Day: April 21, 2021

Mithril Resources – March 2021 Quarterly Activities Report

Exploration work in the Copalquin Gold-Silver District has progressed at a fast pace for the first three months of 2021 with the completion of 15 diamond drill holes and an extensive soil sampling program across 2 project areas. The Mithril exploration team reported that holes successfully intercepted the targeted geological structures at El Refugio and La Soledad.

Sierra Metals to Invest US$28 Million for an Iron Ore Processing Plant Expected to Produce Approximately 500,000 Tonnes per Year of Magnetite Concentrate at the Bolivar Mine, Mexico

Luis Marchese, CEO of Sierra Metals commented: “We are very excited about initiating this new process with the potential for additional revenue for the Company. The iron ore market is presenting value-enhancing opportunities for Sierra Metals and the Company is taking decisive action to extract value from its existing iron ore-copper mineral resources.”

GoGold Drills 1,320 g/t AgEq over 1.5m within 16.8m of 306 g/t AgEq, Extending Mineralized Zone 200m to East at Casados in Los Ricos North

“At Casados we have stepped out 200 metres along strike and have intercepted high grade mineralization of more than a kilo of silver equivalent,” said Brad Langille, President and CEO. “Again we see at Casados, like other areas of Los Ricos North, kilos of silver equivalent enveloped in broad zones of good grades, potentially bulk mineable. These broad zones of strong mineralization help to build resource ounces quickly.”

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