Category: Exploration and Development

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.

“New drill results at Camino Rojo are revealing more about controls on mineralization and hinting at potential for significant expansion below the current Mineral Resource in the Camino Rojo Extension. This data is crucial for our upcoming underground resource estimation, enhancing our understanding of this important part of our growth pipeline.”

Scott Hicks, Executive Vice President commented, “We begin the new year with approximately CAD$32.8 million in cash. In 2024, our aim is to further illustrate the immense potential of the Los Reyes property through an initial, fully funded 40,000 metres drilling campaign targeting resource expansion and proving up several key generative targets.”

President & CEO of Angel Wing Metals, Marc Prefontaine stated: “La Reyna hosts a very large alteration zone with a large number of precious metal – bearing veins. One consistently observes small scale historical workings when travelling around the Project.”

“Picacho continues to provide excellent targets and validation for drill testing across the extensive property.” commented Brodie Sutherland, CEO. “We now have defined over seven kilometers of prospective trend that has seen little to no drilling, leaving the area as one of the most prospective and untested exploration properties in the Caborca Gold Belt.

“We are delighted with the strength and coherence of the anomaly ExploreTech has modeled in the part of Guigui where we’ve been homing in on the source intrusion for the Santa Eulalia District, and we really look forward to drilling their optimized hole,” said Jorge Ramiro Monroy CEO of Reyna Silver.