Month: January 2022

Avino Provides Further Drill Results from its 2021 Exploration Program; Drills 32.2 metres of 151 g/t AgEq at the Brecha de Bajo Vein

“The results from Phase 2 of the drill campaign are highly encouraging as we have intersected some significant widths with mineralization on the Brecha de Bajo vein which are in close proximity to our current underground workings at ET. In the process of testing this vein, we discovered a new vein splay which appears to be mineralized, and has been named the Bart vein, after the geologist at site who discovered it.”

Reyna Gold Reports Multiple High-Grade Sample Results up to 93.9 Grams per Tonne Gold from First La Gloria Sampling Program

“The geological team is fascinated by the property. We have multiple styles of gold mineralization in the same host rocks as major deposits on the trend. The initial high-grade samples and high percentage of positive results is a great sign the team is unlocking the geological puzzle. We now have the drill permits and are really excited to start drilling at Big Pit and Pique Viejo in February.”said Michael Wood, CEO of Reyna Gold

Starcore Announces New President

Starcore International Mines Ltd. announces the appointment of Pierre Alarie as President and a director of the Company. Mr. Alarie’s appointment signals Starcore’s expanded direction as it positions the Company for strategic leadership and growth.

Xali Gold Extends Option on El Oro Tailings for Advance NPI Payments

“Sun River is a great partner to have on our El Oro Tailings Project in Mexico and has the confidence of investors to finance them into production. Their agreement to start advance NPI payments is another indication of confidence that production is not too far away now,” states Joanne Freeze, President and CEO for Xali Gold.

Golden Tag Set to Recommence Drilling on San Diego

Golden Tag Resources Ltd. is pleased to announce that diamond drilling is set to recommence on the Company’s 100% owned San Diego Project, located in Durango Mexico. After pausing briefly at year-end, Major Drilling has commenced mobilization to site and is expected to restart drilling within the next few days.

Endeavour Silver Launches Sustainability Strategy with Three-year Targets

“We’re raising the bar for ourselves,” says Dan Dickson, CEO. “We want to deepen our sustainability commitments and elevate our performance in areas that matter most to our stakeholders and our business. These are areas where we’re channeling our energy, increasing our investments, and increasing our efforts to deliver meaningful progress toward a more sustainable future.”

GSilver Begins Processing Third-Party Silver and Gold Mineralized Material

James Anderson, Chairman and CEO, said, “It is GSilver’s intention to use the approximately 20,000 tonne per month of excess capacity at the El Cubo mill to profitably process mineralized material from various potential sources in the Guanajuato area. Whether the business arrangement is designed as toll milling, raw material purchasing, or profit sharing, if it serves to contribute to our bottom line and helps to expand our presence in the 480-year-old mining camp of Guanajuato, then we will pursue it.”

Excellon Provides Operations and Exploration Update

During 2021, the Platosa Mine and Miguel Auza mill delivered four quarters of stable production at record rates (six consecutive quarters looking back to Q3 2020). Annual and Q4 production results for 2021 are expected to be released in the coming weeks.

GoGold Accelerates Drilling Program at Los Ricos and Reports Quarterly Production at Parral of 444,071 Silver Equivalent Ounces

“We are accelerating our aggressive drill program at both Los Ricos North and South and anticipate our normal flow of drilling results from the district over the coming weeks. We see 2022 as a year of aggressive growth in resource ounces at the Los Ricos projects with this growth being financed partially by Parral’s cash flow and by our very strong balance sheet,” said Brad Langille, President and CEO.

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