John Darch, Chairman of Sonoro, added, “These drilling results continue to affirm the potential of Cerro Caliche to host a major deposit amenable to support the proposed 15,000 to 20,000 tonnes per day Heap Leach Mining Operation (HLMO).”
Pete Dougherty, President & CEO commented: “It has always been our intention to drill test below the El Crestón pit to determine whether the La Colorada mine has the potential to transition from an open-pit mine to an underground mine in the future. These high-grade gold and silver results vastly exceeded our expectations and obviously warrant follow-up drilling.”
“We are delighted to select Layne de Mexico to drill the Phase 1 RC program at El Mezquite. Layne has a reputation for excellent service to their clients and we look forward to a successful first-ever drilling campaign for El Mezquite,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.
Kootenay Silver Inc. is pleased to announce that drilling is proceeding as scheduled at the Copalito silver-gold project, located in Sinaloa State, Mexico. To date, the Company has completed 1,600 of the planned 3,500 meters over 19 shallow drill holes, ranging from 50 to 160 meters in depth.
ALORO MINING CORP is pleased to announce that Alamos Gold Inc. has informed Aloro that it has started its initial drill exploration programs on the Los Venados claims, Mulatos District, Sonora Mexico. As the operator, Alamos will be conducting the exploration on the Los Venados Project until a participation level is attained.
“These new areas were identified through the systematic application of our exploration model,” said David Jones, Exploration Manager and Director of Madoro.
“Underground drilling at Platosa continues to delineate high-grade silver,” stated Ben Pullinger, Senior Vice President Geology & Corporate Development. “We are currently advancing development to support further drilling of the Gap Zone. As that development progresses, we are identifying areas of historical production where we see potential additional high-grade mineralization, such as Guadalupe North.”
“We are very pleased to partner with Scatec on this new solar plant, our first major foray into renewable energy at our operations. The new facility will complement our existing power supply with a renewable energy source that demonstrates we are serious about reducing our carbon footprint, with a view toward carbon neutrality over time.”
Exploration work in the Copalquin Gold-Silver District has progressed at a fast pace for the first three months of 2021 with the completion of 15 diamond drill holes and an extensive soil sampling program across 2 project areas. The Mithril exploration team reported that holes successfully intercepted the targeted geological structures at El Refugio and La Soledad.
Luis Marchese, CEO of Sierra Metals commented: “We are very excited about initiating this new process with the potential for additional revenue for the Company. The iron ore market is presenting value-enhancing opportunities for Sierra Metals and the Company is taking decisive action to extract value from its existing iron ore-copper mineral resources.”
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