Chesapeake plans to drill approximately 2,500 meters to recover 10 tonnes of large diameter core (PQ) to undertake metallurgical testwork in support of a potential sulphide heap leach mine operation. Major Drilling has commenced mobilizing to site this week.
The mineralization at Maricela consists of a series of intersecting epithermal vein systems and associated vein stockworks and breccias that have potential for bulk tonnage open pit deposit as well as high grade underground vein targets. Radius geologists have spent a week on the property conducting due diligence, preliminary mapping and rock chip sampling and the system appears to be open for expansion.
An aggressive exploration program is planned to further determine the extent of the mineralized silver veins discovered in bedrock during an exploration program completed by Impact Silver Corp. in 2013.
Initial work is going to focus on identifying drill targets in the area of the Southeast Alteration Zone through further mapping and additional geophysics. As reported in the Fall of 2020, this area measures about 1.5 kilometre east-west by 1 km north-south, and is centered approximately 1 km southeast of the Ixtaca deposit.
Taj Singh, President and CEO, states: “Our confidence in the continuity of the high-grade vein trends at Cordero continues to grow. 20 holes have now been drilled at the 1.5km Todos Santos vein trend. Remarkably, all 20 holes have intercepted the principal vein returning an average drilled width of 2.6m grading 635 g/t AgEq.”
John Darch, Chairman of Sonoro, also noted: “The continued expansion of the Buena Suerte Gold Zone and the positive drilling results at El Rincón and the newly identified Bellotoso zone brings us closer to our goal of developing a major bulk-tonnage, oxide gold resource with the potential to provide a source of production and revenue in the years to come.”
“We are very excited with the progress made at El Mezquite. As we swiftly draw closer to a maiden drill program on the project, we are becoming very confident with the drill targets being selected and have high hopes for positive results,” says Ron Goguen, Colibri President & CEO.
Stephen Orr, the Company’s Chief Executive Officer, stated “The commencement of drilling at our wholly-owned Santa Valeria project represents the achievement of another strategic milestone to broaden Gatos Silver’s mineral asset base. Santa Valeria is believed to be a basin-bounding, geologic mirror of Cerro Los Gatos and we are excited to initiate this drill campaign to explore the mineral potential on the eastern half of this prolific basin.”
Silver Viper’s President and CEO Steve Cope states, “The results from LV21-290 further indicate the significance of the La Virginia Project, in particular, the El Rubi discovery zone. The 28.0 metres core length interval reported here was encountered 50 metres along trend in a southerly direction from, and at a comparable elevation to, the 19.3 metres interval previously reported from hole LV21-289. We look forward to continuing to release results from El Rubi and are excited about the upcoming catalyst of a maiden resource on the project.”
“We are very pleased to advance the permitting process for El Mezquite located in a very productive, mining-friendly region. The application was very thorough and is testimony to the high-quality technical report prepared by Sr. Ruiz and his team at Green & Ceo,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
