“The drill holes completed demonstrate that the mineralized system at the Peñasco Pit target continues beyond the historic resource limits. The continuation of the mineralization offers potential to expand the historic resource.”
Sandeep Singh, President and CEO of Osisko commented: “Osisko had a very productive start to the year. We provided our inaugural 5-year growth outlook which highlights excellent organic growth, announced an agreement to acquire a metals stream on the high-grade Trixie Gold Mine in Utah, entered into a binding agreement with Metals Acquisition Corp. on a silver stream on the high-grade CSA mine in Australia, and closed a US$250 million equity financing.”
Aztec CEO, Simon Dyakowski commented, “These intersections continue to expand the oxide gold mineralized zone at California. This discovery further advances the California gold zone in demonstrating the open pit heap leach gold potential of the project.”
“This is a very large system with this initial drilling testing an initial 630 meters of a combined 11 kms of vein strike on the property with all veins open along strike.”
Peter Hawley, President, CEO reports; “As mentioned before, the past year of exploration diamond drilling, underground diamond drilling, definition diamond drilling, and finally surface mapping and sampling, has been not only aggressive, but has resulted in over 6,900 samples collected and analyzed. This massive input of data has led our stream lined analytical team to new important understandings of the structural and mineralization controls on the western sector of the property where approximately 80% of our efforts over the past year were focused.”
Dan Dickson, CEO, commented, “Guanacevi delivered exceptional exploration results in each of the past two years, and we expect this track record to continue. The drill results announced today are amongst some of the highest-grade intercepts we have seen at Guanacevi to date.”
“This work program was successful in gathering significant information pertaining to the historic resource, expanding the Footprint, and highlighting the potential for further growth. Our objective is to delineate an initial mineral resource estimate and, while work remains to achieve this objective, we are encouraged by the initial results at Picacho.”
“We are very pleased to get the trench results confirming the high-grade nature of mineralization at Las Trancas” stated Steve Robertson, President & CEO of Infinitum Copper. “I continue to be impressed by the indications of the size of the system at La Adelita.”
“It is encouraging to be getting high Gold grade samples in El Sombrero similar to the Main Zone. Additionally, it is very good news to be getting strong Copper, Silver, Lead and Zinc grades, which confirms what the geological team interpreted that the El Sombrero area includes at least 3 different stages of mineralization.”
Chris Wright, Chairman & CEO, commented, “The recent drill results from Lucita are the first known drill holes into the central Lucita project area and demonstrate the significant exploration potential in the Zacatecas mining district. For a first-pass exploration program, vein-hosted results grading over 3 kilograms per tonne silver highlight the need for continued exploration to define the true potential of the system.”
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