A high-grade maiden JORC indicated and inferred mineral resource estimate (MRE) was delivered on schedule for the first drill target area of El Refugio–La Soledad in the Copalquin District, Mexico
Sierra Metals Inc. is pleased to announce the completion of an internal organizational review, following the strategic review announced in late 2021.
Ron Goguen, President & CEO of Colibri commented, “We are very pleased to have our team returning to the Evelyn Project and continuing to execute our drill plan. We will also be completing geological mapping in specific areas on the property to support our ongoing property wide interpretation and targeting for Phase 2 drilling. We are now receiving the assay results from the 3,122 metres of Phase 1 completed before the holidays and are compiling the data.”
Kootenay Silver Inc. is pleased to announce that Aztec Minerals Corp. has reported that the Aztec / Kootenay Joint Venture has completed the first 14 holes totaling 2,810.6 metres of the current 5,000 m, 22-hole Phase 2 reverse circulation drill program at the Cervantes Property located in Sonora State, Mexico.
“The results from the second 2021 drill program on the Candy vein at Nora are consistent with previous drill holes with high gold and silver grades from multiple mineralized bands within a wide altered structure. The Candy vein structure remains open for expansion along strike and to depth, and with additional strong widespread geochemical anomalies still to be tested throughout the project area at Nora suggest the potential for a significant gold-silver mineralized system.”
“2021 was a transformative year for Vizsla both at the project level and on the corporate side. At Panuco, approximately 100,000 meters of new diamond drilling led to the discovery of several new high-grade veins, ultimately advancing the newly consolidated project to the resource drilling stage. On the corporate side, Vizsla successfully raised over C$70M in equity financings to fund ongoing exploration and development at Panuco and exercised its property earn- in agreements to take 100% controlling ownership of the district.”
“We are pleased with this first set of results from the second phase of drilling at Yoquivo. Hole two demonstrates the potential for the Pertenencia vein to host significant high-grade mineralization, and we’re also excited about hole four which hit multiple high-grade veins suggesting there may be additional blind veins to be found on the property.”
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