Category: Exploration and Development

Stephen Orr, Chief Executive Officer, stated, “The initial drilling in CLG’s SE and NW zones is successfully upgrading the 3.7 million tonnes of Inferred resource to the Measured and Indicated category. Furthermore, the identification of additional offsets to a recently discovered new SE zone vein has extended the CLG mineralization beyond the current resource model and demonstrated that the southeast extension of the deposit is still open along strike.”

“The Company’s 3D geological interpretation has significantly improved our understanding of the geological setting at the Plomosas Mine Area, revealing a much larger epithermal system than originally contemplated.”

James McDonald, President and CEO, states “We continue to see good grade and width potential at Copalito with the 5 Señores vein returning grades up to 2,176 gpt silver equivalent.”

“Definition drilling continues to add confidence and scope to the skarn deposit, confirming wide, high-grade zones with intercepts up to 277 metre drill widths.”

Tarachi VP of Exploration and Director, Lorne Warner, commented: “Our geologists noting the presence of visible gold in the RC drill cuttings is a nice surprise for us on the Jabali concession.”

“The size of Napoleon is growing at an astonishing rate with recent drilling forming an 800 m long, up to 350 m deep panel of mineralization with excellent average widths and grades.”

Rob Birmingham, President & CEO, comments, “With Picachos’ first ever diamond drill program concluded, Brigadier now has a robust dataset from which to plan the next phase of exploration.”

“We are very pleased with this significant initial mineral resource estimate,” commented Jonathan George, CEO, “which is a material milestone for any junior exploration company and provides a solid foundation as we move forward to expand the resource both along strike and at depth.”

The proposed program consists of 2,000m of diamond drilling using experienced contractors from the neighbouring state of Sonora.

Zacatecas Silver Corp. is pleased to announce it has achieved a key milestone to commence its drilling activities at its highly prospective Panuco Silver Deposit and San Gill Breccia Zone by securing an access agreement with the Ejido “Panuco” Municipality, Zacatecas.