Vizsla Silver Corp. is pleased to announce that, further to its news release dated March 1, 2022, it has filed on SEDAR an independent technical report containing a maiden mineral resource estimate on the Company’s Panuco silver-gold project.
“We are delighted to report a solid first quarter for 2022 and the achievement of a major milestone in the evolution of Minera Alamos as the ramp-up has advanced to the point where gold production for the quarter is sufficient for the Company to be cash-flow neutral at the corporate level.”
“With Hole 28, we were excited to discover strongly mineralized skarn and are delighted that our aggressive Phase 2 step-outs expanded the skarn footprint so dramatically.”
“The success of our first ever drill program at Maíz Azul has confirmed a significant gold discovery at the highly prospective Santa Daniela project. Our team is working tirelessly to prepare our Phase II drill program which will build upon the exploration success that we have had thus far.”
Fortuna believes that the mining sector has a key role to play in reducing global greenhouse gas (GHG) emissions, as well as in supporting the transition to a lower carbon economy by supplying critical minerals and metals to advance low emission technologies and solutions.
Azucar Minerals Ltd. is pleased to announce that it has commenced drilling the large lithocap target discussed in its press release of March 10, 2022.
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented “The combination of contemporary and extensive historical data has allowed GR Silver’s geologists to formulate a modern exploration model focused on high-grade silver and gold mineralization. These results continue to encourage us to explore San Marcial at depth and to the SE.”
“We are fully funded for Phase 2 drilling and excited to commence follow up on the new gold discovery,” said Mike Romanik, president of Silver Dollar. “We are expecting the balance of the Phase 1 drill results shortly and will tailor and expand the program as additional targets become more clearly defined.”
Greg McKenzie, President and CEO commented: “We are pleased to have expanded on our thesis that open pit style mineralization exists near surface, above the Fernandez Zone.”
“Parral continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration budget,” said Brad Langille, President and CEO. “Parral continues to be a steady source of cash flow while the Los Ricos project is the major driver of shareholder value for the Company.”
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