Category: Exploration and Development

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to consolidate Maria Luisa into the larger Ariel project as this has been a goal for several years and was able to be completed on highly favorable terms for Riverside. This now provides the opportunity to move forward with drilling at both Ariel and Maria Luisa.”

“We are very pleased that significant work has commenced so quickly on the El Oro Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “The fact that KCA is using Starcore’s already permitted mine plant site nearby for the reprocessing, has potential to allow us to get the El Oro Tailings Project running sooner than expected.”

“We are very pleased with the positive exploration results that we continue to achieve at San Dimas in 2024,” stated Keith Neumeyer, President & CEO of First Majestic. “The recent drilling has continued to highlight San Dimas’ 71,867 hectare prospectivity through the intersection of significant gold and silver mineralization.”

Regarding the Palos Verdes silver project in Mexico, Craig Gibson, Co-Founder and Chief Exploration Officer said: “Immediately following closing of the Private Placement, we will mobilize our drilling crew at our Palos Verdes for our next phase of drilling. We are planning to drill approximately 3,600 meters in ten holes to be completed in two phases.”

“New drill results from our ongoing Copala infill program continue to demonstrate excellent continuity of high-grade silver and gold mineralization,” commented Michael Konnert, President & CEO. “As we reduce the drill spacing at Copala, focused on converting mineralization to higher confidence resource categories, we continue to expand the high-grade precious metals core of the main structure, and in-turn the overall potential minable inventory.”

“The results today give us numerous reasons to be excited about the potential of Pilar,” commented Brodie Sutherland, CEO. “Not only are we continuing to increase the resource potential on the outer edges of the Main Zone but have successfully hit significant mineralization in two exploration holes 700 meters away.”

Angel Wing Metals Inc. is pleased to report the results for two recently completed geophysical surveys over a 1.5 by 3.0 kilometre portion of the Polo-Dolorosa drill target area (see January 23, 2024 press release) at the Company’s La Reyna Gold Project in Nayarit State, Mexico.

Greg McKenzie, President and CEO, commented: “Our team is excited to be adding a second drill rig at La Parrilla. The Phase 1 results reported to date exceeded initial expectations and confirm our thesis that the mineralized zones at La Parrilla extend well beyond the previous mining areas.”

The Company is updating from its May 21, 2024 news release and announces that mining activity has confirmed high grade gold mineralization over significant widths at the Tahuehueto Gold Mine in Durango, Mexico.

To date, over 2,200 meters have been completed in 20 drillholes. Results for nine drillholes have been released so far. Two holes returned the best results ever outside of the Main Zone trend, returning 56.4 meters of 1.0 g/t Au and 42.7 meters of 1.0 g/t Au from the 4-T and North Hill trends respectively.