Silver Viper’s President and CEO Steve Cope states, “We are excited to begin the phase two drill program at La Virginia. The results from phase one were very encouraging and we look forward to continuing on that success by both expanding on the discovery at El Rubi and testing the numerous anomalies in the surrounding area.”
“These results are very encouraging,” states Curtis Turner, CEO of Candelaria. “Our exploration programs continue to find high gold grades throughout the district. This recent in-fill drilling program is part of our near-term plans to develop Pinos Gold Project which aims to process up to 400 tonnes per day.”
Ian McGavney, Colibri’s COO states: “The conclusion of this deal is significant for Colibri as the Company can now firmly focus on advancing its highly prospective Evelyn and El Mezquite gold projects to drilling phases. Colibri will continue to hold a significant interest in Pilar by way of owning a material amount of Tocvan shares and not need to dilute its own share structure to appreciate its upside.”
Mark Smethurst, a Director of Tocvan, commented: “This is one of the more exciting properties I’ve come across in my career. The Pilar property has the right features and system to allow for great potential in defining a multimillion-ounce property.”
“We have been working on acquiring this very strategic concession for over two years and exploration at Sara Alicia was suspended so as not to generate further interest in the area and to ensure the acquisition of Sara Alicia II was completed without interference or competition.”
Goldplay President and CEO Marcio Fonseca commented, “We are pleased to report the mineralized intercepts, including high grade silver, in the maiden drill program at San Marcial’s Nava Target. Goldplay’s 2019 field studies mark the first time in approximately ten years that any type of exploration has been carried out at the project. The encouraging results warrant further exploration, advancing the Company’s objective of resource expansion of San Marcial.”
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “After prioritizing in-fill drilling for the better part of 2019, our team is excited to resume focusing on resource expansion with the announcement of drill hole LC19-118. We are particularly excited that this record hole was drilled in the Las Chispas Area which until now has been a secondary priority relative to the high-grade mineralization delineated in the Babicanora Area.”
“Holes 56 and 61 are the deepest holes drilled to date at Los Ricos, and shows the project continues to be open at depth with strong mineralization. We still see a broader mineralized zone of over 20 metres at these depths which may be amenable to deeper bulk mining and also shows a high-grade core within these broader zones which may represent underground mining targets,” said Brad Langille, President and CEO.
Kootenay President and CEO James McDonald states, “These results continue to show excellent resource potential at Columba with all holes reporting good silver mineralization. We are now seeing silver in widespread stockwork/breccia zones which we believe may coalesce into high grade ‘feeder’ veins a little deeper than tested.”
Numerous exceptional native silver specimens have recently been recovered by miners in the Guadalupe Mine between levels 15 and 30 in an area on the main Lipton vein named the Jewelry Shop.
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