Category: Exploration and Development

“Following the high-grade gold and silver intercepts returned from NRC-21-09 within a wide mineralized structure, it is very encouraging to see drill holes NRC-21-10 and NRC-21-11 continue to cut wide mineralized structures with gold and silver grades which represent high value mineralized material over significant widths. The multiple mineralized bands within the structures are consistent and suggest the possibility of stacked veins within the Candy vein system.”

“After finalizing the long-awaited tunnel extension and ensuring safe access and working conditions for the drill teams, we are pleased to commence this first phase of underground drilling. The objective is to expand the San Marcial mineralized breccia body by stepping out at depth and along strike of the known areas.”

Fabled Silver Gold Corp. is pleased to announce results of underground diamond drilling from the 1,200 meter underground drill program on the “Santa Maria” Property in Parral, Mexico.

Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato, Mexico. Meanwhile, re-commissioning of the Company’s primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant.

“The re-assay of the historical drill core confirms the prior assay results, with intersections of very high-grade material. It also confirms the coarse gold/nugget effect apparent in the deposit, with variances being observed between some of the prior assay results and the current assay results, both higher and lower.”

Mel Herdrick, Sonoro’s VP of Exploration noted, “With this latest round of mapping-sampling information, new priority drill targets have been identified, increasing management’s confidence the next drilling campaign may extend gold mineralization to the south.”

“The column photos of the ore show a distinct change in colour, from gray to yellow-brown as it oxidizes from the heap leach technology. We look forward to monitoring and proving the sulphide heap leach technology is a viable process alternative for Metates.”

Zacatecas Silver Corp. is pleased to report that the drill rig to commence drilling at the highly prospective Panuco silver deposit and San Gill breccia zone has arrived onsite to immediately begin a Phase One 10,000 metre drill program.

Tocvan plans to initiate its next phase of exploration with the start of a trenching program in October of this year. Trenches will be used to better define surface mineralization and provide material for initial bulk sampling. Immediately following trenching a Phase III drill program of a similar scope to Phase II will continue the advancement of the project.

Vizsla President and CEO, Michael Konnert, commented: “The Napoleon Corridor continues to impress with large 500 metre plus step-outs to both the north and south returning high-grade intercepts. Today’s results, not only demonstrate the potential for very high margin mineralization at Panuco but also, and more importantly, serve to further support our exploration model and targeting strategy as we continue to expand the mineralized footprint at Napoleon.”