“The commencement of test mining and bulk sampling at Panuco is a significant milestone in our journey toward full-scale production,” commented Simon Cmrlec, Chief Operating Officer. “This major de-risking initiative not only allows us to validate development rates and conduct preliminary reconciliation to the resource block models and geotechnical models but also provides invaluable operational insights for our team as we advance the Project towards development.”

Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Guadalupe East continues to provide exceptional high-grade results. In targeting the sparsely drilled 700m gap between the main ‘Laija’ area at Guadulupe East and the Echeguren Shaft, we continue to find mineralization. Drill hole 24GE-160 is particularly outstanding for its high-grade gold and silver, measuring half an ounce of gold and over 2 kilograms of silver over a metre in length. Both drill holes 24GE-160 and 24GE-162 demonstrate the potential for further expansion of mineralized material, amenable for underground extraction.”

“The existing mineralization in the upper Caracol-host already set a strong foundation for the initial underground sulphide resource. It is now becoming clear that the future project will be enhanced by the Zone 22 Extension, and we continue to be impressed with the drill results: high-grade, polymetallic, and favourable metallurgy. Zone 22 remains wide-spaced drilled and open down-plunge, offering significant potential for further infill and step-out drilling to contribute to both resource growth and upgrades.” – Sylvain Guerard, Orla’s Senior Vice President, Exploration.

Defiance Silver Corp. is pleased to announce a Mineral Resource Estimate prepared in accordance with the National Instrument 43-101 – Standard for Disclosure for Mineral Projects for the 100% owned Tepal Gold-Copper Project, located in the municipality of Tepalcatepec, Michoacán State, in south-western Mexico.

“Drilling is progressing well at the Target 1 resource area, the first of several targets at our district scale high-grade Copalquin silver and gold project. With ~1,500 metres completed since the recent restart, we have now completed 6,300 metres of the expanded 9,000 metre Target 1 resource update drill program, announced late June 2024. The recent drill core logging supports the ‘big picture’ geologic model for the widespread silver and gold mineralisation across this 10 km wide district.”

Greg McKenzie, President and CEO, commented: “We are really pleased with the drill results from Phase 1 & 2 within Central Rosarios. Three of the high-grade areas collectively reported today outline a terrific zone at depth with continuity over a strike length of 275 metres. Two of these areas were predicted to be blank within the existing resource model.”