Category: Exploration and Development

“At Casados we have stepped out 200 metres along strike and have intercepted high grade mineralization of more than a kilo of silver equivalent,” said Brad Langille, President and CEO. “Again we see at Casados, like other areas of Los Ricos North, kilos of silver equivalent enveloped in broad zones of good grades, potentially bulk mineable. These broad zones of strong mineralization help to build resource ounces quickly.”

“The Company has completed the planning for the Phase 1 2,000 metre drill program and will select the drill contractor shortly. Mobilization of the rig and geological team to the Property is planned during the first week of May.”

“These recent drill intercepts coupled with the recently announced high grade silver drill intercepts in the Benjamin Vein, 1.2 kilometers to the north of Discovery Hole 202, provide multiple pierce points over 2.2 kilometers on the Sooy Vein. We now believe the Benjamin Vein is the northern extension of the prolific Sooy Vein.”

Our Phase 1 drill program, which will conclude at the end of this month, will form the basis for our upcoming resource update and PEA scheduled for the second half of the year. Drill results to date, including those presented today, have surpassed all expectations, and demonstrate the scale, continuity and higher-grade nature of the mineralized system at Cordero.”

Stroud has commenced drilling on its Silver-Gold project at Santo Domingo in Jalisco. The Company has initiated a 3,000 metre drill program on the project and will be starting a second 7,000 metre drill program with its own drill shortly.

Brad Marwood, Managing Director of CZL advised “The establishment of our own processing facility has been a long time coming. I believe this is the final step to the Plomosas mine producing high quality concentrates, consistently and cost effectively.”

El presidente Andrés Manuel López Obrador anunció este jueves que negó a la Minera El Boleo una solicitud para ampliar sus operaciones en una superficie de entre 300 y 400 hectáreas: “Les dije que no, que ya no podemos seguir entregando estas concesiones“, dijo, durante su acostumbrada conferencia de prensa mañanera.

Stephen Orr, Chief Executive Officer, stated “The early drill results from the reactivated definition drilling program are extremely encouraging and demonstrate continuity in both the SE and NW from the CLG reserve.”

The Company has completed 12 core drill holes totaling over 1,800 meters, testing the F Vein as part of the 5,000-meter drill program.

Riverside’s President and CEO, John-Mark Staude: “We are very pleased with this first batch of samples. The results show continuity of mineralization at shallow depths and further drilling is certainly warranted to extend known near-surface mineralization at North Breccia and test at greater depth at San Jose where the first ever 4-holes all encountered gold mineralization and point to strong potential at slightly greater depths.”