Category: Exploration and Development

These drill targets have recently been identified in a 3D Leapfrog model and are designed to test potential extensions to the mineralized zone previously defined by Timmins Gold Corp. as well as the more recently discovered high grade occurrences by Xali Gold.

“We are very pleased with the cooperation and support we have received from the Sinaloa and Chihuahua offices of SEMARNAT” stated Ian Graham, the Company’s President. “We see this positive relationship as integral to the success of the Santo Tomas Project.”

“Hole 48 is our easternmost hole drilled to date at El Favor, with some of the highest grades we’ve seen to date in the deposit,” said Brad Langille, President and CEO. “Adding strike length to the eastern end of El Favor at these grades could contribute greatly to the upcoming resource.”

“We believe that these aggregated results indicate the possible presence of a sub-surface copper porphyry system. The upcoming drill program will follow-up on the high-grade copper mineralization encountered on surface to determine the source of and potential extensions of the mineralization.”

Vizsla President and CEO, Michael Konnert, commented: “The southern end of Napoleon is proving to be consistently higher grade and wider than any part of the mineralized zone. Geological information suggests this may be the true core of the mineralization and it remains open to the south and at depth where the Company is actively drilling to further expand this large panel of mineralization.”

Fabled Silver Gold Corp. is pleased to announce diamond drilling updates from its upgraded 9,200 meter drill program on the “Santa Maria” Property in Parral, Mexico.

Taj Singh, President and CEO, states: “This current set of holes, drilled in areas where there were significant gaps in previous drilling, confirm the continuity of higher-grade mineralization at depth in the South Corridor. Excellent grades over broad widths were encountered on a consistent basis highlighting the potential for Cordero to emerge as one of the few multigenerational mines in the silver space.”

Hernan Dorado, COO, stated: “We are very pleased with the pace with which we are filling the vital operating positions at this early stage of our ramp-up process. Our ability to readily hire quality people, often graduates of the University of Guanajuato, speaks to the depth of mining experience within the greater Guanajuato community.”

GR Silver Mining VP Exploration, Honza Catchpole commented, “We are excited to commence this new phase of our exploration program after the successful conclusion of the resource drilling at the Plomosas Mine and San Juan Areas. With the mobilization of seven rigs, we can now begin to test new Ag-Au vein targets that we have had our eyes on for some time.”

All construction has now been completed with the full leach pad now lined and available for stacking. First loading of mined material from the Nicho Norte pit commenced earlier this month in preparation for the commissioning of leach operations around the end of June.