Category: Exploration and Development

Chair and CEO Eric Zaunscherb commented, “One must not lose sight of the significant exploration potential of the expansive and wholly owned Plomosas Project beyond its recently updated Mineral Resource. An excellent drill intersection hit rate has demonstrated the efficacy of the Company’s geological exploratory model as the SE Area Discovery mineralization is being extended along the Target Contact.”

“Based on representative samples from Copala, the largest known structure in the Panuco district, we are pleased to report very high silver and gold recoveries,” commented Michael Konnert, President & CEO of Vizsla Silver. “This is a significant de-risking milestone for the Project and provides positive implications for the ongoing development of the Panuco district.”

Colibri Resource Corporation is pleased to report that it has received permission from the Mexican environmental authority (SEMARNAT) to drill up to 2,000 metres on the Evelyn Property at the EP Gold Project on targets in the Main Zone and West El Sahuaro areas.

Dr. Jamil Sader, CEO and Director comments: “Core samples at the Jemi REE project demonstrates that eudialyte minerals, which host most of the rare earths, extend into the subsurface peralkaline dyke and sills. It is encouraging to see that the intrusive bodies intersected during drilling are significantly larger than their surface expressions.”

Silver Tiger’s CEO, Glenn Jessome, stated, “With further targeted drilling, the team has extended the high-grade Ag-Au-Cu-Zn-Pb Sulphide Zone 125 meters to the North and 375 meters to the South. These new drilling results have successfully tripled the known strike length of the Sulphide Zone, bringing the originally indicated 250 meters of strike extent to more than 750 meters.”

Gregory K. Liller, Executive Chairman and Chief Operating Officer commented, “The drilling program at Tepic continues to deliver strong drill intercepts. The Veta Tomas vein continues to be extended and I am especially pleased with the Taunas holes. These are the first 2 holes on a previously unrecognized target and are located approximately 2km north east of the historic resource area.”

Coeur has invested over $60 million in exploration and infill drilling at Palmarejo since 2018, which has led to strong reserve and resource growth with multiple new discoveries and meaningful extensions to its mine life,” said Mitchell J. Krebs, President and Chief Executive Officer.

Heliostar CEO, Charles Funk, commented, “Drilling at Ana Paula continues to exceed our expectations and deliver impressive gold intercepts. The headline hole, AP-23-300, is a 480% increase to the current resource model prediction, at a >5 g/t gold cut-off grade.”

“We’ve drilled an additional 100 holes in the Main zone at Los Ricos South since our initial July 2020 Mineral Resource Estimate and we believe they are proving to be quite impactful on our upcoming updated Resource and Preliminary Economic Assessment,” said Brad Langille, President and CEO. “Our team is diligently working to complete the studies expected to release before end of summer.”

“With the surface rights agreements in place, we look forward to starting our inaugural exploration campaign on the Nora property once the drilling permit is received,” said Michael Romanik, president of Silver Dollar. “Multiple drilling contractors have visited the Property, and we are currently evaluating their bids.”