Category: Exploration and Development

Ridgestone Announces Results From Bulk Sampling At Its Rebeico Gold-Copper Project, Sonora, Mexico

Erwin Wong, CFO and Director of Ridgestone Mining, commented: ‘While these sampling results represent material that was uneconomic at the time, we are highly encouraged by the grades presented in the context of today’s metal price environment. The sampling results serve to reaffirm the historical mining records and moreover, the potential mineralization hosted by the Alaska and associated veins. Going forward, we are incorporating the bulk sample results in addition to the results from drilling, sampling, mapping and prospecting to refine our model for the high-grade mineralization hosted by the Alaska vein. Future planned exploration will include metallurgical testing and sampling of historical production adits and drifts.’

IMPACT Silver Samples 19.5 g/t Gold over 1.2 meters true width Announces the Results of Surface Exploration on the Manto America Gold Target

The Manto America area hosts the strongest gold soil geochemical anomaly on IMPACT’s claims and extends over an area 3.5 km east-west and 900m north-south. It is located 10km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant. The area is being mapped and sampled by IMPACT and to date 33 rock samples greater than 2.0 g/t Au have been collected from historic artisanal underground workings and surface with values up to 19.5 g/t Gold over a true width of 1.2m.

Kootenay Reports Columba Access Road and Surface Access Agreement Completed

Kootenay President and CEO, James McDonald stated: ‘It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17th. We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work.’

Sable Completes Stage II Drilling at Margarita Discovery

‘Drilling at Margarita was completed on time and under budget allowing us to drill an extra 4 holes.’ commented Tom Obradovich, Sable’s President & CEO. ‘We now have a clear picture of the potential at Margarita and will be advancing the project accordingly’.

Ethos commences drilling at its La Purisima gold project, Chihuahua, Mexico

Ethos Gold Corp. is pleased to announce the commencement of its maiden drill program at the La Purisima gold project in north-west Chihuahua State, Mexico. The initial program will comprise approximately 3,000 meters of reverse circulation drilling in a planned 15 RC holes. The drilling will target near surface, bulk tonnage, oxide gold mineralization.

Oroco Announces Receipt of a Draft Technical Report for the Santo Tomas Porphyry Project, Sinaloa, Mexico

Oroco Resource Corp. is pleased to announce the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa, Mexico. The Technical Report has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for use by the Company and by Altamura Copper Corp. for filing as a Technical Report with Canadian securities authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, per the NI 43-101F guidelines.

Kootenay Regains 100% of Promontorio and La Negra

Kootenay President and CEO, James McDonald stated: ‘We thank Pan American for the considerable work they have done on the Project, in particular the extensive drilling completed at the La Negra high-grade silver discovery. Combined with the existing large resource base of Promontorio and over US$3.6million in exploration expenditures funded by Pan American in advancing the Project, we are regaining control of 100% of what we consider to be very valuable assets.’

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