Category: Exploration and Development

J. Duane Poliquin, Chairman of Azucar, stated “The new alteration mineral data further enhances this new focus area for the El Cobre project. We are compiling all data to design a 2022 drill program to explore for a deep porphyry target in this area of the El Cobre Project.”

GR Silver Mining President and CEO, Marcio Fonseca, commented, “The sale of these two Concessions is part of the Company’s strategy to divest non-core concessions acquired in conjunction with the acquisition of the past producer La Trinidad mine. By selling these Concessions, the Company will be eliminating the ongoing concession fee obligations and current liability once approval of the sale is granted.”

Commander is pleased to announce that its project partner Southern Empire ResourcesCorp. has announced that it will be conducting high-resolution, airborne magnetic and radiometric geophysical surveys of the Pedro Gold Project, located in northeastern Durango State, México.In addition, Southern Empire has engaged Sevicios de Ingeneria Ambiental y Seguridad S.A. de C.V. of Durango to complete 2,000 metres of core drilling on the Pedro Gold Project.

James Anderson, Chairman and CEO said: “We are pleased with the results and pace of our initial drilling at El Cubo; our drill program at El Cubo is in-line with our development schedule, and within our expectations for grade and vein width in the Villalpando area.”

Rick Trotman, President and CEO of Barksdale commented: “This is a great follow-up to the initial holes that we announced in mid-October. Not only has the team demonstrated the robust nature of the supergene copper zone but we are now starting to see the results of some of the step out holes that show that Cerro Verde’s footprint still has room to grow.”

Gustavo Gallego, Kootenay’s Chief Geologic Engineer commented, “The B vein system is very promising, like all the targets drilled to date in Columba, drilling has returned excellent values with very interesting widths. We have tested a little more than 200 meters in length of this system and up to 200 meters in depth with drilling. On the surface we did not find high values of silver, however important grades begin approximately 100 meters deep, which gives us confidence that almost the entire epithermal system is preserved from erosion.”

Vizsla President and CEO Michael Konnert commented: “The main Napoleon vein is continuing to grow towards to the south with high grades and wide intercepts. Today’s results including a 100-metre step to the south, increase the overall Napoleon resource area footprint to 1,920 metres which remains open towards Ojo de Agua, a priority zone for future expansion potential.”

“The Parral project continues to deliver great results,” commented Dan Dickson, Chief Executive Officer. “Following limited drilling in 2020 due to the pandemic, it was a priority for our exploration team to re-start the exploration program at Parral this year to expand on the mineral resource estimate we published on the project in early 2020. Our goal is to continue the drill program at Parral in 2022 as we get closer to achieving the scale required to support a positive economic assessment.”

Fabled Silver Gold Corp. announces further results of surface diamond drilling from its upgraded 14,400 -meter drill program on the “Santa Maria” Property in Parral, Mexico.

The initial 14-hole, 3814m drill program intersected multi-phase breccia and stock-work vein systems with significant widths and high grades up to 4210 g/t Ag and 33.1 g/t Au. All assays have now been received and the drill rig moved to the El Cuervo target where drilling is in progress.