Sonoro Gold Corp. is pleased to announce assay results from its ongoing drilling program at the Cerro Caliche Project in Sonora State, Mexico confirming strategic extensions to several shallow gold mineralized zones in the northwest-central region of the concession.
“Exploration is progressing well with the trenching and sampling on the additional targets along the primary Testerazo structural trend. Our team is building confidence in Centro and Santa Rosalia Sur targets and will continue progressing the exploration of this well-endowed district. After years of work on various parts of the district it is exciting to see the drilling going well and defining at least 4 separate shear zones, vein zones with gold mineralization present at the surface. We see interesting potential here for upside expansion from past mining operations.”
VanGold Director Hernan Dorado Smith said, “The importance of having access to Level 7 from the Pinguico shaft cannot be overstated. This is the first time in decades that this area of the mine – the highest grade mine in the Guanajuato region when it was in production – has been accessible for exploration and development.”
“The ability to quickly mobilize equipment and field crews to Pilar is a testament to the strong team we have here in Mexico,” commented President and CEO Derek Wood. “After visiting the site this past week, I am very happy with the progress to date and look forward to continued exploration at Pilar. Tocvan is excited to lead the advancement of Pilar and would like to thank all of the field crews for their efforts.”
The TSX Venture Exchange has accepted for filing an amended and restated royalty purchase option agreement dated Nov. 11, 2020, between Exploraciones Mineras Del Bajio S.A. de C.V. (EMBSA) (the optionor) and Vangold Mining Corp., via its Mexican subsidiary, Obras Mineras El Pinguico S.A. de C.V…
Magna Gold Corp. is pleased to announce results from drilling activities on our 100% owned La Pima property located in Mojave/Sonora Megashear, 24 km northwest of Magna’s San Francisco Gold Mine
Proceeds of financing will be used for drilling of targets defined by the previously announced magnetic survey which is currently in progress on the Company’s San Javier Silver-Gold Project.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very encouraged with the results of the initial bulk sampling of the San Juan Breccia, which has indicated that a high- grade silver-gold concentrate can be produced using standard grind and flotation processing technology. Our current focus continues to advance surface and underground drilling with five diamond core rigs at the Plomosas Silver Project. We are also carrying out preliminary metallurgical studies to investigate potential metallurgical flow sheets, aiming to achieve high-value final concentrate products from the areas being drilled.”
Barksdale Resources Corp. is pleased to announce the appointment of Mr. Thomas Simpson as Senior Vice President of Exploration and Mr. William Wulftange as an independent director of the Company.
“The announcement of the Benjamin Hill Property option agreement is a key milestone in our business plan. The team looks forward to developing the Property as it contiguous to our Sonora Gold Property in the highly prospective Caborca Gold Belt.”
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