Monarca Minerals Reports Progress in Moving Toward Drilling at San Jose Project
Monarca Minerals, Inc. is pleased to announce that it is advancing toward an initial approximately 5,000m drilling program at San Jose.
Monarca Minerals, Inc. is pleased to announce that it is advancing toward an initial approximately 5,000m drilling program at San Jose.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “The assays resulting from GR Silver Mining’s current Plomosas drilling program continue to validate the presence of a large hydrothermal system at the Plomosas Mine Area. They have identified a wide mineralized corridor on the hanging wall of the Plomosas Fault with attractive precious and base metals grades. Our integration of the recent and historic drilling data continues to define new Au-Cu-Ag-Pb-Zn mineralized structures and is discovering several attractive, near surface Pb-Zn zones. The integration of all data for the first time in a 3D model, is a valuable exploration tool to maximize the opportunity to continue to drill and expand the footprint of the potential resource area.”
Silver Viper’s President and CEO Steve Cope states, “Exploration continues at the project and we are happy to report that the drilling continues to advance at a steady pace. The reconnaissance drill testing in the outlying areas of the Rubi plateau is now complete and we have returned our attention to the main El Rubi area in order to extend known mineralization and to firm up our understanding of the structural controls within discovery area.”
Donn represented Tocvan Ventures at the Discovery Mining conference in Guadalajara Mexico this past November and has already helped build relationships within the private and public sector of Mexico.
Prime Mining is focused on the development of the Los Reyes Gold-Silver Deposit in Sinaloa Mexico.
Silver Dollar Resources Inc. has granted stock options, subject to regulatory approval, to its directors, officers, and consultants of the Company.
In December we started our highly anticipated diamond drill program, which now has been expanded from 10,000 metres to 15,000 metres, intended to upgrade and expand the current resource and test high-potential targets defined by our surface mapping and core re-logging program.
Canada Metals is a private Australian company backed by Melbourne-based investment management firm Peak Asset Management Pty Ltd. Inomin welcomes its new Australian shareholders and looks forward to working with Peak on future financing and marketing initiatives.
The first phase of drilling will consist of a minimum of 8,000 meters of HQ size core with a Versadrill 1.4 mount track. Drilling is expected to define the Santa Maria veining at depth and to the east and west using the IP anomalies as a target. This will be followed by pure exploration to test virgin IP targets to the north of the property, as identified by the recent survey. Fabled has awarded the surface diamond drill contract to Maza Diamond Drilling SA DE CV.
“The outlook for 2021 is extremely positive as we expect to steadily increase our production throughout the coming year,” added Mexus President, Paul Thompson Sr.
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