Mr. Jonathan George, of partner YQ Gold de Mexico S.A de C.V., commented “These results, together with those of previous geochemical and geophysical programs undertaken by Ridgestone and YQ Gold, provide compelling evidence of the potential for a significant new discovery in a relatively unexplored region of the Sonoran Sierra Madre mineralized belt.”
Thomas Atkins, President and CEO of Mammoth commented on the report and the upcoming exploration program, stating: “Our optimistic outlook on the potential at Tenoriba are heightened following the recent drill program and the encouraging results obtained from that work. We see potential for both typical High Sulphidation gold-silver mineralization at Tenoriba, similar to what has been intersected in more than a dozen drill holes over a four kilometre strike length of ubiquitous surface gold and silver mineralization, plus there appears strong signs from drill intersections in the western end of the property, which lies as much as 600 metres topographically and stratigraphically deeper in the system, to host a Porphyry-style mineralized deposit. Porphyry- style mineralization is the root of High Sulphidation mineralizing systems and so these two styles at Tenoriba would not be unexpected.
Sonoros phase one drill program has successfully corroborated the sampling and drill results generated by the prior operators, thereby considerably enhancing our confidence in the significant potential of Cerro Caliche, said Kenneth MacLeod, President and CEO of Sonoro. We will continue to utilize the newly expanded database to increase the zones of gold mineralization within the current target area and to drill additional highly prospective mineralized zones identified through our ongoing exploration program.
“La alianza va a crear el número uno mundial del mercado del oro, con los mejores activos, las mejores perspectivas, las mejores oportunidades de creación de valor”, se congratul+o Gary Goldberg, presidente de Newmont.
This combination creates the worlds premier gold company, said Goldcorps President and Chief Executive Officer, David Garofalo. In addition to the depth and quality of Newmont Goldcorps operations, projects, exploration properties and Reserves, the combined companys assets will be centered in the worlds most favorable and prospective mining jurisdictions and gold districts. The strategic rationale for combining Goldcorp with Newmont is powerfully compelling on many levels, and both teams are fully committed to delivering on the transactions value proposition for all of our stakeholders. Newmont Goldcorp will be one of Canadas largest gold producers and will have its North America regional office in Vancouver, and expects to oversee more than three million ounces of the combined companys total annual gold production.
Silver Vipers President and CEO Stephen Cope states, We are happy to finally share with the market some of the historic assays that attracted our interest to this project. These results come from a small portion of the La Virginia land package. While these occurrences are very interesting by themselves, we look toward making new discoveries on the untested targets to unlock the true potential of this project.
Our underground drilling over the past two years has improved the definition and quality of tonnes within the resource, stated Ben Pullinger, Senior Vice President Geology. Todays results further that success and represent potential additions to Platosa resources.
Achieving a production record at the top end of production guidance is a credit to the quality of the asset and the quality of the corporate and site teams who managed through significant complexity in 2018. Safety and environmental protection performance were also excellent.In Q4/18 plant throughput averaged 13k/t so there is some work left to do to get to the design level of 14kt/d. Sub-Sill produced at above design rates of 850 t/d in December.2018 was also an excellent year on the growth front, with successful exploration/infill drill programs and with the introduction of the Muckahi technology. The first Muckahi machine was designed and built in 2018 and we plan to use it to start breaking rock in Q1/2019.
Riversides President and CEO, John-Mark Staude, stated: Riverside is in a good position heading into 2019, we are focused to leverage off of last years work to improve the Companys portfolio and are working up partnerships and catalysts for a positive year ahead. We have drill targets ready to go along with shares in other juniors and remain focused on delivering new accretive transactions for the Company. We are confident 2019 will be a strong rebound year for the Company with momentum building during the first quarter.
N. Eric Fier, CPG, P.Eng, and CEO, remarked, Drill Hole BA18-122 is for the record books with 9.3 metres (true width) grading 6,336 gpt AgEq (84.5 gpt AuEq). Further positive results from closely spaced in-fill drilling continue to confirm the continuity of high-grade mineralization in the Babicanora Vein, including Area 51 and Babicanora Central zones, as well as the Babicanora FW and HW veins. Additional drill holes in Area 51 are indicating wider mineralized thicknesses in several areas than previously modelled and are identifying discrete multi-kilogram per tonne silver equivalent mineralized shoots (Shoots 43 and 51). These additional core holes are critical to both in-fill confirmation and potential expansion of resources in the Babicanora veins. This is a great way to start the New Year as we continue to improve our confidence and add ounces in Area 51, hunt for new discoveries on the additional 22 known veins not in the September 2018 resource estimate, compile the new drill results for the next updated resource, and advance the Las Chispas Preliminary Economic Assessment.
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