Category: Exploration and Development

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “Three holes were completed near hole AGT-15 which previously reported a high-grade hit of 2.15m of 664.g/t silver. The most recent holes in the southern domain of the claims appear to extend the mineralization in veins to over 1000 metres. At the nearby MAG Silver mine, the highest grades were intersected several hundred metres deeper than where we have drilled the veins at Tabasquena. Our next focus will be to drill significantly deeper to test this depth potential, with drilling to begin shortly.”

Nine holes totaling 1,505 metres of RC drilling was completed.

The estimate for the Cerro de Oro Project, using a gold price of US$1,450/oz and a cut-off grade of 0.18 g/t, has an Inferred Mineral Resource of 48 million tonnes grading 0.41 g/t gold or 630,000 ounces of contained gold.

Equinox Gold Corp. reports that the blockade by members of the Carrizalillo community at the Company’s Los Filos Mine in Mexico has been removed and access to the mine has been restored.

The Layback Agreement will allow Orla to expand the Camino Rojo oxide pit onto part of Fresnillo’s mineral concession located immediately north of Orla’s property. Orla will have access to the oxide and transitional heap leachable mineral resources on Orla’s property below the open pit outlined in the June 2019 Feasibility Study.

Almaden Minerals Ltd. has received notification from the Mexican federal permitting authority, Secretaría de Medio Ambiente y Recursos Naturales that the Company’s initial environmental permit application in respect of the Ixtaca project has not received approval.

Simon Ridgway, CEO, comments: “With ongoing drilling programs in Mexico, drilling planned next year in Guatemala, geophysics programs for drill targeting at Plata Verde, as well as our constant prospecting and property appraisals, Radius Gold expects to have regular news flow and an exciting year in 2021.”