Category: Exploration and Development

Akiba Leisman, CEO of Mako states, “these drill results further indicate the potential to expand high grade mineralization in areas where we are currently mining. However, what is particularly exciting about these exploration data is the high-grade reconnaissance exploration program results we are receiving within our 188 square kilometer land package.”

“Infill drilling at Copala continues to highlight excellent precious metals continuity,” commented Michael Konnert, President & CEO. “Our recent infill campaign focused on upgrading resources within the area designated for the first two years of potential production.”

Silver Tiger’s CEO, Glenn Jessome, stated, “As we progress to a PFS in September 2024, this release marks the last of the promising drill results from the PFS Drilling Program” Mr. Jessome further stated, “These results further de-risk the project and, coupled with the advantageous geotechnical and metallurgical results, increase the confidence and size of the El Tigre Project.”

James Anderson, Chairman and CEO, said, “As our consolidation of the Guanajuato Mining Camp continues in step with the ongoing upgrading at our four producing precious metals mines, we would like to provide our investors with an update on the latest initiatives we are implementing as we continue our rapid path of growing Guanajuato Silver into a mid-tier silver producer.”

“We are excited to continue drilling at Plata Verde, particularly with the results from PV-09,” stated Bruce Smith, CEO/President of Radius Gold. “The decision to extend the drill program reflects our commitment to fully explore and unlock the potential of this project.”

Ian McGavney, President & CEO of Colibri commented: “The southwest part of the San Perfecto area is on the books as a priority drill target for Colibri. We are extremely pleased with the results of the recent mapping and sampling at San Perfecto which expanded the area of known mineralization and thereby the scope and potential of our drill target.”

“With Panuco Project 1 now having been defined, the hunt for Project 2 begins,” commented Michael Konnert, President and CEO. “Since our initial discovery at Napoleon, we have completed over 350,000 metres of diamond drilling, made several new discoveries and outlined a robust, high-grade resource base which serves as the foundation for Panuco Project 1, located in the southwest corner of the district. We are now determined to identify the next epicenter of high-grade mineralization in the central and/or east area of the district with the potential to host similar resources to that outlined in Project 1.”

When we completed the initial PEA in December 2023 it was clear there was additional value to be unlocked at Santo Tomas. Upon careful analysis, a staged approach to the mine expansion and a focus on exploiting the higher-grade near surface material in the early years of mining has unlocked a considerable increase in value.”

Greg McKenzie, President and CEO, commented: “We are pleased with the high-grade results within Central Rosarios, now with six intercepts exceeding 1,000 g/t Ag.Eq. It is important to recognize this area was predicted to be blank. The results reported today extend the high-grade mineralization up to 128 m below the Indicated and Inferred Resources identified by SRK and we anticipate the drilling will have a positive impact on future Mineral Resources, both in terms of tonnage and grade.”

Kootenay’s President & CEO, James McDonald states, “It is very exciting to see consistent mineralization over 1,080 meters of strike length in the D-Vein. We continue to step out to the southeast to find the terminus of the D-Vein mineralization.”