Category: Exploration and Development

“The recent discovery of a significant exposed gold mineralization system located within our greater Santa Rita concession area is extremely exciting and confirms our belief that the areas surrounding the Cerro de Oro project area are prime targets for the development of additional gold resources,” said Darren Koningen, CEO of Minera Alamos.

The second hole is directed at a shallow angle to the north and has been designed to intersect the high chargeability anomaly at depth, as well as a zone of circular concentric fracturing interpreted to represent an intrusive centre, all within the lithocap alteration footprint.

Orex’s President & CEO, Ben Whiting, P.Geo., states: “It is always exciting to start a new phase of exploration and diamond drilling is one of the most important steps. We and our joint venture partners look forward to advancing the Sandra Silver-Gold Project.”

GR Silver Mining Chairman and CEO, Eric Zaunscherb commented, “Our primary focus remains on delivering updated mineral resource estimates for the San Marcial and Plomosas Mine Areas in Q1|23. We cannot, however, ignore the rich potential of the wholly owned, 432 km2 Plomosas Project in its entirety, with several strong regional, northwest-trending structures that remain untested over a combined 75 km strike length. The results released today are an indicator of the potential of the project’s pipeline targets, which we will reveal going forward.”

“Our intention is to add additional silver and gold concentrate production through an independent gravity separation circuit. This will allow us to expand overall production at El Cubo without interfering with the regular flow of material through our processing facility.”

“We are excited for this next stage of drilling at Pilar, as we feel the potential to expand the known areas of mineralization is very significant,” commented Brodie Sutherland, CEO. “All of these targets have compelling surface geochemistry that warrant further evaluation. Information collected here will be instrumental to the next steps of development as we look to utilize substantial funding to fully unlock the potential of Pilar.”

“The Copala Vein continues to exceed our expectations, delivering excellent precious metal grades over very large widths,” commented Michael Konnert, President and CEO.

VANCOUVER, BC, June 21, 2022 /PRNewswire/ – Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) (“Mako” or the “Company”) is pleased to report additional high-grade drill results from an area beginning

“While the surface discussions were ongoing the Company was able to complete the bulk of the engineering work required for the project development and can now move quickly to pull together the final submission of our permit applications for a new gold mine to be constructed at Cerro de Oro,” stated Darren Koningen, CEO.

“Our first two targets, Pillado and La Prieta, exhibit multiple vein, breccia, disseminated and manto-style mineralization, locally with fault controls parallel to and intersecting high grade polymetallic, silver-gold and base metal-bearing occurrences with historical artisanal mining. Importantly, despite the number and quality of known mineralization targets, there is no recorded historical drilling on Diamante to date,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.