Category: Exploration and Development

Magna Gold Achieves Full-Scale Commercial Production at San Francisco on Schedule

Arturo Bonillas, President and CEO of Magna stated: “We are all extremely proud of the Magna team for achieving this tremendous milestone on schedule. Achieving full-scale commercial production in such a short period of time is a testament to the hard work and quality of our Mexico-based operations team and as a company, we have demonstrated our ability to execute on all our target deliverables.”

Silver Tiger Intersects 4,461.4 gpt AgEq Over 0.5 Meters in the Sooy Vein

Silver Tiger’s CEO, Glenn Jessome, stated, “We have stepped out 55 meters to the south from our initial discovery hole on the Benjamin Vein and the super high grade silver within wide mineralized zones continues to hold. It is apparent that the Benjamin is the northern extension of the Sooy Vein.”

Reyna Silver Adds Second Drill Rig to Guigui Project

“The exploration team is delighted that the Board has given us another drill rig to drill targets that emerged through our exploration to date,” said Dr. Peter Megaw, Chief Exploration Advisor to Reyna Silver. “We have a large area in which to seek the source intrusion, so the second rig gives us the flexibility to follow up on initial holes while continuing to drill our initially identified targets.”

Chesapeake Releases Results from Metates Drill Program; Highlights Include 432 Metres of 1.80 g/t and 282 Metres of 1.53 g/t, Gold-Silver Equivalent

Alan Pangbourne, CEO, states: “The drill results from Metates are higher than expected further supporting our thesis that within the world class deposit, a higher-grade component exists from which we can build a foundation for a new mine plan. We look forward to completing ongoing efforts to re-scope and optimize this impressive project.”

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