“This latest round of sampling underscores our thesis that Picachos may host a district scale mineralized system not unlike those discovered approximately 15 miles to the north and south of us.”
Vizsla President and CEO, Michael Konnert, commented: “Recent drilling continues to grow the Napoleon discovery area where the best new intercepts are from the deepest holes completed. Mineralization has been extended to the south over 50m and is completely open at depth.”
Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “The first three holes into the 3500 metre continuous chargeability anomaly were focused at the southern end. Results from hole AGT-15 shows promising grades of over a half kilo per tonne of silver. Hole AGT-16 drilled 2200 metres to the north of AGT-15 also hit promising lead and zinc grades in a zone of semi-massive sulphides. It is clear we have a very large sulphide system at Tabasquena.”
Mexus CEO, Paul Thompson added, “I’m excited for gold production in the coming weeks. We believe that a substantial amount of gold trapped on the pad is now going to be recovered.”
James McDonald, President and CEO of Kootenay stated: “We are excited about the resource and grade potential of these breccias and stockworks because they offer potential for both high grades and large tonnages. At the present time, we are drilling the previously undrilled areas of the E Vein, located 100 to 400 meters east of the F Vein. Drilling will then move onto the B and D veins to follow up on previous hits such as 628 gpt silver over 1.5 meters in drilling from last year.”
“Acquiring La Reyna in the historic high-grade Cusi District gives the Company a foothold in another major mining district in Chihuahua, only 90km from our flagship Guigui Project.”
Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the continued positive results from the drilling at Rodeo. The drill program has provided us with significant additional information on the details of the high-grade gold zone, expanding the extent of potentially minable material in many areas of the planned open pit.”
Tocvan is currently finalizing drill targets for Pilar, applying for the required permits, and negotiating with contractors in preparation for their near term drilling program.
“Our expansion into new areas has yielded several highly prospective geologic finds consistent with those seen in producing mine regions elsewhere along the emerging Au-Ag mineral belt,” said David Jones, Exploration Manager and Director of Megastar. “The systematic application of our exploration model continues to expand target areas within our existing projects and has guided us to previously unrecognized mineral districts with additional exploration potential.”
“Our exploration program at the La Trini target in Los Ricos North is continuing to provide strong results and a better understanding of what controls high grade mineralization. Our drilling program in Los Ricos North is rapidly expanding from La Trini towards Salomon-Favor with a total of 6 drill rigs currently and a plan to increase to 8 to 10 rigs over the next 60 days,” said Brad Langille, President and CEO.
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