Day: August 11, 2021

Avino Reports Q2 2021 Financial Results

“We were extremely pleased to announce last week, that mining operations had resumed at the Avino Mine. I wish to extend our sincere appreciation to the management team in Mexico for their tireless efforts as they prepared the way over many months for this positive outcome. Further, I am excited about the released initial drill results from our ongoing 2021 drill program.”

MAG Silver Reports 2020 Juanicipio Drill Results 110 Holes (39,700 meters)

MAG Silver Corp. is pleased to report results from 2020 drilling on the Juanicipio Project (56% / 44% joint venture between Fresnillo plc. A total of 33 surface holes (27,900 metres) and 77 underground definition holes (11,800 m) were completed with the primary objectives of: infilling and expanding the Valdecañas Deep Zone to optimise its extraction; and definition drilling of the upper high-grade Valdecañas Bonanza Zone where test mining has already begun and the focus for the first several years of mining in this area.

Starcore Announces 1st Quarter Production Results

“With regard to the exploration plans that we reported on in the last quarter, the development of the manto discovered in the northwest part of the mine has commenced and has contributed to the quarterly production, as well as increasing the proven and probable reserves. The well being drilled in the eastern part of the mine was concluded and the ramp being developed to access the positive drill holes is ongoing.”

New Drill Targets Identified on the El Oro Gold Project, Mexico

“The El Oro district is a well-known mining district with over 8 million ounces of gold equivalent produced from only 2 of over 50 known veins,” says Joanne Freeze, President and CEO of Xali Gold. “There is huge potential in the area, and we’ve identified some new drill targets to test some of the other underexplored veins.”

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