Category: Exploration and Development

Darren Koningen, CEO of Minera Alamos, stated: “The Copperstone project is an ideal addition to our portfolio of low capex, late-stage development projects. The site has significant infrastructure and permits in place which will allow our technical group to quickly advance the project into production.”

Heliostar CEO, Charles Funk, commented, “We took our most aggressive step-out shots with the first holes of the 2024 program at Ana Paula. The results show two critical points about Ana Paula. First, we believe the High Grade Panel can be expanded by over 115m down plunge. Second, that new zones of gold could be identified surrounding the main panel.”

“We are very pleased with Jupiter Gold and Silver and the 1832 Funds’ continued support and welcome several new high-quality Australian and global funds to the register. The funding allows Mithril to considerably expand drilling at Copalquin with additional drill capacity and open up the district for more rapid advancement of exploration work.”

Kootenay’s President & CEO, James McDonald states, “Another great set of drill results from Columba. Hole 171 is especially exciting with an 87-meter-wide zone of continuous silver mineralization and as a step out down dip and along strike about 50 and 100 meters to the southeast of CDH 140 and 125 respectively.”

Dan Barnholden, CEO, commented, “Tahuehueto is a brand new mine which will soon be in commercial production. There are all the indicators of significant resource expansion potential at this project, and I am excited that our recently completed financing enables us to not only explore that potential but expeditiously. We have barely scratched the surface at Tahuehueto, and we are focused on unlocking all potential value for shareholders.”

Akiba Leisman, CEO of Mako states: “After receiving the full Environmental Impact Assessment approval for Las Conchitas in early July, the Company is no longer constrained on where it can mine at Las Conchitas. Therefore, the focus of our exploration has been on expanding the Las Conchitas resource in areas we previously did not have mining access to, and deeper material, which will be part of our high-grade underground resource.”

Scott Smith, Executive Vice President of Exploration, added: “Today’s update quantifies the excellent results of expansion drilling along our three known resource trends, but also highlights three ‘Generative Areas’, Las Primas, Mariposa and Fresnillo, which were not included in our past resource and which remain open in most directions.”

Scott Emerson, President, commented: “The presence of high-grade samples hosted in intrusive, volcanic and sedimentary rocks of the La Plata – Silvia zones confirm these are highly prospective area and targets for further exploration to identify drill targets.”

“The exploration results this quarter continue to demonstrate further life extension potential at CLG beyond the recently announced mine life that now extends to the end of 2032,” said Dale Andres, CEO of Gatos Silver. “Our first three holes in the Central Deeps target, an area which has never been tested before, hit mineralization. The latest results in the South-East Deeps zone show further extension potential to the south-east of the current mineral reserves in this area.”

Angel Wing Metals Inc. is pleased to provide an exploration update for the Company’s La Reyna Gold Project in Nayarit State, Mexico. Exploration is currently focused on the El Polo-Dolorosa Target Area located central to the Project. Historic trench results from this area include 5.03 g/t Au gold over 21.0 metres, 1.21 g/t Au over 12.7 metres and 0.92 g/t Au over 15.52 metres.