Category: Exploration and Development

“We are very excited with the work that SRG has completed to advance the Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “There have been some delays due to government closures during the COVID pandemic, but the project is now moving forward and we are very excited to the re-processing getting into operation.”

Peter J. Hawley, CEO and President, states, “The rest of this hole is now being sampled on a rush/priority. In addition, once the drill machine completes hole SM20-13 it will return to this drill station, re-enter the hole and continue from the depth of 234 meters onwards until the structure has been clearly exited.”

“We recently conducted our due diligence visit to Diamante and, pending the final report, anticipate signing a definitive agreement shortly. On execution, we propose to conduct ground truthing of the Au-Ag systems with geological, spectral and LiDAR mapping, rock sampling and preparation of an environmental report, and are planning for a first-ever drilling program at Diamante within a few months.”

VanGold Director Hernán Dorado said: “Now we begin the process of re-commissioning the El Cubo mill. It remains the Company’s intent to begin processing mineralised material at the mill from our El Pinguico and El Cubo operations by Q4, 2021.”

Jonathan George, Ridgestone’s CEO and Director, commented, “The IP and resistivity survey has outlined a strong anomaly which is very pronounced at the Elena concession. Given the significant copper intersected from drilling on the New Year Zone and Alaska Vein, in addition to the high-grade surface samples from the Elena concession, we are highly encouraged about the potential for a significant copper system at Rebeico.”

Brad Marwood, Managing Director of CZL advised “The Plomosas operation and project teams have produced excellent work in a difficult environment impacted by the COVID-19 pandemic, a severe winter storm across Texas and northern Mexico closing the USA and Mexico roads and ground traffic for days at a time.”

Ralph Shearing, Telson CEO and President, stated “These strong first quarter results continue to reflect our steady progression of improving the throughput and recoveries at Campo Morado. To this end, management intends to initiate a rigorous metallurgical testing program to advance through second phase testing the Leachox Process of Maelgwyn Mineral Services and the Albion Process of Core Group, both of which returned positive test results in first phase testing.”

“The results released today confirm the new vein corridors recently identified by mapping are mineralized and carry similar grade to our Main Zone,” commented VP Exploration, Brodie Sutherland. “Our next phase of drilling will begin later this month. Not only do we have follow-up work to continue at our Main Zone with the recent surface exploration results we have no shortage of targets to test, especially along the 4 Trench Extension and the new Triple Vein Zone.”

“We are very pleased with the results of this sampling and mapping program, which are greatly encouraging for the potential of the project. We were particularly pleased to see that the results confirm our interpretation that there is a continuation of silver and base metals mineralisation and historic mining within the Nueva Andromeda permit area, with the total strike length now increased by a further 20-30% for the San Celso Project.”

Silver Tiger’s CEO, Glenn Jessome, stated, “The first drill holes following up on the discovery of the Benjamin Vein in January have delivered wide zones of high grade silver mineralization. The discovery on the Benjamin Vein is located 1.25 kilometers north of the discovery announced in February of the high grade Footwall Zone in the Sooy Vein, with both discoveries in the Flat formation kilometers apart. The Benjamin Vein appears to be the northern extension of the Sooy Vein.”