“We continue to intersect satellite zones that are open to expansion including 24 metres grading 5.10 g/t gold, over 150 metres below the base of the High Grade Panel and 3 metres grading 21.4 g/t gold in the Parallel Panel. These indicate that more infill drilling can add higher grade ounces to the Ana Paula resource model.”
Kingsmen reported new geochemical data from its Las Coloradas silver project in Chihuahua, showing elevated silver and pathfinder elements that validate and help refine priority drill targets across multiple zones. The results support the company’s upcoming drilling plans by highlighting key areas of mineralization for focused testing.
“These initial drill results confirm CRD-style mineralization and provide evidence that we may have a mineralized system similar to the historic Ojuela silver mine” said Peter Latta, President.
Roberto Resources signed a non-binding letter of intent to acquire 100 % of the Claudia Gold and Silver Project in Durango, Mexico, from Durango Gold. The project hosts high-grade gold and silver mineralization along multiple vein structures with previous drilling highlights. Consideration includes US$25,000 cash, 10 million shares, and up to US$500,000 in assumed payables, subject to conditions.
“These results, which underscore the significant potential of the Alamos project, highlight the consistent high-grade silver mineralization drilled over impressive widths along the 1 km strike length of the Promontorio vein zone,” stated Darrell Rader, President and CEO of Minaurum Gold.
The core program was designed and managed by Tocvan with the aim to infill and step out on known mineralization corridors.
“After returning from a successful site visit, we are looking forward to the results from the latest drilling.” commented, CEO Brodie Sutherland. “The drilling has been a technical success with pending results to verify the impact it will have on resource definition.”
Kootenay’s President & CEO, James McDonald states, “Recent holes on the F Vein to fill large drill gaps have intersected similar and slightly better grades than previous holes, a positive sign for future infill drilling. In the case of the I-Vein and Preciosa structure they both represent excellent targets for discovery of additional high grade mineralized shoots so keep an eye out for follow up drilling.”
“We are very pleased with the steady progress that KCA continues to make on the El Oro Tailings Project and their strong commitment to advancing the reprocessing project toward production,” states Joanne Freeze, President and CEO of Xali Gold.
President and CEO Fred Davidson commented, “We are pleased with these additional excellent drill results from the recently discovered Kena Vein South which has now been drilled over 150 metres length and remains open for further drilling. The close proximity of the new vein to current active mine workings has allowed for rapid and low cost mine development.”
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