Taj Singh, President and CEO, states: “Highlight intercepts from this release are from both the North and South Corridors and demonstrate the potential to expand the higher-grade resource as we tighten up the drill spacing across the deposit through our Phase 2 drill program.”
It now is the belief, that the mineralized diorite dike being encountered in present drilling or re-logged in past historical drilling is the direct cause of the hydrothermal gold domain system and increases with mineralization at depth. The emplacement of the dike caused breccias and sheeted veins to the sides of the walls over considerable widths.
Sr. Sergio A. Trelles, Special Advisor, states: “We see strong economic potential in the Sonora Copper area, based on the observed precious and base metal enrichment seen along the outcropping mineralized structures. The positive results are encouraging us to go on with exploration and evaluation activities”.
Sierra Metals Inc. has filed an updated independent technical report prepared in accordance with National Instrument 43-101 on the Bolivar Mine in Mexico.
Canasil Resources Inc. announces the voting results from its Annual General Meeting of Shareholders held on September 28, 2021, in Vancouver, British Columbia.
Lawrence Page, Q.C., Southern Silver’s President, stated: “We welcome the return of incumbent directors who have ably assisted the Company in the development of its principal property, Cerro Las Minitas. Donald Head did not stand for re-election and remains as a valued consultant to the Company. We are fortunate that Russell Ball and Paul Harbidge have agreed to assist the Company, as consultants and director as noted in this release.”
“These age-date results are proof of our concept that our properties are part of a continuous belt of caldera systems that have shown exceptional potential for hosting bonanza grade Au-Ag epithermal deposits,” said David Jones, Exploration Manager and Director of Madoro Metals.
“These are the first holes drilled at Mololoa which show a vein structure with high grades of silver and gold that we believe will add additional ounces and grade to the upcoming initial resource at Los Ricos North,” said Brad Langille, President and CEO. “We encountered numerous old workings while drilling Mololoa and will attempt to drill below the level of the old workings, so we are able to see the full extent of the intact mineralized zone.”
Mr. J. Duane Poliquin, Chairman of Almadex commented, “This Transaction realizes significant and immediate value for Almadex and represents the continuation of many years of prospecting and deal-making by Almadex’s management team.”
Heliostar CEO, Charles Funk, commented: “Heliostar considers each of its projects in Mexico to be a potential company maker and these results from Cumaro are a significant step towards this goal. These veins trend from a historic mine on SilverCrest Metals’ claims to the west and extend onto Heliostar’s ground, where they have never been drilled. Returning so many high-grade hits on surface over a broad area is very positive. The company continues detailed sampling in the eastern half of the claims to finalize a maiden drill program at Cumaro.”
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