Azucar Minerals Ltd. is pleased to announce that it has commenced drilling the large lithocap target discussed in its press release of March 10, 2022.
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented “The combination of contemporary and extensive historical data has allowed GR Silver’s geologists to formulate a modern exploration model focused on high-grade silver and gold mineralization. These results continue to encourage us to explore San Marcial at depth and to the SE.”
“We are fully funded for Phase 2 drilling and excited to commence follow up on the new gold discovery,” said Mike Romanik, president of Silver Dollar. “We are expecting the balance of the Phase 1 drill results shortly and will tailor and expand the program as additional targets become more clearly defined.”
Greg McKenzie, President and CEO commented: “We are pleased to have expanded on our thesis that open pit style mineralization exists near surface, above the Fernandez Zone.”
“Parral continues to provide meaningful cash flow contributing to the general and administrative costs and the Los Ricos exploration budget,” said Brad Langille, President and CEO. “Parral continues to be a steady source of cash flow while the Los Ricos project is the major driver of shareholder value for the Company.”
“Once again, our team in Mexico has delivered on two significant milestones: our first full quarter of gold production and achieving commercial production on time,” said Andrew Cormier, Chief Operating Officer of Orla Mining.
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