“Silver Spruce Resources is excited to add Greg as the Company’s Vice-President, Exploration. I have known him for several years and find his experience, judgement and ethics to be of the highest order. He brings considerable expertise as we advance our projects in Ontario and Mexico,” said Dr. Brian Penney – Chairman & CEO.
Comet Resources has wasted no time at its Santa Teresa gold project in Mexico, unveiling a high-grade maiden resource for the project, tipping the scales at 369,000 tonnes at an impressive 7.47 g/t gold. This initial estimate perhaps understates the potential of the deposit which hosts a wealth of high-grade intercepts and has only been drilled to 300m depth.
Comet Managing Director, Matthew O’Kane, commented “The initial JORC compliant Resource is the first step for Comet in moving forward with Santa Teresa. Through this process we have increased our understanding of the mineralisation. It is also interesting to see the sensitivity of the resource to different top cap grades. With the Resource being open at depth and along strike, I am confident that we can extend mineralisation with the upcoming drilling.”
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