Category: Exploration and Development

GoGold Drills 3,034 g/t AgEq over 0.8m and 24.2m of 139 g/t AgEq at El Favor East in Los Ricos North

“The El Favor East zone is truly developing into a significant discovery in Los Ricos North,” said Brad Langille, President and CEO. “We are currently drilling 900 metres to the east of the original discovery hole 48, and we are seeing what appears to be strong mineralization. These results and other pending results may impact on the upcoming initial resource for Los Ricos North.”

Canuc Provides San Javier Exploration Update and Reports on SJ-21-04

“The fourth drill hole (SJ-21-04) is ongoing at a depth which is now in excess of 922 m. This drill hole is located towards the center of the company’s claim group. The detection of chalcopyrite, and some other copper minerals, in veinlets is encouraging as we move through a contact metamorphic environment towards the intrusive source. Also, we observe that the dimensions of the new gold zone first identified earlier this year continue to extend significantly within company claims,” Stated Christopher Berlet, President and CEO of Canuc.

Argonaut Gold Acquires Key Mineral Concessions Surrounding its San Agustin Mine from Fresnillo for US$5.75 Million and More Than Quadruples Mineral Tenure in the San Agustin District

Pete Dougherty, President and CEO stated: “The acquisition of these strategic mineral concessions wrap up the San Agustin district for Argonaut, more than quadrupling our mineral tenure to 5,884 hectares and vastly increasing our exploration potential. As part of the acquisition, we have also acquired four, key mineral concessions immediately adjacent to the San Agustin pit which will allow operations to further expand the open pit, increase mineral reserves and extend mine life.”

Kootenay Silver Reports Best Columba Intercept To Date

Kootenay President and CEO, James McDonald states, “This is a very exciting hit in hole 103 being the best drill hole to date. It indicates the high grades in holes 30 and 60 have continuity and show a vector in which to follow and expand this very high-grade zone. This certainly bolsters our confidence that the JZ area is another area on the property where high grade resource may be put together.”

Riverside Consolidates Tenure at La Union Project and Reports High-Grade Gold, Including 59.4 G/T and 40 G/T Gold from Recent Sampling

Riverside’s President and CEO, John-Mark Staude: “We are excited to complete the acquisition of multiple key pieces of the project area at La Union, including the historic mines of Famosa and Plomito. Riverside is moving forward with growing projects, and generating exploration results at our properties, which continue to demonstrate the value of applying the Riverside property database and local team knowledge to capture and progress excellent mineral projects. The next steps for the La Union district will consist of field work and geophysics, which are expected to refine drilling targets.”

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