Category: Exploration and Development

Tocvan Surface Exploration Expands Targets at Gran Pilar Gold Silver Project

“The latest surface exploration results are adding to our list of targets across the Southern Block.” commented, CEO Brodie Sutherland. “Given how early we are in development of this area, it has yielded encouraging results across a large footprint that extends two kilometers east and 900-meters north of our Main Zone. What excites us about these targets is the fact that back at our Main Zone historic sampling yielded similar results where there is significant exposure across roadcuts and trenches.”

First Majestic Provides Positive Exploration Results at San Dimas

“At the beginning of the year we planned a robust exploration program at our San Dimas mine which has returned impressive results,” stated Keith Neumeyer, President & CEO of First Majestic. “Our exploration teams have completed approximately 113,000 metres of drilling within the district and have intersected significant silver and gold mineralization in multiple veins.”

Sierra Metals Announces Drill Results from its Bolivar Mine in Mexico

Ernesto Balarezo, Sierra Metals CEO, comments, “We are very pleased with the results of our exploration strategy at Bolivar to date and these results only offer what we believe is a glimpse of the mine’s full potential. This drill program in the Marian Zone indicates higher metals grades that have the potential to add to the overall mineral resources at Bolivar.”

Impact Silver Intersects 14.13% Zinc over 2.2m Including 26.06% Zinc over 0.9m at the Plomosas Mine

President and CEO Frederick Davidson commented, “We are encouraged with the great results from the Juarez Mine area which represents a second mineralized horizon open in all directions for mining and exploration. This is located close to the Tres Amigos Zone where we are currently mining and our mining team has already begun underground development work from the historic Juarez Mine adit at surface to begin mining there. On the production side, we continue to ramp up operations with the aim to reach mill design capacity in H1/2025.”

GoGold Announces Results of Los Ricos South Feasibility Study with After Tax NPV of US$355M

“This FS has a very high level of detail, exceeding the normal feasibility study level of detail in the process plant design. Our expectation is that we will receive a positive outcome on our permit application for our underground mine by the end of March 2025. The Company has a strong balance sheet and we are in advanced discussions with prospective lenders for the remaining financing required for construction.”

Luca Commences the First Exploration Drilling Campign at Campo Morado in Over a Decade

Paul Gray, VP Exploration, commented, “Like many established VMS systems around the world, Campo Morado has significant growth potential, and I am excited to be embarking on these first exploration efforts on the property in many years. My aim for this, and all future drill programs, is to identify additional near-mine mineralization that can be quickly added to the mine plan at Campo Morado; leverage the extensive historical data and generate new information through drilling and other exploration tools to extend the mine life and expand resources, and; eventually, demonstrate the true district-scale potential at Campo Morado by targeting high-impact exploration zones further from the mine site.”

Silver Storm Drills 1,335 g/t Ag.Eq Over 3.7 m Within Broader Interval of 618 g/t Ag.Eq Over 18 m in C460 Zone and Extends High-Grade Zone 138 m at Depth

Greg McKenzie, President and CEO, commented: “The C460 Zone drill results reported today are indicative of the importance of this zone in a restart of operations. Hole Q-24-057 returned 696 g/t Ag.Eq over 2.02 m approximately 138 m below the 1767 EL stope, combined with previously reported holes Q-23-020 grading 1,810 g/t Ag.Eq over 14.6 m and Q-23-022A grading 911 g/t Ag.Eq over 13.05 m, also beneath the 1767 EL stope, demonstrate the high-grade potential of this undeveloped 138 m section of the southern C460 Zone.”

All News