Category: Exploration and Development

Gold Resource Corporation Significantly Expands Arista Mine Intercepting 11.95 Meters of 1.04 G/T Gold and 494 G/T Silver

‘This year’s exploration efforts at Switchback continue to impress with significant vein expansions along both strike and up-dip,’ stated Mr. Barry Devlin, Vice President of Exploration for Gold Resource Corporation. ‘Our recent focus has been on the northern extension of the Switchback veins system where the main Soledad vein appears to be splitting into two distinct mineralized structures. Exploration goals for the remainder of the year are to continue to test these northern extensions of this growing system, both along strike and up-dip at higher elevations, as well as infill drilling to upgrade mineralized material to proven and probable reserves.’

Radius Gold intersects 5m at 657 g/t Ag at Amalia Project, Mexico

Radius Gold Inc. is pleased to report on progress of its diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius has now completed drilling of 6 diamond holes AMDD19-010 to AMDD19-015 totalling 1743m with assays returned for 3 holes (010, 011, 012). New results include Hole 012 which assayed 5m at 647 g/t Ag, intersected 50m below the phase one Hole 008 (5m at 0.59 g/t Au and 571 g/t Ag).

Galore Mobilizes Drill to Dos Santos Project

Galore Resources Inc. is pleased to announce that Minerales Galore S.A, De CV., Galore’s wholly owned Mexican subsidiary, signed an agreement with COMEFIN S DE RL DE CV of Mexico to immediately mobilize a drill core rig to complete a 2,500-meter diamond core drilling program at Galore’s 100% owned El Alamo project. The agreement also allows for an additional 1,500 meters of drilling at Galore’s 100% owned Los Gemelos project, where previous work has exposed narrow quartz and calcite veins containing visible gold.

Ethos Trenches 0.47g/t Au Over 127m Including 1.11g/t Au Over 40m at its La Purisima Gold Project, Chihuahua, Mexico

Commented Craig Roberts, P.Eng., President and CEO of Ethos: ‘We are very encouraged by the trench results that show dissemination of gold mineralization over significant intervals outside of the primary veins in the Purisima Vein Zone, and also by the new high-grade intervals identified in the Stockwork Zone. We will use these results to plan our fully permitted maiden drill program of approximately 15 RC holes which we intend to commence shortly.’

High Grade Silver and Additional Gold Results in Surface Channel Sampling Suggests Potential for SE Extension to the San Marcial Resource

Goldplay President and CEO Marcio Fonseca commented, ‘We are extremely pleased by the channel sample results from trench SMtr-022 as they indicate the potential for expanding the resource into the Guacamayo target to the SE of the San Marcial NI 43-101 silver resource area. Wide mineralization on surface, including high grade silver up to 1m at 974 g/t Ag, provides further encouragement for potentially expand the resource. ‘

Impact Silver Commences Dense Media Separation Engineering Study at Capire

IMPACT Silver Corp. is pleased to announce commissioning of an engineering study to test the viability of Dense Media Separation (DMS) processing at its 100% owned Capire Production Centre located in the Mamatla district, Mexico. The Capire Production Centre is currently on standby and positive results from these DMS tests and other optimization studies may lead to a new operating plan toward placing Capire into production.

Silver One Provides Update on Metallurgical Testing at Its Candelaria Mine Project, Nevada and Completion of Drilling Program at Peñasco Quemado, Sonora, Mexico

Greg Crowe President and CEO further commented; “The drilling at Peñasco Quemado illustrates that the mineralized silver-manganese system extends beyond the area of the historic resource. Also, low to moderate zinc and lead values were encountered in drill holes to the southeast of the historic drill area. However, the limited drill program was not sufficient to fully test all anomalous areas.”

Mexus hires experienced chemical engineer for its Santa Elena mine

Mexus Gold US is pleased to announce that the company has hired a highly recommended and qualified chemical engineer for its Santa Elena mine. Mr. Roberto Baltierrez Hernandez, who specializes in metallurgical processes and gold extraction methods, will oversee all aspects of the gold recovery systems at the mine.

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