Category: Exploration and Development

Silver Tiger’s CEO, Glenn Jessome, stated, “Hole 287 delivered high grade mineralization in the black shale horizon 175 meters north of Discovery Hole 202 and a full 75 meters north of where historic mining ended on the Sooy Vein. Drill intercepts on the Sooy, El Tigre and Seitz Kelley Veins continue to pierce quartz veins in the black shale horizon that hosts high grade silver and gold mineralization. Our understanding of these 2 geological units and how they control high grade mineralization allows our drilling to be more focused and predictive.”

“Diamante provides our third opportunity to work again with Saul Ruiz and his team at Green and Ceo to advance the permitting process for our maiden drilling program proposed for the property. The original environmental application for our El Mezquite property attested to their high-quality technical reporting skills and expertise,” stated Greg Davison, Silver Spruce Vice-President Exploration and Director.

“We are very excited about the potential hole 21-CARC-29 has created for the Peñoles Project, as it identified silver-polymetallic mineralization similar to what we’ve seen in the 2013-2014 drill data at the Jesus María Silver deposit. We now believe this style of mineralization has the potential to be expanded underneath the Capitan Hill oxide gold zone.”

The Company has planned a four to five-month exploration program that will include comprehensive mapping and extensive sampling of the concession to define drill targets. A LIDAR survey to obtain detailed topography and identify historic mine prospects and structural trends is also planned for the near future.

The LWIR satellite data and initial interpretation is being conducted by DIRT Exploration of Cape Town, South Africa. LWIR analysis, through proprietary processing of satellite data, has the ability to map or identify, through reflectance spectroscopy against a set of known standards, mineral distribution over large areas covered by vegetation and shallow cover.

Rick Trotman, President and CEO of Barksdale commented, “The drill results continue to demonstrate that the Cerro Verde zone has significant shallow copper mineralization. The final results from the drilling program, which are primarily step-out holes to the west and south, are expected to be released within the next few weeks, at which point we can complete our resource estimation for Cerro Verde.”

Vizsla President and CEO Michael Konnert commented: “These results are an incredible start to 2022 for Vizsla. While drilling the northeast extents of Tajitos we intersected a new, nearly flat lying vein within the Tajitos hanging wall. This new ‘Copala Vein’ is marked by several near-surface high-grade silver and gold intercepts contained within a broad mineralized envelope up to eighty meters wide.”

“We have embarked on the next 100,000 metres of drilling which is primarily focused on continued resource expansion and look forward to many more excellent drilling results such as these at El Favor East. We anticipate that in 2022 we will continue to grow the ounces in the Los Ricos district significantly as we did in 2021.”

Hole SM20-49 was successful, once again, not only in the infill of a drill poor area, intercepting 190.33 g/t Ag Eq silver mineralization over 7.80 meters, but following the vertical down plunge of the Santa Maria footwall breccia structure by -190 meters from hole SM20-47 above which reported 13.10 meters of mineralization and hole SM20-48, 50 meters east and plus 15 meters in elevation which returned 24.50 meters of 110.81 g/t Ag Eq. These intercepts will certainly enhance the silver resources in this area.

“The results from our trench program are very encouraging, especially in regard to defining key material for advanced metallurgical studies and showcasing the surface continuity of gold values.”, commented CEO, Brodie Sutherland.