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.”
“The first 26 drill holes in the newly discovered Sulphide Zone indicate wide zones of high-grade mineralization varying from 10 meters up to 50 meters with grades from 300 grams per ton to over 1 kilogram per ton silver equivalent. This adds the potential for underground bulk tonnage at exceptional grades.”
Warren M. Rehn, Golden’s President and Chief Executive Officer, commented, “Recently improved and updated terms for the purchase of our gold-rich pyrite concentrates allow us to consider moving forward with the re-opening of the Velardeña Properties’ mines without the need to build the BIOX plant, as we had previously planned.”
“We are thrilled to have completed this transformative acquisition that provides IMPACT with production in a second mining district, bringing with it both production growth and exploration upside to the Company going forward. Plomosas is a unique and fully permitted operation built on a large mineral system with global tier one historic grades at 13%+ zinc providing exceptional potential to both upgrade and expand its current level of operations.”
Aloro Mining Corp. is pleased to announce that it has contracted Francisco A. Lopez as Project Geologist for the Quitovac Gold Mine Project (Quitovac) in Sonora, Mexico. Quitovac is located in the prolific Mojave-Sonora Megashear.
“We are very pleased to see such consistent and high-grade gold results emerge from our first detailed sampling program at Pavitos,” said Dr. Craig Gibson, President and CEO of the Company.
“The announcement today effectively removes a US$22 million overhang that has been with the Company since 2019,” stated Shawn Howarth, President and CEO.
Excellon Resources Inc. is pleased to report financial results for the three- and twelve-month periods ended December 31, 2022.
Heliostar CEO, Charles Funk, commented, “Our vision for Ana Paula in 2023 is to unlock significant value that will underpin an even stronger financial outcome from a mine than envisaged in the 2017 PFS. The re-scoping program will be catalyst rich for shareholders starting with first drill results from the High-Grade Panel by the end of May.”
GR Silver Mining Ltd. announces today the departure of Brenda Dayton, the Company’s VP Corporate Communications, effective immediately.
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