“We’re excited by the outcomes of Orla’s Camino Rojo Sulphide infill drill program. The results contribute to refining our understanding of the deposit’s higher-grade zones to inform future development planning. The discovery of a new mineralization style beneath the Caracol formation adds a compelling new dimension to our exploration efforts in 2024.”
Dr. Craig Gibson, President and CEO of the Company, stated, “The alteration study provides further evidence that our hypothesis for a downward offset of the northeastern portion of the Palos Verdes vein is correct. Our drilling has shown that the large high-grade mineralized shoot identified on the vein terminates abruptly against this northeast structure, indicating that mineralization was cut by it and offset to deeper levels. The deep drilling to be conducted from our Strategic Partner Vizsla Silver’s ground is designed in part to explore this concept and will target the Palos Verdes vein at depth.”
Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Drilling at the Z-T Area has discovered a new high-grade mineralized zone of over 350m, along strike to the southeast of the Tahonitas resource pit and has also extended two separate high-grade plunges in this area by an additional 70 to 80m down-dip. Mineralization here now continues 300m down-dip from the May 2023 resource pits. We are excited to see the potential of this expansion target evolve.”
“The completion of the PFS is a key milestone in Avino’s path to transformational growth, said David Wolfin, President & CEO of Avino. “The economics of our oxide tailings project combined with the relatively low capital requirements has the potential to significantly enhance the current Avino operation and grow cashflow.”
Xali Gold Corp. is pleased to advise that Mexican company, Grupo Minero WIYA has made the required repairs to get the San Dieguito de Arriba Plant in Nayarit, Western Mexico operational and are conducting bulk sample testing at the SDA Plant.
Mr. John Antwi, President and CEO of Bendito, commented “Bendito is very excited to secure this arrangement with Ocean Partners to develop the Oposura project. Phase 1 production activities could be considered as bulk sampling as it provides additional metallurgical data for the feasibility studies of the larger Oposura project. Besides the compelling economics of direct shipping some of the high-grade ore for smelting, we also have an opportunity to process the medium to low-grade ores, that come along from mining, as concentrates for further smelting.”
“Every January, AME’s Roundup plays an important role in facilitating conversations about the future of our industry, and this year was no different. The passion, expertise and perseverance of our members and attendees was clearly on display over the last four days, as we gained inspiration for exploration projects that will ultimately supply the minerals and metals required for our high-tech, low-carbon future,” stated Keerit Jutla, President & CEO of the Association for Mineral Exploration.
Surface reconnaissance confirmed that the mineralized and altered quartz feldspar porphyry and hydrothermal breccias continue to the east for at least another 400 meters. To-date, every hole except one drilled at the California Zone has intersected near surface, oxidized gold mineralization with minor copper values.
Greg McKenzie, President and CEO, commented: “We are very pleased with the drilling and geologic mapping results at San Nicolas. Prior to placing La Parrilla on care and maintenance First Majestic had commenced mining over 5 established levels and 80 vertical metres at San Nicolas. We have now been able to expand and trace the high-grade mineralization 370 metres down from surface, with continuity. It is a tremendous benefit to have all the infrastructure available to support the potential mining and processing of these expanding zones.”
“These latest results from the SE Deeps resource conversion drilling program continue to highlight the opportunity to extend the CLG mine life,” said Dale Andres, CEO of Gatos Silver.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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