Category: Exploration and Development

Heliostar CEO, Charles Funk, commented: “We started getting excited to drill at Cumaro as soon as we made the Verde discovery in September. We increased the size of the program to 5,000 metres, based on the number of targets at our two main areas of focus. The Verde discovery is our highest priority target in Mexico, where we will drill beneath many high-grade channel sample intercepts. We will also test the concept that the eastern half of Cumaro is a down-thrown block.”

Peter J. Hawley, CEO and President, remarks, “Planned definition hole SM20-43 was designed to fill in a drill poor gap in the past resource area. Of interest to note is the lack of or decrease of gold values found in drilling to the east.

“The results from our early operations at the Santana project continue to impress,” stated Darren Koningen, CEO. “Metallurgical extractions have been outstanding to date and despite challenges the build up in gold inventories on the leach pads has exceeded our early expectations.”

James McDonald, President and CEO remarked “The large strike continuity of the veins and mineralization indicate to us Copalito has good potential for the discovery of a large resource. Also impressive are the high gold, lead and zinc grades in numerous holes that add to this potential.”

Dan Dickson, CEO, commented, “We continue to see exceptional drilling results within the El Curso and the Santa Cruz Sur systems at our Guanacevi silver mine. We have been operating at Guanacevi for more than 15 years and these encouraging results support our view that we can continue to extend the mine life.”

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

“The discovery of wide zones of high grade silver mineralization in the Black Shale unit of the Flat Formation surrounding the high grade quartz silver veins in the Sooy Vein, the Seitz Kelly Vein and now the Benjamin Vein located kilometers from each other is a game changing development at El Tigre.”

Mr. John Theobald, President & CEO of Silverton, comments, “I am pleased to have successfully concluded a three-year access agreement for Pluton. The district is a major hydrothermal system with excellent potential to locate high-grade silver-zinc manto-chimney deposits similar to those mined in the historic Ojuela Mine and the nearby Platosa mine, which is Mexico’s highest-grade silver mine with a silver equivalent grade of over 1,000g/t.”

GR Silver Mining President and CEO, Marcio Fonseca commented “The first drill results from our Loma Dorada target provide significant encouragement for us to continue prospecting in this area, with the objective of defining new high-grade zones within our Plomosas Project.”

“We have receipt of flight data from our LiDAR survey and are updating the Pino de Plata technical database while negotiations remain ongoing for an access agreement with the landowner to allow drilling on several highly promising silver targets,” said Greg Davison, Silver Spruce Vice-President Exploration and Director.