Kootenay’s CEO, Mr Jim McDonald states, “surface work and follow up drilling at Columba has identified a series of cross cutting, well mineralized veins within an area measuring approximately 4km by 4km. Of all the veins drilled to date, D Vein has returned the most impressive grades and widths so we are looking to expand the size of this mineralized shoot.”
Mako Mining Corp. is pleased to announce results from an additional 68 reverse circulation infill drill holes at Las Conchitas, located immediately south of the company’s San Albino gold mine, which is currently in commercial production.
Heliostar CEO, Charles Funk, commented, “The Ana Paula project continues to deliver exceptional results. Drill results are exceeding expectations at every point. The widths of the intercepts, the consistency in the grades, and the improvements in drill intersections over the PFS resource continue to be impressive. As we better define the limits of the High Grade Panel, today from the down-plunge target area, we believe that there is a clearly significant potential for an increase in total ounces and grade in the upcoming resource update.”
Scott Smith, Executive Vice President of Exploration added, “We are successfully executing a two-pronged approach to exploration: firstly, drilling resource expansions at Z-T, Central and Guadalupe Zones, the three areas that form our current mineral resource estimate, and secondly, exploring a growing number of new, generative targets.”
“We are delighted that the time and effort spent over the past year on the sampling program, structural studies, and geophysics has paid off with these high-grade silver discoveries,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “Cutting new native silver structures -including one reporting 9 metres of over 600 g/t Silver- shows that a disciplined, district-scale approach to exploration can lead to discovery. Going forward our team will test this model against our upcoming drill targets in our campaign to search for the silver and gold veins of Batopilas.”
Jody Kuzenko, President & CEO stated: “The geology of the Morelos Property continues to impress and support our strategy to enhance the production and cash flow profile beyond 2027 and extend the overall life of the Morelos Complex. The focus of our renewed investment in exploration and drilling is on expanding the resource potential of the Media Luna Cluster and making stand-alone discoveries across the broader Morelos Property.”
Paul Weedon, Senior Vice President of Exploration, commented, “Drilling by the mine geology team recognized a new blind zone of alteration and brecciation, resulting in the intersection of 1,299 g/t Ag Eq over 9.9 meters in drill hole SJOM-1387, and 621 g/t Ag Eq over 5 meters in drill hole SJOM-1391. This new zone has been named the Yessi vein.”
Andrew Swarthout, Director and Qualified Person, states, “Our 2023 drilling program at Mercedes has to date concentrated on improving operations and production in the current workings. We are very excited by the results of this underground drilling program, which have returned intercepts with gold grades substantially higher – in some cases up to 30 times higher – than the currently defined resources of the deposits in which they occur.”
Mr. Mike Struthers (CEO of Luca) commented, “We’re excited to work with EnviroGold on this project, building on the initial test work in 2021. The encouraging results from those initial tests, plus the very real potential to also recover base metals from the tailings, could generate significant value from this old tailings facility. More importantly, if the initial project is successful, the potential to add this metals recovery stream to the existing plant could add considerable future value to Campo Morado.”
Dale Wallster, CEO of Southern Empire, stated: “With Suaqui Verde, I believe that our team can create significant near-term value for Southern Empire shareholders. Copper, which has just been added to the U.S. Department of Energy’s List of Critical Materials, is now often referred to as the ‘new green metal’ as the electrification and decarbonisation of the world will not happen without it.”
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
