Category: Exploration and Development

Sailfish Royalty Corp. is pleased to announce the results from the recent exploration work conducted on the Company’s 100% owned Gavilanes Silver Project located approximately 31 kilometers away from First Majestic’s San Dimas operation in Durango State, Mexico.

Silver Viper’s President and CEO Steve Cope states, “The ongoing exploration program is showing the potential to host significant mineralization at many locations within the Property. We look forward to testing a number of the preferred targets with the anticipation that additional discoveries will materialize”.

Silver Tiger’s CEO, Glenn Jessome, stated, “Our drilling continues to intercept wide high grade silver values in the Shale Horizon around the various quartz veins at El Tigre. These results in the Shale Horizon at the Seitz Kelly Vein are approximately 2 kilometers south of the Shale Horizon intercepts at the Benjamin Vein reported in the Company’s last press release in mid-November.”

Richard Lock, Oroco’s CEO, commented: “We are very pleased with the results of the first 43 drill holes of our 2021-2022 North Zone drill program. They have confirmed and expanded the higher-grade, near-surface mineralization amenable to early-year open-pit mining.”

Chief Executive Officer, Daniel Kunz commented, “This drilling served two purposes – to continue to grow the Resource pits by discovering high-grade extensions along strike and down dip through step-out drilling and to confirm the confidence in our upcoming Resource report through infill drilling. These results support our view that the Z-T area current resource pits are merging into a more continuous single pit.”

Every 2022 drill hole, except one, of the 29 drill holes successfully completed out of 31 attempted in 2022 at the California and the adjoining California Norte targets has intersected near surface, oxidized gold mineralization with minor copper values.

Regency Silver Corp. is pleased to announce that the drill has arrived on site and drilling will recommence this week at its flagship Dios Padre Property in Sonora, Mexico. The drill program is being supervised at site by Regency Silver Executive Chairman, Bruce Bragagnolo, and Director, Michael Tucker, P. Geo.

Shawn Howarth, President and CEO commented, “Excellon has a long history of operational excellence in Mexico. The acquisition of La Negra will be transformational for Excellon, with the goal of returning the Company to producer status on an accelerated timeline.”

The Company has been mining the Avino Vein by modern bulk mining methods to a depth of 483 metres. This drilling shows the Avino Vein to extend a further 315 metres downdip.

Bendito Resources Inc. is pleased to announce that drilling at the Alacrán project, located in Sonora, Mexico, is scheduled to commence on Monday, January 9th, 2023. The Company has selected Globexplore Drilling S.A. de C.V. (also located in Sonora, Mexico), to perform an approximate 2,000-meter reverse circulation drilling campaign over the next 6-8 weeks.