Category: Exploration and Development

Heliostar to Commence 15,000m Ana Paula Drill Program

Heliostar CEO Charles Funk comments, “We have always wanted to push harder at Ana Paula, and now we can commence the largest drill program in the Company’s history. We see potential to further improve the resource at Ana Paula.”

Tocvan Core Drilling Discovers Highest Gold-Grade Interval Ever Outside of the Main Zone, 300 meters East Returns 21.6 g/t Gold and 209 g/t Ag Over 3.0 meters within 64.9 meters of 1.2 g/t Gold

“Core drilling has just returned the highest-grade interval ever outside of the Main Zone, located 300 meters away on an emerging trend.” commented, CEO Brodie Sutherland. “The best part is that it is only meters below the surface allowing us to easily access the area with trenching we have planned in the next phase of exploration.”

Colibri and Partner – Core Drilling Discovers High Grade Gold Mineralization 300 metres East of Main Zone – Returning 21.6 g/t Gold and 209 g/t Silver Over 3.0 metres at the El Pilar Gold-Silver Project

“We are pleased to have discovered high grade gold and silver mineralization along the largely untested North Hill Trend, which lies approximately 300 metres away from the Main Zone Trend. The reported 3.0 metre interval of 21.6 g/t gold, 209 g/t silver, 6.71% lead, and 1.58% zinc (starting 8.3m below surface) among other notable gold and silver intervals in hole JES-25-108 provides further substantial evidence that the gold and silver mineralization at the shared El Pilar project could be expanded significantly and create even more meaningful value for our respective shareholders.”

Goldgroup Begins High-Impact Exploration at Cerro Prieto and New Gold Zones

Mr. Ralph Shearing, CEO, commented, “The upside potential at Cerro Prieto is incredibly exciting, promising substantial expansion and new opportunities for growth. We intend to maximize and optimize this mine to its very best performance. As our foundational asset, Cerro Prieto will remain central to our strategy as we advance toward becoming a leading intermediate gold producer.”

Torex Gold Reports First Copper Concentrate Production from Media Luna

Jody Kuzenko, President and CEO of Torex, stated: “Following almost three years to the day of the release of our feasibility study for the Media Luna Project, we have completed the tie-in period at our processing plant and achieved first production of copper concentrate. This milestone represents substantial completion of the project and the beginning of the next chapter in the evolution and growth of Torex as we become a gold and copper producer.”

Fuerte Metals Hits 6.4 g/t AuEq over 1.9m and 6.2 g/t AuEq over 2.6 m at Its Cristina Project, Chihuahua, Mexico

Tim Warman, Fuerte’s CEO, commented: “These most recent holes were successful in helping to define the geometry of several high-grade zones within the Guadalupe and Mexico Libre vein systems, and refine the geological model ahead of the resource estimate planned for later this year. Several holes also expanded the area of lower-grade, near-surface mineralization in the Guadalupe vein, which could add to the existing open-pit resource above the higher-grade underground zones.”

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