“La Adelita is clearly a very large system, and we are delighted to see such high grades across wide geographic areas. The more work we do, the more we like how our model for the overall mineralization model is developing”
Out of nearly 1500 samples, over 10% report between 1.1 and 32.6 g/t Gold and 6% report between 199 and 14,170 g/t Silver. “Our results from applying modern exploration techniques into the underexplored parts of the historic Batopilas district reinforce our belief that exploration has only scratched the surface in Mexico,” said Jorge Ramiro Monroy, Pres and CEO of Reyna Silver.
At the Cosalá Operations, as limited exploration drilling was conducted on the property the M&I mineral resources are almost unchanged year-over-year. The Company recently reinterpreted historic geophysical information and, after incorporating new data from an IP survey completed this summer, has identified seven major IP/Mag anomaly trends on property near San Rafael and EC120. A 17-hole drill program is planned to test this area.
“Having a safe and successful commissioning is crucial and we are respectful of the prudent approach being taken by the regulators in Mexico,” said George Paspalas, MAG’s President and CEO. “Whilst we await the final tie-in, we are pleased with Juanicipio’s continued strong operating performance and increased processing opportunities at Fresnillo’s Saucito and Fresnillo facilities.”
“We continue to make good progress to complete the tie-in of the new Juanicipio mine to the national grid and I am pleased that we are a step closer to achieve this important milestone. We have undertaken extensive testing work to ensure tie-in proceeds smoothly.”
“The Company is at an inflection point, where to continue growing we need to capitalize on opportunities that drive additional value. A spin-out of Silver City would fit that strategy and provide Excellon shareholders with direct exposure to district–scale exploration focused in a historically prolific mining region.”
“Now in production, we are pleased to have finally begun exploration across our large prospective portfolio covering three countries and 200,000 hectares. Since April, we have been making great strides in advancing our key exploration growth opportunities.”
Altaley Mining Corporation is pleased to announce that Mr. Mike Struthers has been appointed to the position of Chief Executive Officer and a Director of the Company.
Equinox Gold Corp. reports that, following an initial meeting with Mezcala community leaders, the blockade at the Company’s Los Filos Mine in Mexico was removed and the mine resumed operations on September 10th.
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented”Our targeted infill drill program at the Plomosas Mine Area is now over 50% complete with the remainder fully funded. We remain on-track to provide an updated mineral resource estimate in Q1|2023.”
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