Category: Exploration and Development

“Exploration work in the Copalquin District has advanced significantly to map and define numerous targets within this 70km2 historic mining district. Since the publication of the high-grade maiden JORC MRE for El Refugio-La Soledad in November 2021, we have completed dry season mapping and soil sampling programs, greatly expanding the near-term drill targets in the district beyond the maiden JORC resource area.”

Southern Silver Exploration Corp. reported today that drilling continues to develop continuity within and extend silver-polymetallic mineralization on the North Felsite and El Sol Targets on the Cerro Las Minitas project, Durango, Mexico.

“Our successful Phase I drilling has provided us with several new follow-up targets well outside the historic resource area. Assays from hole 8, which is approximately 1 kilometre west of the Main Mineralized Trend, are some of the best results ever reported from the Coloradito area,” said Mike Romanik, president of Silver Dollar. “Phase II drilling continues, and we have encountered similar sulphide mineralization over even broader widths and will expand the program as analytical results dictate.”

Orex’s President & CEO, Ben Whiting, P.Geo., states: “It is good to start a new phase of exploration on this target rich precious metals property. We also appreciate this opportunity to work with our talented joint venture partners to advance the Sandra Project.”

“With only 9 holes reported to date, assay results are showing excellent continuity of the Jesus María vein and further definition of the Gully Fault zone. We have also identified new veins and mineralized zones in the footwall of the Jesús María vein, which we feel, demonstrates the significant potential to expanding this compelling silver opportunity at our Cruz de Plata project.”

Daniel Kunz, Prime’s Chief Executive Officer, commented: “Connecting open pit mineralization from Zapote North to Mariposa is an important development for the evolving Z-T Structure. This drilling has identified higher grade ore shoots of potentially open-pit mineable material with a focus on exploring the down dip extensions within known boiling zone elevations.”

GR Silver Mining Ltd. announces wide and high-grade silver results from its surface infill drilling program at the Plomosas Project in Sinaloa State, Mexico. These Ag-rich drilling results are part of the Phase I surface infill drilling program initiated in December 2021 at the Plomosas Mine Area, targeting intervals on the upper levels of the historical Plomosas underground mine where unsampled intervals of historical drill holes within the mineralized zone were assigned zero values, and hence affected the grade of model blocks, in the 2021 NI 43-101 mineral resource estimation.

With our drilling permit now in hand, Silver Spruce, along with our partner Colibri Resource Corp., look forward to awarding contracts for the initial 2,000 metres of reverse circulation (R/C) drilling on the first-priority targets at La Prieta, Calton, Pillado and Aguaje with El Chon-El Chon Oeste and Mezquite Raizudo next in line.

“The Au-As-Sb-Hg-Tl-Te geochemical suite associated with strong orpiment (As2S3) and realgar (AsS) mineralization observed in the Pedro drill core is, in part, indicative of Carlin-style gold deposits,” commented Dave Tupper, VP Exploration for Southern Empire. “When you also consider the lithology, stratigraphic and extensional tectonic geological setting of the Pedro Gold Project, the probability that the Pedro prospect is a Carlin-style gold occurrence becomes compelling.”

Alan Pangbourne, President & CEO, commented: “We are very pleased to report the final holes from the drilling campaign, including excellent results such as hole CKG22-094 with 357 metres of 1.43 g/t AuEq. The results support our belief that the intrusive continues to be materially higher grade than previously modeled which should have a very positive impact on the new resource estimate, mine plan and upcoming pre-feasibility study.”