“We’re pleased with the strong results from the drilling program at La Trini and expect additional results shortly from Salomon-Favor where 3 drill rigs operate continually. We anticipate these results will build upon the excellent results achieved in our initial drill holes at Salomon-Favor,” said Brad Langille, President and CEO.
Magna Gold Corp. is pleased to announce that the Company and Molimentales del Noroeste, S.A. de C.V., a subsidiary of the Company, have entered into a definitive option acquisition agreement with Sable Resources Ltd. and Exploraciones Sable, S. de R.L. de C.V., a wholly-owned subsidiary of Sable, to acquire the Vendor’s option to acquire a 100% undivided interest in the mining concessions comprising the Margarita Silver Project.
Advance Gold Corp. is pleased to report on highlights of a recently completed Induced Polarization survey from its 100% owned Tabasquena project in Mexico that provides additional clarity to known chargeability anomalies and has also identified a new large anomaly to the west of the known anomalies.
The Company has a right to purchase 100% of the La Franca mine for US$500,000 payable quarterly over a 5-year period, and is subject to a 2% Net Smelter Return Royalty (NSRR) which can be re-purchased at any time from the owners for US$500,000 for each percentage point.
Colibri Resource Corporation is pleased to announced that the Company has received the first set of assays from the trenching program the Evelyn Gold Project, located in the Caborca Gold Belt, northwestern Sonora.
“Drilling at El Dorado continues to expand tonnage, which is still open in several directions,” stated Philip O’Neill, Chief Executive Officer. “We believe that the drilling to date is likely to significantly increase tonnage in a future resource estimate while also providing the basis for a Preliminary Economic Assessment.”
Vizsla President and CEO, Michael Konnert, commented: “Drilling at Papayo continues to deliver high grade results that expand the strike length to 300m and mineralization remains open in all directions.”
“To date, the drilling at the first project area in the district has successfully intercepted high-grade veins and given valuable data for three different vein groups at the Cometa Project.”
Brigadier Gold Limited is pleased to announce that the first five diamond core drill holes of a 5000 metre, 40-hole program at its Picachos Property have intersected the San Agustín vein up to 180 metres below surface.
As reported in News Release dated, October 22nd, 2020, samples collected to check historical reporting confirmed grades of 5.663 grams per tonne gold over 6 metres and 4.322 g/t gold over 8 metres in quartz breccia bodies which we understand are typical throughout the deposit.
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