Month: September 2023

Vortex Metals Completes Environmental Study at Zaachila Copper Project

Vikas Ranjan, Chief Executive Officer of VMS, expressed his satisfaction, stating, “The completion of the environmental study at the Zaachila project underscores Vortex’s commitment to responsible exploration and environmental stewardship. With the endorsement of local stakeholders, this achievement brings us closer to realizing the full potential of the project through the potential discovery of high-grade copper targets, and further solidifies our dedication to sustainable practices.”

Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t gold, Expands High Grade Panel at Ana Paula

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.”

Prime Releases High-Grade Drill Results from Two New Generative Targets at Los Reyes

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.”

Reyna Silver Drills Multiple New Native Silver Veins at Batopilas including 9 m at 616 g/t Silver

“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.”

Major Drilling Reports First Quarter Results, Robust Cash Position Drives Share Repurchases and Long-Term Debt Reduction to Zero

“We continued to see steady growth every month of the quarter, with increased activity from copper, lithium, silver and nickel customers, offsetting the reduced demands of junior gold exploration companies,” commented Mr. Denis Larocque, CEO of Major Drilling. “Early in the summer, forest fires and project delays due to permitting impacted our North American operations, however, by the end of the quarter, we saw the return of strong activity levels. We were particularly pleased with the results from our South American and Australasian operations, which are seeing a pickup in activity that bodes well for the future.”

Torex Gold Reports Results From 2023 Drilling at EPO

Jody Kuzenko, President & CEO stated: “The geology of the Morelos Property continues to impress and support our strategy to enhance the production and cash flow profile beyond 2027 and extend the overall life of the Morelos Complex. The focus of our renewed investment in exploration and drilling is on expanding the resource potential of the Media Luna Cluster and making stand-alone discoveries across the broader Morelos Property.”

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