Category: Exploration and Development

GoGold Drills 1,729 g/t AgEq over 1.8m and 53.4m of 145 g/t AgEq at El Orito in Los Ricos North

“Our drilling campaign at El Orito continues to provide strong results, again showing high grade narrow intercepts, along with wider zones of potentially bulk mineable grades. Hole 20 is also exciting as it contains high gold values in addition to silver, which differs from the base metal zones which we’ve seen to date at El Orito,” said Brad Langille, President and CEO.

Agreement to Acquire Highly Prospective Extension to Santa Teresa Gold Project

“The addition of La Sorpresa III to the Santa Teresa Project is potentially transformational. Our existing JORC Resource is in the northwestern corner of our existing tenement package and its open at the boundary with La Sorpresa III. With La Sopresa III we will have the opportunity to test the interpreted northwestern extension of mineralisation for inclusion into future resource updates.”

Extensive Gold-Silver Confirmed El Refugio West – Copalquin District Mexico

“The step out drilling to the west at El Refugio has confirmed continuation of the gold-silver mineralised structure 180m further west. These broad intercepts with high-grade gold and silver are important results for further extensions deeper and to the west at El Refugio. El Refugio continues to produce reportable intercepts with every hole drilled as we continue to expand the resource potential in this part of the Copalquin District.”

Minaurum Corporate Update

During the first five months of 2021, Minaurum has focused on preparing its flagship Alamos Silver project for the resumption of Phase II drilling while continuing to advance both the Santa Marta copper-gold volcanogenic massive sulphide project and the Aurifero silver-gold project to the drill stage.

Plomosas Plant First Operations Update

Brad Marwood, Managing Director of CZL advised “The Plomosas plant will run at design capacity of 100tpd for a few weeks and then we will stretch test the capacity of the float circuit towards 150tpd.”

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