Category: Exploration and Development

GR Silver Mining Chairman and CEO, Eric Zaunscherb comments “As designed, surgical infill drilling at Plomosas continues to demonstrate attractive polymetallic grades in the main hydrothermal breccia, where nil grades had previously been assigned for unsampled areas in the August 2021 resource block model.”

Vice President of Exploration Rob Macdonald states: “Drilling over the last 15 months has helped confirm the projection and continuity of new mineralization between the Mina La Bocona and Skarn Front deposits. Work has now started on modelling the data which will be used in an updated Mineral Resource Estimate for the project with the results anticipated in Q1 2023.”

“This agreement allows Prismo to proceed with its drilling permit application, opening the door to a drilling program in early 2023,” said Dr. Craig Gibson President and CEO of the Company.

Colibri Resource Corporation is pleased to report that the Company has resumed exploration at the Evelyn Gold Property. Company geologists have recently mobilized to the property and are currently collecting soil samples.

Chris Wright, Chairman & CEO, commented: “We continue to be encouraged by the expanding envelope of mineralization well outside the limits of the current resource area. The mineralized body encountered by high-grade drill holes DDSA-21-36 & 37 and then further at depth with hole DDSA-22-52 clearly demonstrates the strength of the mineral system and the exploration potential at depth outside of the current resource area.”

“The phase II drill program was successful in expanding the dimensions of the Brazo structure in both strike directions and at depth,” said Mike Romanik, president of Silver Dollar. “Interpretation of the drill results is being integrated with the geophysics and surface work to propose the next steps to expand on the Brazo mineralization and test for similar style mineralization proximal to and around the Coloradito intrusive contact. The drill remains on site and can be mobilized quickly.”

Silver Tiger’s CEO, Glenn Jessome, stated, “These next three wide consistently mineralized high grade holes confirm the new discovery in the El Tigre Vein we first reported in September 2022. Drilling continues on this exploration target under the unmined portion of the Historic El Tigre Mine as we follow this wide high grade along strike to the North.”

Richard Lock, CEO, commented: “The continued confirmation and expansion of the Gradeshell with higher grade, shallow seated mineralization is a positive step in achieving our goal of delineating an economic resource of near-surface mineralization amenable to open-pit mining.”

“Exploration continues outboard of the major resource centers outlined in the March 2022 MRE,” commented Michael Konnert, President and CEO. “La Luisa is one of several newly discovered prospects in the western portion of the Panuco District that hosts significant potential to add resources.”

Aztec CEO, Simon Dyakowski commented, “After the successful RC drilling program earlier this year, the follow-up core drilling at California and nearby targets has successfully expanded the area of known gold mineralization.”