Category: Exploration and Development

Because of poor recovery before and after, only the 1.3 metres from 4.2 to 5.5 metres depth was sampled which returned 846.0 g/t silver.

Greg McKenzie, President & CEO commented “We are honoured to partner with First Majestic in the acquisition of La Parrilla, their first producing silver mine, which has produced 34.3 million oz of Ag.Eq under their ownership. Over the past two years we have evaluated several opportunities for growth in the silver space and La Parrilla is a great opportunity.”

J Duane Poliquin, Chairman of Almadex commented, “Our projects portfolio is the result of years of effort and invested intellectual capital. We have a track record of discoveries, and we feel the varied and exciting projects in our portfolio have the potential to add to that record. We are following up these exciting results with further drilling which we look forward to reporting on.”

Colibri Resource Corporation is pleased to report that the Company recently re-commenced Phase 2 exploration drilling at the Evelyn Gold Property having received its exploration permit from SEMERNAT (Mexican environmental authority).

Alberto Orozco, CEO of Capitan Mining stated: “Consolidating the high-grade silver trend at Cruz de Plata has been one of our top priorities for Capitan Mining. We are pleased and very excited to announce that we have established a dominant land position in what we strongly believe will one day be recognized as a significant high-grade silver system in Durango, Mexico.”

“We expect to announce expanded resources from both El Limón Sur Deep and Sub-Sill South when year-end 2022 mineral reserves and resources are published in March. Infill drilling planned for 2023 will be aimed at bringing these underground mineral resources into reserves.”

“The drill program was successful in extending the mineralization to depth below the shallow drill holes completed previously and provided important information on the distribution of metal values,” stated Craig Gibson, President and CEO of the Company.

“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 to over two and a half kilometres long and outlined an initial Napoleon Area resource of 36 million ounces AgEq Indicated and 17 million ounces AgEq Inferred.”

Aztec Minerals Corp. announces that it continued to intersect gold mineralization extending the California Zone to the North and to depth with initial Au assay results for the final three core holes from the recently completed Phase 3 core drilling program at the Cervantes Project in Sonora, Mexico.

“Drilling continues to expand the size of the newly acquired Eagle zone and continues to confirm high grade wide intercepts in the Main deposit,” said Brad Langille, President and CEO. “These results further confirm that both the Main zone and the Eagle are developing into bulk mineable high grade deposits which should significantly increase the value of Los Ricos South.”