Richard Lock, Oroco’s CEO, commented: “We are very pleased with the results of the first 43 drill holes of our 2021-2022 North Zone drill program. They have confirmed and expanded the higher-grade, near-surface mineralization amenable to early-year open-pit mining.”
Chief Executive Officer, Daniel Kunz commented, “This drilling served two purposes – to continue to grow the Resource pits by discovering high-grade extensions along strike and down dip through step-out drilling and to confirm the confidence in our upcoming Resource report through infill drilling. These results support our view that the Z-T area current resource pits are merging into a more continuous single pit.”
Every 2022 drill hole, except one, of the 29 drill holes successfully completed out of 31 attempted in 2022 at the California and the adjoining California Norte targets has intersected near surface, oxidized gold mineralization with minor copper values.
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.
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