J. Duane Poliquin, Chairman of Azucar commented, 'We continue to move forward with our systematic two year intensive drill program at the El Cobre project. The results to date again indicate the potential for large scale porphyry mineralisation in multiple porphyry centres over a 5 kilometre trend. Our ongoing exploration drill program is designed to find as yet undiscovered porphyry intrusive centres and to provide the geologic framework for discovery and extension of known mineralisation within a very large area of intense alteration. We look forward to reporting drill results as the program continues. In the meantime induced polarisation geophysical surveys, soil surveys, surface mapping and geologic interpretation of all data and drill core is underway to best use the results towards future discovery oriented drilling.'
'In Mexico, at our Tabasquena project, we have completed 3 phases of drilling and have hit a large cluster of mineralized epithermal veins, with the boiling zone yet to be drilled. 3D modelling of the mineralized vein hits, gives us a better picture of the size of the cluster. We also included a shell of the historical mine workings in the near surface oxide zone. The picture of the system is becoming clearer with the 3D model of the veins hit so far. Now we need to focus deeper to find the boiling zone of the system,' Allan Barry Laboucan, President and CEO of Advance Gold Corp.
Candente Gold Corp. is pleased to advise that Sun River Gold has reported very positive recoveries from metallurgical testing of samples from the tailings deposit and is moving the project forward by negotiating the purchase of land for the new processing area and also working on the application for change of use of land for the area where the tailings are currently located.
One World Lithium Inc. reports the completion of holes 2019 1 and 2019 3 on its Salar del Diablo Property located in the State of Baja California, Mexico.
Erwin Wong, CFO and Director of Ridgestone Mining, commented: 'While these sampling results represent material that was uneconomic at the time, we are highly encouraged by the grades presented in the context of todays metal price environment. The sampling results serve to reaffirm the historical mining records and moreover, the potential mineralization hosted by the Alaska and associated veins. Going forward, we are incorporating the bulk sample results in addition to the results from drilling, sampling, mapping and prospecting to refine our model for the high-grade mineralization hosted by the Alaska vein. Future planned exploration will include metallurgical testing and sampling of historical production adits and drifts.'
Radius Gold Inc. is pleased to report results from its phase two diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Radius completed 6 diamond drill holes (total 1756m) targeting the San Pedro structural zone.
The Manto America area hosts the strongest gold soil geochemical anomaly on IMPACT's claims and extends over an area 3.5 km east-west and 900m north-south. It is located 10km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant. The area is being mapped and sampled by IMPACT and to date 33 rock samples greater than 2.0 g/t Au have been collected from historic artisanal underground workings and surface with values up to 19.5 g/t Gold over a true width of 1.2m.
Kootenay President and CEO, James McDonald stated: 'It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17th. We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work.'