Category: Exploration and Development

Greg McKenzie, President and CEO, commented: “We are pleased with the strong drill results from the San Marcos Mine, where we have intersected high-grade mineralization in both the South & North Zones approximately 100 m below the last mined stopes.”

Silver Tiger’s CEO, Glenn Jessome, stated, “In line with previous assay results, the Footwall and Keel Zone are showing significant potential for expansion over the 2023 MRE” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”

“At La Colorada, we discovered an entirely new set of vein structures with high silver grades to the east and southeast of the main NC2 vein. At El Peñon, drill results from the Pampa Sur zone bode well for potential mineral resource additions close to the existing mine infrastructure, with additional potential in the largely unexplored southern area of the mine,” said Christopher Emerson, Pan American’s Vice President of Exploration and Geology.

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to consolidate Maria Luisa into the larger Ariel project as this has been a goal for several years and was able to be completed on highly favorable terms for Riverside. This now provides the opportunity to move forward with drilling at both Ariel and Maria Luisa.”

“We are very pleased that significant work has commenced so quickly on the El Oro Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “The fact that KCA is using Starcore’s already permitted mine plant site nearby for the reprocessing, has potential to allow us to get the El Oro Tailings Project running sooner than expected.”

“We are very pleased with the positive exploration results that we continue to achieve at San Dimas in 2024,” stated Keith Neumeyer, President & CEO of First Majestic. “The recent drilling has continued to highlight San Dimas’ 71,867 hectare prospectivity through the intersection of significant gold and silver mineralization.”

Regarding the Palos Verdes silver project in Mexico, Craig Gibson, Co-Founder and Chief Exploration Officer said: “Immediately following closing of the Private Placement, we will mobilize our drilling crew at our Palos Verdes for our next phase of drilling. We are planning to drill approximately 3,600 meters in ten holes to be completed in two phases.”

“New drill results from our ongoing Copala infill program continue to demonstrate excellent continuity of high-grade silver and gold mineralization,” commented Michael Konnert, President & CEO. “As we reduce the drill spacing at Copala, focused on converting mineralization to higher confidence resource categories, we continue to expand the high-grade precious metals core of the main structure, and in-turn the overall potential minable inventory.”

“The results today give us numerous reasons to be excited about the potential of Pilar,” commented Brodie Sutherland, CEO. “Not only are we continuing to increase the resource potential on the outer edges of the Main Zone but have successfully hit significant mineralization in two exploration holes 700 meters away.”

Angel Wing Metals Inc. is pleased to report the results for two recently completed geophysical surveys over a 1.5 by 3.0 kilometre portion of the Polo-Dolorosa drill target area (see January 23, 2024 press release) at the Company’s La Reyna Gold Project in Nayarit State, Mexico.