Category: Exploration and Development

Silver Viper Drills 1 metre Grading 77.9 g/t gold and 133 g/t silver, Reports Favourable Initial Metallurgical Test Results

Silver Viper’s President and CEO Steve Cope states, “Exploration continues at the project and we are happy to report that the drilling continues to advance at a steady pace. The reconnaissance drill testing in the outlying areas of the Rubi plateau is now complete and we have returned our attention to the main El Rubi area in order to extend known mineralization and to firm up our understanding of the structural controls within discovery area.”

Fabled Commences Drilling at Santa Maria Property Following Successful IP Survey Identifying 11 New Anomalies

The first phase of drilling will consist of a minimum of 8,000 meters of HQ size core with a Versadrill 1.4 mount track. Drilling is expected to define the Santa Maria veining at depth and to the east and west using the IP anomalies as a target. This will be followed by pure exploration to test virgin IP targets to the north of the property, as identified by the recent survey. Fabled has awarded the surface diamond drill contract to Maza Diamond Drilling SA DE CV.

Southern Silver Continues to Identify High-grade Mineralization in the South Skarn Target at Cerro Las Minitas with a 10.4 metre intercept averaging 172g/t Ag, 3.8% Pb and 3.7% Zn (520g/t AgEq; 10.7% ZnEq)

Rob Macdonald, Vice President Exploration stated: “We began this drill campaign targeting an approximate 30% increase in the Mineral Resources for the Cerro las Minitas project which currently totals 134 million Silver Equivalent ounces in the Indicated category and 138 million Silver Equivalent ounces in the Inferred category through the addition of new mineralization in the South Skarn and Mina La Bocona areas which are not included in the current Mineral Resource Estimate of the property.

Almaden Reports Successful Advance of Community Water Project

Almaden has been supporting local initiatives for many years and is pleased to do so particularly when it can be as impactful as enhancing access to fresh water and expanding local irrigation capacity. As the Ixtaca project advances we look forward to additional projects we can support in partnership with local communities and authorities which enhance and diversify economic development opportunities in the region of the Ixtaca project.

Brigadier Provides Update on Exploration at Picachos

“Since commencing exploration and diamond drilling activities at Picachos in August, we’ve identified several high priority targets for follow up work and have gained a significant understanding of the mineralized gold – silver vein, and copper – molybdenum porphyry systems traversing the property.

Canasil Reports Multiple Drill Intercepts Up To 3,671 g/t Ag Eq* (36.7 g/t Au and 1,010 g/t Ag) From the Candy Vein at the Nora Silver-Gold Project in Durango State, Mexico

Canasil President and CEO, Bahman Yamini, commented: “The very high-grade gold and silver values returned from NRC-20-06 are extremely encouraging and exceed expectations from a first drill program at the Nora project. The results from the six drill holes completed on the Candy vein represent a significant discovery and warrant a larger Phase 2 follow up drill program. We will be analyzing these results in detail and preparing plans for further follow up drilling at the Nora project.”

Defiance Commences Drilling At The San Acacio Silver Project

Chris Wright, Executive Chairman & CEO, commented: “We are excited to ramp up our extensive field exploration campaigns on our Zacatecas projects. Drilling will help guide our geologic modelling and structural interpretation of the highly prospective Veta Grande Vein System while we continue to explore and generate new targets.”

Reyna Silver Begins Drilling at Guigui Property in Mexico

“We are very excited to begin Reyna Silver’s first ever drill campaign!” stated Jorge Ramiro Monroy, CEO of Reyna. “Our target is the source of Mexico’s largest CRD system and we are pleased to be building on decades of groundwork done in the district.”

Plomosas Plant Refurbishment Progress On Time On Budget

Consolidated Zinc Limited is pleased to advise that refurbishment of the wholly owned on-site plant which commenced in October, following receipt of the permit for a tailings storage facility, has progressed well and is on track to be completed in early 2021.

Riverside Resources and Hochschild Mining Progress with Exploration Work at the Cuarentas Project, Sonora, Mexico

“Exploration is progressing well with the trenching and sampling on the additional targets along the primary Testerazo structural trend. Our team is building confidence in Centro and Santa Rosalia Sur targets and will continue progressing the exploration of this well-endowed district. After years of work on various parts of the district it is exciting to see the drilling going well and defining at least 4 separate shear zones, vein zones with gold mineralization present at the surface. We see interesting potential here for upside expansion from past mining operations.”

VanGold Has Successfully Cleared the Pinguico Shaft to Adit Level 7

VanGold Director Hernan Dorado Smith said, “The importance of having access to Level 7 from the Pinguico shaft cannot be overstated. This is the first time in decades that this area of the mine – the highest grade mine in the Guanajuato region when it was in production – has been accessible for exploration and development.”

Tocvan Provides Update on Maiden Drill Program.

“The ability to quickly mobilize equipment and field crews to Pilar is a testament to the strong team we have here in Mexico,” commented President and CEO Derek Wood. “After visiting the site this past week, I am very happy with the progress to date and look forward to continued exploration at Pilar. Tocvan is excited to lead the advancement of Pilar and would like to thank all of the field crews for their efforts.”

GR Silver Mining Reports 15,147 g/t Silver Concentrate Grade After Processing Underground Bulk Sample from the San Juan Area

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very encouraged with the results of the initial bulk sampling of the San Juan Breccia, which has indicated that a high- grade silver-gold concentrate can be produced using standard grind and flotation processing technology. Our current focus continues to advance surface and underground drilling with five diamond core rigs at the Plomosas Silver Project. We are also carrying out preliminary metallurgical studies to investigate potential metallurgical flow sheets, aiming to achieve high-value final concentrate products from the areas being drilled.”

MTH Expands Large Epithermal Gold-Silver System at Copalquin District, Mexico

“The awaited assays for hole CDH-033 at the El Refugio target have further supported the geologic model and have returned an excellent intercept. All indications from the mineralogy of the drill core support deeper drilling to intercept further high-grade vein. There is also support for the existence of stacked boiling zones. El Refugio is shaping up as a very strong and important target in the Copalquin district.”

Fabled Closes Acquisition of Santa Maria Mine

Fabled Silver Gold Corp. is pleased to announce that further to its news releases on July 15, 2020 and August 14, 2020, it has closed its previously announced acquisition of the Santa Maria Mine in the State of Chihuahua, Mexico and received the approval of the TSX Venture Exchange to the same.

Defiance Acquires Option on Pan American Silver’s Lucita Property; Significantly Expands Zacatecas Projects

Chris Wright, Executive Chairman & CEO, commented: “Our exploration team has continued to advance our district exploration model, as it has yielded favorable targets throughout the Zacatecas Camp. The Lucita option represents a key milestone for Defiance Silver in establishing a district-scale land package at our Zacatecas projects and furthering our exploration thesis and strategy in the district. Not only does this project contain historical high-grade drill results with demonstrable exploration targets at depth and on-strike, it also has discovery potential at the multi-kilometre long Palenque structure.”

Tocvan Commences Drill Program at the Pilar Project in Sonora, Mexico. Brodie Sutherland Appointed V.P. Exploration.

“Tocvan’s work over the past year has generated new target areas and shown great potential for deeper mineralization. Phase I drilling will focus on expanding known mineralization within the Main Zone whilst acquiring important data to continue advancing the new target areas for later drilling. Field crews are on-site with COVID-19 mitigation plans in place and are ready to commence drilling.”

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