Category: Exploration and Development

“The program at Dios Padre is shaping up in line with our elevated expectations. Intersecting extensions of the same zone in six of seven holes so far is allowing us to refine our model. The system is clearly multi-stage with localized zones of high-grade Au-Cu mineralization. With more data and the integration of the geophysics we will be able to refine our targeting and vector in on the highest-grade portions of what is shaping up to be an extensive breccia system.” – Michael Tucker – Director and Lead Geologist.

“We are very pleased to see high-grade gold results emerge from our detailed sampling program at Las Auras along with continued high gold and local silver from Santa Cruz”, said Dr. Craig Gibson, President and CEO of the Company.

Richard Lock, Oroco’s CEO, commented emphatically: “Today’s drill results have hyper-charged the enthusiasm levels within the project team at Santo Tomas. While Hole N044 is the last hole to be included in our upcoming resource calculations, it is also the best hole drilled on the project to date and augers very well for future development at Santo Tomas.”

“Having secured a project financing commitment from Societe Generale and ING Bank N.V, we are rapidly advancing detailed engineering, procurement and construction of the project with initial production scheduled for Q4, 2024”, commented Dan Dickson, CEO.

“These drill results demonstrate excellent potential for a multi-year mine life extension at CLG,” said Dale Andres, CEO of Gatos Silver. “We are continuing to intercept strong widths and grades of silver, zinc, lead, gold and, in the case of the South-East and South-East Deeps zones, copper.”

Heliostar CEO, Charles Funk, commented “Heliostar continues to move rapidly with our re-scope of the Ana Paula deposit. By focussing on the High Grade Panel at the core of Ana Paula, we believe we can considerably improve the project economics by changing from an open pit mine plan to an underground gold mine plan.”

“We continue to intersect exceptional metal values with the drill bit at the Eagle deposit within Los Ricos South. These holes, combined with additional drilling in the Los Ricos South Main area, should add value to the upcoming updated Los Ricos South Mineral Resource and Preliminary Economic Assessment,” said Brad Langille, President and CEO.

“The Napoleon Vein was the first major discovery made by Vizsla at Panuco in 2020,” commented Michael Konnert, President and CEO. “We have now expanded the mineralized footprint of Napoleon area to over two and a half kilometres along strike and outlined a resource of 41.3 million ounces AgEq Indicated and 28.7 million ounces AgEq Inferred.”

“These results far surpass our expectations and provide us with new insight on the optimization of gold and silver recovery at Pilar” stated Brodie Sutherland, CEO. “To have such a large percentage of the gold and silver free and accessible for multiple recovery methods allows us to evaluate the most efficient ways to develop the project.”

Ian McGavney, COO of Colibri commented,“We continue to be enthusiastic about the Plomo acquisition and the potential for discovery on the combined Evelyn-Plomo (“EP”) property holdings. By combining and interpreting the respective data sets we have significantly advanced our geological understanding and our exploration model.”