Day: February 28, 2022

Mining Concepts Study Completed – Copalquin District, Mexico

“The positive outcome of the conceptual mining study by AMC Consulting is an important step in the advancement of our work in the Copalquin district. The study and the recently reported high metallurgical recoveries are positive steps towards development in the district for production of gold and silver from high-grade resources. Exploration drilling, mapping and geochemical programs are in progress, and we look forward to reporting this work in the near future.”

Vizsla Silver Announces Maiden Resource Estimate for Panuco Silver-Gold Project

“This maiden resource estimate is a major milestone for Vizsla Silver,” commented Michael Konnert, President and CEO of Vizsla Silver. “It establishes Panuco as an extremely high-quality silver and gold district given its rare combination of size, grade and width, with significant room for growth.”

GR Silver Mining Provides Corporate Update

Effective immediately, Company founder, Marcio Fonseca will become President and Chief Operating Officer and Eric Zaunscherb will assume the role of Chief Executive Officer in addition to his position as Chairman of the Board.

Osisko Development Intersects 2.19 g/t Gold over 78.9 Meters at Sapuchi and 1.55 g/t Gold over 42.5 Meters at Golfo De Oro; Provides Update on the Non-Brokered Private Placement

Sean Roosen, CEO of Osisko Development commented, “The 2021 diamond drill campaign at our San Antonio Project was successful in defining and expanding the known zones as shown by these recent results. The Sapuchi, Golfo de Oro, and California Zones trend for approximately three kilometers and there are at least a dozen other targets at surface that remain unexplored or underexplored along a ten kilometer strike.”

Heliostar Reports Maiden Drilling Results from Cumaro Project, Mexico

Heliostar CEO, Charles Funk, commented: “The maiden drill program at Cumaro targeted the rock beneath high grade surface results at the Verde discovery. It is also testing for mineralization in the eastern half of the property. These first results from the Verde indicate the veins are not as robust at depth and contain lower grades.”

Torex Gold Reports Updated Media Luna Resource Estimate

“In line with our strategy to continue to invest in growing our reserves and resources, we had another successful infill drill program at Media Luna in 2021, resulting in more than a 0.85 million gold equivalent ounce increase in the Indicated mineral resource category at similar grades as outlined in the April 2021 resource estimate.”

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