Category: Exploration and Development

Regency Silver Corp. is pleased to announce that the drill has arrived on site and drilling will recommence this week at its flagship Dios Padre Property in Sonora, Mexico. The drill program is being supervised at site by Regency Silver Executive Chairman, Bruce Bragagnolo, and Director, Michael Tucker, P. Geo.

Shawn Howarth, President and CEO commented, “Excellon has a long history of operational excellence in Mexico. The acquisition of La Negra will be transformational for Excellon, with the goal of returning the Company to producer status on an accelerated timeline.”

The Company has been mining the Avino Vein by modern bulk mining methods to a depth of 483 metres. This drilling shows the Avino Vein to extend a further 315 metres downdip.

Bendito Resources Inc. is pleased to announce that drilling at the Alacrán project, located in Sonora, Mexico, is scheduled to commence on Monday, January 9th, 2023. The Company has selected Globexplore Drilling S.A. de C.V. (also located in Sonora, Mexico), to perform an approximate 2,000-meter reverse circulation drilling campaign over the next 6-8 weeks.

James Anderson, Chairman & CEO said, “These results demonstrate the continuity of mineralization along the lateral extent of the target horizon and outside the boundaries of our current mining areas. Mining has been ongoing at Topia for roughly 70 years and these high-grade intercepts strengthen our commitment to expand milling capacity from 7,500 tonnes per month to over 10,000 tonnes per month through 2023-24.”

“Southern Empire’s La Loma, Pedro and Centauro gold projects support our theory that a northwest trending metallogenic belt of “Carlin-style” and/or low sulphidation epithermal gold deposits extends through northern central México. Our projects all exhibit many of the geological and mineralogical features that define these important precious metal deposit types,” stated David Tupper, Southern Empire’s VP of Exploration.

Silver Dollar Resources Inc. is pleased to report the progress in its new target development work at the underexplored Noria portion of the La Joya Silver Project located in the state of Durango, Mexico.

“A bulk sample at Pilar is an important next step in showcasing the head-grade and recovery of gold,” stated Brodie Sutherland, CEO. “We are very fortunate to have access to a local facility with all the needed equipment and support staff to conduct the sample. Planning is now underway to begin the collection and processing of the sample in early 2023.”

“The Copala structure continues to impress with high precious metals grades over very broad widths,” commented Michael Konnert, President and CEO.

Dr. Jamil Sader, CEO and Director comments: “Our exploration at the Jemi Dykes area of the Jemi Project has defined where Monumental will drill to delineate the rare earth, tantalum, and niobium bearing pegmatites. This program has de-risked the geological complexity and provides us with the confidence needed before moving to the next stage, which is drilling.”