robust epithermal system that deserves further drilling to understand it properly and to search for the possible occurrence of the actual feeder of the system.” commented Ruben Padilla, Sable’s VP of Exploration

Advance Gold Begins Second Drill Hole Into Large 1000 X 500 Metres Chargeability Anomaly

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “One of the great things about exploration in the state of Zacatecas, Mexico is that due to the established infrastructure and seasoned contractors we can get a lot of work done at a low cost. Now that we are confident that the large IP geophysical chargeability anomaly is caused by a sulphide system, we feel it is time to bring in a second rig to expedite our exploration of the system.”

Prime Mining Provides Update and Plans for New Year

COO Greg Liller states, “Unlike many junior exploration companies, Prime aims to be a gold producer. Key to the plan to advance Los Reyes to near-term production, the surface sampling is providing a better estimation of the grades and tonnes of the first benches that can potentially be mined in the open pits. This estimation will provide confidence in the economic projections during the critical planning and mine startup phase.”

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