Ron Goguen, President & CEO of Colibri commented, “Our compilation and interpretation of exploration data covering our “EP” project, consisting of our Evelyn property and the newly acquired Plomo property, has provided the Company with a strong foundation for continued exploration.”
VP Exploration Rob Macdonald stated: “Southern is very encouraged by the results from this most recent metallurgical test program on the CLM Project which will allow the incorporation of +70% recoveries of gold from both oxide and sulphide mineralization into the process flowsheet.”
The initial stage of the planned RC drill program is expected to commence in the 3rd quarter of 2023 utilizing information gathered during the surface roadcut sampling and detailed 1:200 scale geologic mapping program conducted in the first quarter of 2023.
The 2023 Camino Rojo Sulphides infill and deep extension drill programs continue to generate excellent gold intersections, including massive sulphide replacement style mineralization below the current resource. These results are exciting as they enhance future development opportunity scenarios and provide resource growth potential at depth.”
Following the completion of the Plomosas mine acquisition, the Company immediately commenced an extensive program at site to revitalize and upgrade operations and equipment, and bring on new technical and supervisory staff. Planned upgrades will allow for an expansion of production and an aggressive exploration program has been prepared to potentially grow the size of the existing resource.
“We are excited to initiate our maiden drill program at our Jemi Project. We have de-risked this Project from both ESG and technical aspects, and our next step is to confirm our geological models through drilling.”
“Engaging local stakeholders is always our priority, and we look forward to working with the Peña community to advance the Nora project responsibly and respectfully,” said Michael Romanik, president of Silver Dollar.
Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “Today’s exciting results from Z-T are significant as they further demonstrate high-grade mineralization at depth, and open significant potential for mineralization in these currently untested gaps. These are among the highest grades and deepest intercepts we have encountered at Z-T to date.”
Dr. Craig Gibson, President and CEO commented: “Prismo is in the very enviable position of having three fully funded drilling campaigns this year, thanks to our strong liquidity position. Drilling is currently underway at our Palos Verdes silver project, drilling will commence shortly at our Los Pavitos gold project and we expect to be drilling our Hot Breccia copper project in the third quarter.”
“The 2023 drilling campaign is returning positive results and has further confirmed that the program is on the right track to deliver higher grade resources into the near- and mid-term mine plan,” stated Allen Palmiere, President and CEO for the Company.
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