Alexander Langer, Sierra Madre CEO and President states, “Since acquiring La Guitarra in the spring of 2023 the Company has been focused on executing its goal of restarting production. We are pleased to have reached industrial production at the processing plant, on budget and over 6 months before original guidance.”
Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Guadalupe East continues to provide exceptional high-grade results. In targeting the sparsely drilled 700m gap between the main ‘Laija’ area at Guadulupe East and the Echeguren Shaft, we continue to find mineralization. Drill hole 24GE-160 is particularly outstanding for its high-grade gold and silver, measuring half an ounce of gold and over 2 kilograms of silver over a metre in length. Both drill holes 24GE-160 and 24GE-162 demonstrate the potential for further expansion of mineralized material, amenable for underground extraction.”
“The existing mineralization in the upper Caracol-host already set a strong foundation for the initial underground sulphide resource. It is now becoming clear that the future project will be enhanced by the Zone 22 Extension, and we continue to be impressed with the drill results: high-grade, polymetallic, and favourable metallurgy. Zone 22 remains wide-spaced drilled and open down-plunge, offering significant potential for further infill and step-out drilling to contribute to both resource growth and upgrades.” – Sylvain Guerard, Orla’s Senior Vice President, Exploration.
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