Category: Exploration and Development

“Our first two targets, Pillado and La Prieta, exhibit multiple vein, breccia, disseminated and manto-style mineralization, locally with fault controls parallel to and intersecting high grade polymetallic, silver-gold and base metal-bearing occurrences with historical artisanal mining. Importantly, despite the number and quality of known mineralization targets, there is no recorded historical drilling on Diamante to date,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

“This represents a significant achievement with construction of La Yaqui Grande having been completed ahead of schedule while navigating a challenging environment over the past few years with COVID-19. On behalf of Alamos, I would like to congratulate our entire team at Mulatos. La Yaqui Grande represents another in a long line of discoveries that have continued to extend the mine life of the overall Mulatos Complex since it began producing in 2005.”

Silver Tiger’s CEO, Glenn Jessome, stated, “Step out drill holes from surface along strike North and South on the Sooy Vein continue to deliver high grade silver intercepts.”

Aztec Minerals Corp. announces that it has received the final results of Au and multi-element analysis for its 2021-2022 RC drill program on the Cervantes property in Sonora, Mexico. The program comprised 5,249 meters in 26 RC drill holes, testing 4 targets (Purisima East, California, Jasper, California North).

Kenneth MacLeod, Sonoro’s President and CEO, added, “The completion of the drilling program is another important milestone in the development of Cerro Caliche. Last month we announced the positive results of an updated PEA and are currently assessing the potential economic impact of the new drilling data on the proposed heap leach mining operation. An updated resource estimation is expected to be filed this fall and we will continue to work on securing project financing and moving the project forward.”

“Phase II drilling continues to test the extensions of the wide intervals of mineralization intersected in Phase I, with hole NOR-22-013 returning the highest grades to date at the new Brazo Discovery,” said Mike Romanik, president of Silver Dollar. “Drilling is ongoing and additional results will be reported as received.”

“This ET area drilling below Level 17 is very encouraging and confirms our expectation that not only does the mineralization continue at depth, but it also contains significantly higher copper mineralization as is often the case with porphyry deposits”, said David Wolfin, President and CEO.

Allan Barry Laboucan, President and CEO of Advance Lithium Corp. commented: “We are excited to sell our royalty in Kenya and receive cash and the Sarape project in the transaction. Sarape sits in the prolific Rio Sonora Valley that also hosts the Mercedes, Santa Elena, and Ermitaño mines as well as the Las Chispas deposit.

“To conclude this stage of drill results with a discovery of a new trend parallel to our Main Zone, gives us confidence in the significance of the mineralized system at Pilar and provides us with more targets to follow-up on,” commented Brodie Sutherland, CEO.