Day: September 6, 2023

Alan Pangbourne, CEO, commented, “We are very encouraged with the latest results from this phase of metallurgical testwork. A systematic, methodological approach individually testing several parameters under different conditions is being undertaken in 42 columns. The results have identified certain parameters that provide the conditions where the leach technology oxidizes mineralization at a faster rate than our previous testwork. Under these conditions, we believe the targeted oxidation curve will be achieved and provide the foundation for preparing the pre-feasibility study early next year.”

Kootenay’s CEO, Mr Jim McDonald states, “surface work and follow up drilling at Columba has identified a series of cross cutting, well mineralized veins within an area measuring approximately 4km by 4km. Of all the veins drilled to date, D Vein has returned the most impressive grades and widths so we are looking to expand the size of this mineralized shoot.”

Mako Mining Corp. is pleased to announce results from an additional 68 reverse circulation infill drill holes at Las Conchitas, located immediately south of the company’s San Albino gold mine, which is currently in commercial production.

Heliostar CEO, Charles Funk, commented, “The Ana Paula project continues to deliver exceptional results. Drill results are exceeding expectations at every point. The widths of the intercepts, the consistency in the grades, and the improvements in drill intersections over the PFS resource continue to be impressive. As we better define the limits of the High Grade Panel, today from the down-plunge target area, we believe that there is a clearly significant potential for an increase in total ounces and grade in the upcoming resource update.”

Scott Smith, Executive Vice President of Exploration added, “We are successfully executing a two-pronged approach to exploration: firstly, drilling resource expansions at Z-T, Central and Guadalupe Zones, the three areas that form our current mineral resource estimate, and secondly, exploring a growing number of new, generative targets.”

“We are delighted that the time and effort spent over the past year on the sampling program, structural studies, and geophysics has paid off with these high-grade silver discoveries,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “Cutting new native silver structures -including one reporting 9 metres of over 600 g/t Silver- shows that a disciplined, district-scale approach to exploration can lead to discovery. Going forward our team will test this model against our upcoming drill targets in our campaign to search for the silver and gold veins of Batopilas.”