Sable Resources Ltd. is pleased to announce the Company and Exploraciones Sable, S. de R.L. de C.V., a wholly-owned subsidiary of the Company, have completed the sale of its option to acquire the Margarita Silver Project, located in Chihuahua State, Mexico, to Molimentales del Noroeste, S.A. de C.V., a subsidiary of Magna Gold Corp.
The discovery of veining within several outcrops within the SE Alteration Zone is further evidence of the areas’ potential for hosting additional zones of epithermal mineralization.
Prismo Metals Inc. is pleased to announce that the San Miguel Carrizal community has signed a new 10-year surface access agreement for Prismo’s Palos Verdes Project in Concordia Municipality, Sinaloa, Mexico.
Jorge Diaz, Sonoro’s Vice President Operations, stated, “It is worth noting that current exploration results are confirming Sonoro’s expectations regarding Cerro Caliche’s potential to become another important heap leach mining operation in Sonora State.”
Riverside’s President and CEO, John-Mark Staude, stated: “Our exploration teams continue to deliver strong results in the field with our partner Carlyle Commodities Corp and we look forward to drill with them at Cecilia shortly.”
Morgan Good, Carlyle’s Chief Executive Officer, commented, “The Riverside technical team have once again provided excellent field results with high-grade gold assays of up to 48.3 g/t from the most recent batch of channel samples at the Cecilia project. The company is very enthusiastic as it advances one step closer to the maiden drill program at Cecilia and is optimistic its partner Riverside will continue delivering exploration success in the weeks and months ahead.”
SilverCrest Metals Inc. is pleased to announce the appointment of Laura Diaz to the Board of Directors effective immediately.
Bradford Cooke, Endeavour Silver CEO commented, “These two acquisitions not only expand our property footprint at Terronera, they add multiple new mineralized vein structures with strong resource potential where we can add value through the drill bit. We look forward to increasing our drill budget next year to advance our sizable resource base in this district scale, high-grade, low sulfidation epithermal vein system.”
Total Measured and Indicated Resources increased 18% to 5,356,000 tonnes from 4,557,000 tonnes previously reported; and Total Inferred Resources increased 200% to 4,893,000 tonnes from
“Our diamond drilling program has now tested along 1,000m of the historic El Favor vein and workings. We’re pleased to be intersecting wide zones with some very high grade silver and gold mineralization so close to surface. These first nine drill holes have confirmed the wide zones of mineralization mapped and sampled on surface continue down dip for close to 600m.
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