Category: Exploration and Development

Infinitum Copper Announces Start of Drilling At La Adelita

“Historic drilling has demonstrated that the mineralised body at Cerro Grande has significant vertical extent. The current drill program has the potential to extend the north south strike to over 500 metres while drilling on the western flank could demonstrate mineralisation 700m away from the 2022 high grade drill holes. We want to show that it’s high grade and large” stated Matt Hudson, CEO of Infinitum Copper.

Prime Drills New Multiple Wide, High-Grade Intercepts in Z-T Area Including Bonanza-Grade Intervals

Prime Mining Corp. Chief Executive Officer Daniel Kunz commented, “These results are from step out drill holes designed to test for and expand mineralization at depth below the Z-T resource pit shell. The width and grades of the drilling results released today continue to identify new potential mill feed extending the mineralization up to 100 m vertically below the recently reported resource pit bottom and spanning a 500 m strike length.”

Discovery Intercepts 197 g/t AgEq over 41 m in Feasibility Study Drilling at Cordero

Tony Makuch, CEO, states: “Our Feasibility Study drilling continues to demonstrate the potential to grow reserves at Cordero whilst building further confidence in the underlying resource model. This drill program is nearing completion upon which drilling will then focus on testing multiple highly prospective targets identified by our extensive field programs that have been ongoing since 2021.”

Avino Vein Extended a Further 500 Metres

“The ET area drilling builds on results from our 2022 drill program as well as the January 2023 drill results as we continue to extend the area of mineralization below Level 17,” said David Wolfin, President and CEO. “We drilled 500 metres below our current mine workings to confirm the continuity of mineralization. As we have come to expect with the Avino Vein, the drill intercept widths suggest that this area will be able to be mined by our existing low-cost bulk methods.”

Heliostar Drills 53.2 m Grading 11.0 g/t gold and 44.5 m Grading 11.0 g/t gold at Ana Paula Project, Mexico

Heliostar CEO, Charles Funk, commented, “We are thrilled with the first holes at Ana Paula. Drill results like this are rare anywhere in the world. Ana Paula’s high grade and consistently wide intervals of gold mineralization demonstrate the underground mine potential. Heliostar will continue the 16-24 hole program designed to increase the Ana Paula resource, with a focus on infill and expansion of the High Grade Panel. Both holes exceeded expectations based on the current resource model.”

Colibri Defines A Strong Soil Anomaly Along Strike Of The Main Zone At Evelyn Property

Ron Goguen, President & CEO of Colibri commented, “SGH is a soil geochemistry exploration method that has been successfully used for the detection of precious and base metal mineralization buried under glacial sediments in the Abitibi region of Quebec and Ontario. We are very pleased to have applied this method and generated such a high quality target at the Main Zone on our EP project in the Sonoran Desert.”

Guanajuato Silver Drills 4.89 metres True Width of 359 g/t AgEq at San Ignacio

James Anderson, Chairman and CEO said, “San Ignacio is a key and growing component of Valenciana Mines Complex production. Unlike the other mines within our portfolio, San Ignacio is a relatively new mine, having opened in 2012. With the average lifespan of a mine within the Guanajuato Mining District measured in centuries, we see tremendous potential for San Ignacio as demonstrated with the current round of high-grade drill results…”

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