“While we are disappointed by the preliminary results of the reconciliation work, we are encouraged by ongoing excellent performance at the Cerro Los Gatos operation, particularly in the challenging environment of the global pandemic,” said Dale Andres, President of Gatos Silver.
The drill program is expected to comprise up to 2,000 metres in 6 to 9 holes.
Silver Tiger’s CEO, Glenn Jessome, stated, “Hole 287 delivered high grade mineralization in the black shale horizon 175 meters north of Discovery Hole 202 and a full 75 meters north of where historic mining ended on the Sooy Vein. Drill intercepts on the Sooy, El Tigre and Seitz Kelley Veins continue to pierce quartz veins in the black shale horizon that hosts high grade silver and gold mineralization. Our understanding of these 2 geological units and how they control high grade mineralization allows our drilling to be more focused and predictive.”
Mr. Sean Roosen, Chair and Chief Executive Officer of Osisko Development commented: “The proposed acquisition of Tintic further accelerates Osisko Development on its path towards becoming a mid-tier gold miner and represents a unique opportunity to significantly enhance our portfolio of operations by adding a high-grade producing asset in a world-class jurisdiction.”
N. Eric Fier, CPG, P.Eng, and CEO, stated, “2021 marked an extraordinary year of efforts from our team and contractors in Mexico and Canada. The progress made throughout the year has positioned us well for Las Chispas start-up in Q2, 2022.”
“We continue to advance toward becoming a million-ounce producer by investing in our producing assets and bringing new mines to production.”
“I am pleased to report Q4 2021 preliminary production, C1 Cash Costs and AISC from Altaley’s Campo Morado Mine,” states Ralph Shearing, CEO & President. “Campo Morado operations are reporting another excellent quarter with estimated net revenue for Q4 2021 of $19.9 million.”
Luis Marchese, CEO of Sierra Metals, commented:“2021 has been quite a difficult year for the company. Declining grades were coupled with unprecedented COVID-related operational difficulties at our three operations. For 2022, although Cusi and Yauricocha are approaching normalized operations and staffing, Bolivar needs to accelerate infill drilling and mine development in order to increase the availability of ore during the first six months of 2022.”
“Diamante provides our third opportunity to work again with Saul Ruiz and his team at Green and Ceo to advance the permitting process for our maiden drilling program proposed for the property. The original environmental application for our El Mezquite property attested to their high-quality technical reporting skills and expertise,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.
“We are very excited about the potential hole 21-CARC-29 has created for the Peñoles Project, as it identified silver-polymetallic mineralization similar to what we’ve seen in the 2013-2014 drill data at the Jesus María Silver deposit. We now believe this style of mineralization has the potential to be expanded underneath the Capitan Hill oxide gold zone.”
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
