Tocvan Ventures Corp. reports high grade gold and silver assay results at two new showings that significantly extend the known mineralization on the Pilar property.
Describió que Baluarte Minero no será propiamente una empresa; se trata de una reorganización interna para tener los enfoques especificados por la presidencia de Grupo BAL; por lo que no necesariamente contarán con nuevas oficinas, ni siquiera se sabe si habrá una nueva empresa como tal; pero el enfoque es claro y es que queden claras las responsabilidades que se adquieren en cada área.
“As 2020 has come to an end and the new year has started, we want to thank our shareholders and stakeholders for their continued support. Prime has evolved during 2020 into a company with a highly skilled technical, management and governance team. Our geologic understanding of Los Reyes has increased significantly pointing to tremendous potential for a major new resource discovery,” stated Daniel Kunz, Chief Executive Officer.
Peter J. Hawley, CEO and President, remarks, “The results of the follow up sampling of the IP anomalies have provided favorable silver results over all on anomalies sampled, of which certain results were a pleasant confirmation of not only the location of the IP anomaly but also exhibiting silver grades on surface even though the anomaly is at depth. It is not common to sample almost one ounce of silver over a buried IP Anomaly.”
The exploration success that we have had at Vizsla is amplified further by the shortcut to production that we have at Panuco. With the El Coco mill under option to us, we can move rapidly into production. This sets us as apart from the rest of our cohort. I believe that Vizsla is on track to become Mexico’s next major producer of silver and gold.
“Results from our first 20 diamond drill holes are demonstrating the El Favor deposit is hosted by a large scale zone of semi-parallel silver and gold bearing structures. The deposit is open along strike and at depth and may be amenable to bulk mining,” said Brad Langille, President and CEO.
Sierra Metals Inc. has filed an independent technical report prepared in accordance with National Instrument 43-101 on the Cusi Mine in Mexico.
Taj Singh, President and CEO, states: “We continue to confirm and expand the strike extent of the high-grade vein systems at Cordero. Step out holes at Parcionera have doubled the drill-confirmed strike extent to at least 1 km with clear potential for further expansion to the northeast. A review of historic drill core also indicates that Parcionera has a depth extent of at least 470 m. Drilling at the Josefina vein trend intercepted high-grade veins, several of which were within broader zones of disseminated mineralization. This opens the possibility of expanding the higher-grade bulk-tonnage domain to the east, potentially incorporating sections of the Josefina vein trend. We look forward to the results of follow-up drilling targeting this potential expansion.”
Thomas Atkins, President and CEO of Mammoth commented on the receipt of this drill permit, stating: “Since the recent announcement two weeks ago wherein Mammoth received surface access approval from the second of two ejidos enabling surface access on the Tenoriba project, Mammoth is now in receipt of the drill permit to drill up to 139 locations at its Tenoriba gold-silver property. All permissions are now in hand to enable Mammoth drilling Tenoriba.”
Xtierra Inc. has completed the first two drill holes and 732 meters of a planned five drill holes totaling 1500 meters into previously identified areas of high-grade silver mineralization.
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