Alan Pangbourne, President and CEO, commented “the metallurgical results to date confirm that the fresh core samples being tested from Metates will oxidize in a similar fashion to the first column. We are now focusing on optimizing the oxidation rate and achieving sufficient oxidation to achieve the targeted gold and silver recoveries.”
James Anderson, Chairman & CEO said, “Our geological teams are rapidly advancing our understanding of the large volume of mineralized material that remains accessible and available to be mined at Valenciana. With over 400-years of mining history, Valenciana is poised to begin a new chapter of growth, development, and expansion along one of the world’s most productive silver producing geological structures – the Veta Madre.”
“The data clearly shows that San Ramon is a high-priority target showcasing mineralization from surface to a minimum depth of 60-meters, over a 500-meter trend and open in all directions.”, commented CEO, Brodie Sutherland.
Silver Tiger’s CEO, Glenn Jessome, stated, “The wide, high-grade drill intercepts in Drill Hole 395 represent a new deep extension of the El Tigre Vein more than 200 meters below where mining ceased. Drill Hole 395 is the first time we have hit high grade mineralization at this depth and the intercept is 1,000 meters Northwest of previous deep mining on the El Tigre Vein.”
“La Adelita is clearly a very large system, and we are delighted to see such high grades across wide geographic areas. The more work we do, the more we like how our model for the overall mineralization model is developing”
Out of nearly 1500 samples, over 10% report between 1.1 and 32.6 g/t Gold and 6% report between 199 and 14,170 g/t Silver. “Our results from applying modern exploration techniques into the underexplored parts of the historic Batopilas district reinforce our belief that exploration has only scratched the surface in Mexico,” said Jorge Ramiro Monroy, Pres and CEO of Reyna Silver.
“Now in production, we are pleased to have finally begun exploration across our large prospective portfolio covering three countries and 200,000 hectares. Since April, we have been making great strides in advancing our key exploration growth opportunities.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb commented”Our targeted infill drill program at the Plomosas Mine Area is now over 50% complete with the remainder fully funded. We remain on-track to provide an updated mineral resource estimate in Q1|2023.”
“Expansion drilling at Copala continues to increase the known size of this robust near surface vein system with exceptional silver and gold grades,” commented Michael Konnert, President and CEO.
Golden Minerals Company has today provided updates related to ongoing work at several of its Mexican gold-silver mining properties, in advance of the Company’s participation and presentation at the Precious Metals Summit in Beaver Creek, Colorado from September 13-16, 2022.
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