Category: Exploration and Development

“The Napoleon Vein was the first major discovery made by Vizsla at Panuco in 2020,” commented Michael Konnert, President and CEO. “We have now expanded the mineralized footprint of Napoleon area to over two and a half kilometres along strike and outlined a resource of 41.3 million ounces AgEq Indicated and 28.7 million ounces AgEq Inferred.”

“These results far surpass our expectations and provide us with new insight on the optimization of gold and silver recovery at Pilar” stated Brodie Sutherland, CEO. “To have such a large percentage of the gold and silver free and accessible for multiple recovery methods allows us to evaluate the most efficient ways to develop the project.”

Ian McGavney, COO of Colibri commented,“We continue to be enthusiastic about the Plomo acquisition and the potential for discovery on the combined Evelyn-Plomo (“EP”) property holdings. By combining and interpreting the respective data sets we have significantly advanced our geological understanding and our exploration model.”

“The first 26 drill holes in the newly discovered Sulphide Zone indicate wide zones of high-grade mineralization varying from 10 meters up to 50 meters with grades from 300 grams per ton to over 1 kilogram per ton silver equivalent. This adds the potential for underground bulk tonnage at exceptional grades.”

“We are very pleased to see such consistent and high-grade gold results emerge from our first detailed sampling program at Pavitos,” said Dr. Craig Gibson, President and CEO of the Company.

Richard Lock, Oroco’s CEO, commented: “I am very pleased to say that the overall Santo Tomas 2022-2023 drilling program has validated my decision to join Oroco approximately one year ago. The project is clearly meeting my expectations as a highly attractive acquisition target and I look forward to this assessment being further substantiated with the upcoming release of an updated Mineral Resource Estimate and the Preliminary Economic Assessment which will follow.”

“We continue to be impressed with the results which we’re seeing from Los Ricos South, particularly in the Eagle deposit. Hole 126 is a great example of why we believe this deposit is so special – as it has excellent grades over wide intercepts,” said Brad Langille, President and CEO.

Vice President of Exploration, Rob Macdonald stated “ This latest resource update represents one more step in the continued evolution of the Cerro La Minitas project through the identification of further shallow, high-grade mineralization which is accretive to the existing mineral resources on the property and adjacent to the planned project infrastructure.”

Tony Makuch, CEO, states: “Our recent Pre-Feasibility Study outlined the potential for Cordero to become a top three primary silver mine globally based on average annual production of 33 Moz AgEq over an 18-year mine life. Our follow up drilling since this study demonstrates there is further growth potential still to be realized within our upcoming Feasibility Study.”

Bruce Smith, President and CEO, comments: “Tropico has every indication for the potential to make a great discovery. Located within sight of Fresnillo, the worlds largest epithermal silver deposit, within the same host rocks. Our team have located and secured a gold rich breccia pipe of significant scale, rimmed by sinter and yet to be drill tested.”