Radius Gold Inc. is pleased to provide an update on its phase four diamond drill program at the Amalia Gold-Silver Project in Chihuahua, Mexico. Pan America Silver Corp., the project operator, has completed 4386m of drilling in 10 drill holes. Results for AMDD20-22 to AMDD21-25 have been previously reported, with results for AMDD21-26 to 31 pending. Drilling has concluded for phase four.
GR Silver Mining President and CEO, Marcio Fonseca, commented, “Our surface and underground drilling program continues to expand the high-grade Ag-Au bulk tonnage zones at the Plomosas Mine Area. The lower levels of the historic Plomosas Mine had seen only limited drilling by previous operators, oriented primarily towards exploitation of only Pb-Zn mineralization rather than the high-grade Ag-Au mineralization recently being discovered by GR Silver Mining. Our recent drilling, including highlighted intercepts in this release of 21 m at 466 g/t AgEq, 84 m @ 74 g/t AgEq and 71 m at 48 g/t AgEq, confirms the presence of multiple, broad unmined Ag-Au rich zones.”
Torex Gold Resources Inc. announces results from the 2020 infill drilling program at Media Luna. The primary purpose of the infill program was to upgrade Inferred Mineral resources to the Indicated category within Media Luna Upper. The program follows on the 2017-2019 infill program carried out in Media Luna Lower, which resulted in a maiden Indicated resource of 2.24 million gold-equivalent ounces.
“This high-grade intercept at La Soledad is showing the target to be a series of parallel veins which are open to the west and at depth. As we have progressed the drilling at La Soledad and nearby at El Refugio, we are building an understanding of the relationship between the two sets of vein structures and their potential interaction at depth. We will be targeting these zones of projected vein intersections as well as expanding the targets further west and to the north easterly target of El Indio identified by the recent soil sampling program.”
Silver Tiger’s CEO, Glenn Jessome, stated, “The new holes continue to show the high-grade silver mineralization in both the Sooy Vein and the newly discovered Sooy Footwall Zone. No historical workings were cut in the southern most drill hole ET-21-213 and we are now following both the Sooy Vein and the Footwall Zone southwards along strike. The parallel El Tigre Vein was mined along strike for another 1,000 meters to the south from hole ET-21-213 and the Sooy Vein and potentially the Sooy Footwall Zone also continue south along strike for over 1,000 meters and have never been drilled.”
“With the maiden drilling program at our high-grade Hancock iron ore project just winding up, the upcoming report following the airborne magnetic survey over the Elizabeth Hill silver-PGE project, combined with some current on the ground reconnaissance work being done, we continue to advance our highly prospective portfolio of projects on a range of fronts. Drilling also continues at the Donavon 2 Copper and Gold project assay results will be announced as soon as they become available.”
Spacing between the Buena Suerte and Japoneses zones has been reduced to approximately 100 meters in the northern extensions indicating the zones may merge with further infill drilling.
Brigadier has rehabilitated, mapped and sampled 29 newly discovered historic mine workings in the central part of the Property near the intersection of the ENE trending Cocolmeca Vein system (CVS) and northwesterly trending El Placer system. The underground workings are concentrated in two areas named El Cobre and El Placer.
“These intercepts add weight to the proposed theory that not only do the north – south structures slightly off set the east to west structures but they are more importantly mineralized.”
John Gomez, President & CEO of Inomin Mines, says, “La Gitana and Pena Blanca provide us with two highly prospective gold-silver properties in a prolific mineral belt. We look forward to completing drilling to delineate resources at La Gitana and expand the mineral footprint. Pena Blanca is a large, gold-silver mineral system with several exploration targets. We expect these transformational acquisitions and our future exploration work will create significant value for all stakeholders.”
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