“These age-date results are proof of our concept that our properties are part of a continuous belt of caldera systems that have shown exceptional potential for hosting bonanza grade Au-Ag epithermal deposits,” said David Jones, Exploration Manager and Director of Madoro Metals.
“These are the first holes drilled at Mololoa which show a vein structure with high grades of silver and gold that we believe will add additional ounces and grade to the upcoming initial resource at Los Ricos North,” said Brad Langille, President and CEO. “We encountered numerous old workings while drilling Mololoa and will attempt to drill below the level of the old workings, so we are able to see the full extent of the intact mineralized zone.”
Heliostar CEO, Charles Funk, commented: “Heliostar considers each of its projects in Mexico to be a potential company maker and these results from Cumaro are a significant step towards this goal. These veins trend from a historic mine on SilverCrest Metals’ claims to the west and extend onto Heliostar’s ground, where they have never been drilled. Returning so many high-grade hits on surface over a broad area is very positive. The company continues detailed sampling in the eastern half of the claims to finalize a maiden drill program at Cumaro.”
Benjamin Hill Mining Corp. is pleased to announce their inaugural drill program for their never before drilled Sonora Gold property in the Caborca Gold belt of Sonora Mexico. The program consists of 80 strategic drill holes targeting the main mineralized structures in the Caracahui, Caracahui North, Sonora Copper, La Salada and Antenas exploration areas.
“The latest drilling identified more and thicker intervals, the best assays to date and significant low-grade multi-metal haloes which point to the importance of the structural targets generated from the geological data compilation. Many of these targets remain to be drilled in a proposed Phase 2 program.”
Lorne Warner, Tarachi VP of Exploration commented: “Tarachi’s geological team had anticipated the diamond drilling would locate an extensive hydrothermal system after review of our previous drilling program and the system remains open along strike. Regionally these hydrothermal systems which are related to porphyry type deposits and breccia pipes are known to occur in the area.”
“For the past several months, Durango has been hard at work preparing its flagship Claudia Project for a 10,000-meter drill program,” said Durango’s CEO Fernando Berdegué. “We’re excited to announce drilling has now commenced, marking a major step forward for the company.”
Sergio Trelles-Monge, Special Geological Advisor in Mexico for Benjamin Mining Corp. states: “Caracahui is the central part of our property, and we’re always happy to see the expansion of the widths and lengths of disseminated and concentrated mineralization. Work is still taking place to produce more exploration targets, and thanks to the great work of our field team, magnificent results like the recent assays have been achieved.”
“The PEA really highlights the intrinsic value and potential economic viability of the Cerro Caliche project,” said Mel Herdrick, VP Exploration of Sonoro Gold. “Considering only 30% of the mapped mineralized zones have been drilled and assayed to date, I believe the PEA also justifies resuming drilling this fall to continue expanding and categorizing the project’s oxide gold mineralization.”
Canasil President and CEO, Bahman Yamini, commented: “The 2021 follow up drill program on the Candy vein at Nora continues to return exceptional results – drill hole NRC-21-12 is at the deepest level tested so far, alongside NRC-21-09 and NRC-21-10, yet still interpreted to be in the higher levels of the mineralized system at only 200 m below surface.”
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