In 2022, Pan American plans to drill 55,000 metres at La Colorada for a cost of $18 million to $20 million to further explore and infill drill the skarn and adjacent veins.
“The fourth quarter of 2021 was Agnico Eagle’s fifth consecutive quarter of over 500,000 ounces of gold production, which is particularly impressive given the impacts of COVID-19 during the latter part of the quarter. On a full year basis, in 2021 the Company achieved records in gold production, operating cashflow and mineral reserves, all while delivering the best safety performance in the Company’s 64-year history”, said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.
Rockland Resources Ltd. is pleased to announce that further to its press release dated November 16, 2021, the Company has closed the non-brokered private placement. The Company issued 6,530,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $1,306,000.
“Torex delivered another outstanding year of operational and financial performance in 2021, with the Company meeting full-year operational guidance for the third year running. We achieved record gold production of 468,203 ounces, driven by record milling rates as well as record underground mining rates.”
Two fences of drilling have now been completed on each side of the previously drilled fence of holes on the California shallow oxide gold target with the objective of expanding the size of the zone identified in 2017-2018 drilling.
Silver Dollar Resources Inc. is pleased to report that a total of 2,424 metres of core drilling has been completed through eleven holes at the La Joya Silver Project located in the state of Durango, Mexico.
Bryan Wilson, President and CEO of Huntington, states: “The pace of gold discoveries in western Mexico in recent years rivals virtually anywhere else in the world. Our acquisition of 550 square kilometres of strongly altered and mineralized ground at the southern end of the SMO gold-silver belt is remarkable and is even more so because this area has not seen a single drill hole in the modern era.”
“The 2022 RC drill program at the California zone, where we are targeting potential open pit heap leachable gold mineralization, continues to return strong gold grades over broad widths and has further expanded the gold mineralized zone to the west and south, still open in all directions including at depth.”
Bill Pincus, Chief Executive Officer of Ranchero stated: “We are extremely pleased with the results from our first ever drill program at Santa Daniela. We have demonstrated the presence of gold mineralization in all of the targets that were drill tested including intersecting 4.0 g/t gold over 31.5 meters in drill hole MA 21-10.”
“We had a very successful year on the exploration front, increasing Mineral Reserves at each of our operations and improving the quality of our global Mineral Reserve with higher grade additions.”
Mexico Mining Center © 2021 / All Rights Reserved
