Category: Exploration and Development

Vizsla President and CEO Michael Konnert commented: “Napoleon is rapidly growing into a large body of mineralization with excellent widths and high grades. This area is the primary focus of our exploration, and with four rigs on the greater than two-kilometre-long vein, we can look forward to more results that may extend the strike and depth of this vein.

“At this early stage, we have extended the margins of known deposits, and the gold and silver grades encountered appear consistent with current resource grades. Drilling also gathered silver assay data in an area of the Project where limited silver assaying had occurred historically and was potentially underrepresented in our current resource.”

The high silver values and the broader zone of anomalous silver zone are considered to represent the upper extents of deeper vein system along strike from SilverCrest Metal’s El Picacho Project.

Jody Kuzenko, President & CEO of Torex, stated: “We are very pleased to have the approval of the MIA modification in hand, which is a permitting milestone for the execution of our Media Luna early works program. While we had been permitted for early works activities on the north side of the Balsas River, this amendment extends permit boundaries and allows for the construction of key infrastructure on the south side of the river.”

Drilling results continue to demonstrate the potential coalescence of the Japoneses and Buena Suerte zones with results from the Buena Vista extension suggesting the potential of all three zones combining into a single body of shallow, oxide gold mineralization.

Mexus Gold US announced that on April 12th the company plans on blasting at its Santa Elena mine located near Caborca, MX. The blast will produce approximately 10,000 tons of mineralized material averaging 2.2 gpt Au. Mexus expects to be producing gold from this material within 30 days of the blast.

CEO Michael Konnert stated, “With the eighth drill rig mobilized to site the Company is well positioned to maximize its drill program for 2021. We continue to see positive results from the Company’s drilling program as demonstrated by the news of the expanded Tajitos vein on March 30, 2021. Vizsla is excited to continue to show the potential of the prospective targets at the Panuco project and look forward to the eighth rig starting to drill at the La Bomba mine soon.”

“I don’t think I’ve ever seen this much textural complexity of quartz in one drill hole before”, commented Geologist and Qualified Person, Michelle Robinson. DH-BRG-043 from Punto Cinco is definitely part of a significant mineral chute, and I look forward to interpreting the assay data when it is ready.”

The acquisition of Marlin is the third significant transaction completed by GR Silver Mining since listing on the TSX-V in March 2018. In accordance with the Company’s long-term strategy, GR Silver Mining now controls two past-producing mines (Plomosas and La Trinidad) that are fully permitted for future production, a current resource at San Marcial, as well as the most prospective Ag-Au exploration ground in the Rosario Mining District.

Peter J. Hawley, CEO and President, remarks, “We are heading into areas never explored before, with new ideas to test our structure-on-structure theory over the Property. Hole SM20-07 intercepted two broad zones of northwest trending, never seen before, semi-massive marcasite, (pyrite) in hornfels, and to the east 225 meters, we tried to cross the major C1 regional north – south fault in the center of the Property.”