Category: Exploration and Development

“Ongoing infill drilling at Copala, where initial mining will likely take place, continues to demonstrate exceptional mineral continuity,” commented Michael Konnert, President & CEO. “Tight-spaced drilling along Copala Main and its hanging-wall splay structures has now expanded the high-grade footprint closer to surface, potentially reducing the overall development required to access the minerlization.”

“The latest results continue to show expansion potential remains open and untested across several developing trends.” commented Brodie Sutherland, CEO. “Step-out drilling has hit a blind target where no previous data was available significantly extending out mineralization another 130-meters. We are highly encouraged by these results and the significance they imply along trends that have shown recently they can yield high-grade results.”

“Building off the success of the 2023 drilling program, which resulted in a two-year mine life extension, drilling at ELG Underground continues to deliver results that bolster our ability to continue to replace mined reserves. This, combined with the potential for EPO to come into the mine plan, supports our strategy of maintaining annual gold equivalent production above 450,000 ounces through 2033.”

Kootenay’s President & CEO, James McDonald states, “We have completed over 30,000 meters of drilling at Columba and are extremely excited to see the project growing in size. We continue to step along D-Vein as a priority, this structure with its high grade and broad mineralized stockwork halo has the potential to contain a significant resource.”

The Discoveries 2024 Mining Conference, organized by Mexico Mining Center and recognized as one of the most important technical conferences in Latin America focused on exploration, innovation and mining development, celebrated its tenth anniversary in Mazatlan, Sinaloa, May 21-23.

“Today’s results represent some of the highest-grade gold intercepts drilled to date at the Panuco Project,” commented Michael Konnert, President & CEO. “Our ongoing infill program, targeting the near-surface ultra high-grade zone at Copala continues to deliver exceptional silver and gold grades over very broad widths.”

“The 2024 Camino Rojo Extension drill program has yielded exciting results, including multiple significant mineralized intersections outside the current resource and excellent metallurgical testing outcomes.”

Prime Mining Corp. Chief Executive Officer Scott Hicks commented, “Following up on our April news release, in which we shared the discovery of a new shoot at the south-east end of Z-T, the drill results we are reporting today again reflect the high-grade nature of the Z-T Trend and its continuity at depth and along strike.”

Greg McKenzie, President and CEO, commented: “We are pleased with the strong drill results from the San Marcos Mine, where we have intersected high-grade mineralization in both the South & North Zones approximately 100 m below the last mined stopes.”

Silver Tiger’s CEO, Glenn Jessome, stated, “In line with previous assay results, the Footwall and Keel Zone are showing significant potential for expansion over the 2023 MRE” Mr. Jessome further stated, “The results may increase the updated MRE associated with the PFS-level study, as well as further de-risk the project.”