Sierra Madre Provides Update on La Guitarra Progress

Gregory K. Liller, Executive Chairman and Chief Operating Officer commented, “We are very pleased with the progress at La Guitarra since the March 2023 closing of the acquisition from First Majestic Silver. Work towards a new resource estimate in accordance with NI 43-101 is underway, concurrent with evaluating historic cost data that would feed into a Mine Restart Study. On the ground, we are focused on preparing the mine, plant, and equipment for a prompt restart.”

Silver Bull Secures Us$9.5m Litigation Funding To Pursue Damages Claim Against The Mexican Government

Silver Bull’s CEO, Mr. Tim Barry commented, “Whilst it had been Silver Bull’s intention to continue developing the Sierra Mojada Project, an illegal blockade by a small group of local miners trying to extort and force an underserved royalty payment from the Company began in September 2019 and continues to this day. Despite numerous requests to the Mexican Government to uphold the law and end the illegal blockade, the Government failed to act, preventing Silver Bull from accessing the site for over four years and preventing the Company from conducting its lawful business in Mexico. The direct actions and inactions by the Mexican Government has driven away investors from the project and resulted in the expropriation of the Sierra Mojada project.”

Barksdale Receives Positive Court Ruling

Rick Trotman, President and CEO of Barksdale, states, “We are thrilled that the Judge ruled in our favor and denied the Plaintiff’s request for a preliminary injunction that would have prevented us from drilling at Sunnyside. It is our expectation that mobilization will begin on September 15 and drilling will commence shortly thereafter. We look forward to tackling the Phase I Sunnyside drilling program of ~16,000 meters (50,000 feet) in accordance with our rigorous permitting guidelines.”

Chesapeake Announces Metallurgical Testwork Update

Alan Pangbourne, CEO, commented, “We are very encouraged with the latest results from this phase of metallurgical testwork. A systematic, methodological approach individually testing several parameters under different conditions is being undertaken in 42 columns. The results have identified certain parameters that provide the conditions where the leach technology oxidizes mineralization at a faster rate than our previous testwork. Under these conditions, we believe the targeted oxidation curve will be achieved and provide the foundation for preparing the pre-feasibility study early next year.”

Vortex Metals Completes Environmental Study at Zaachila Copper Project

Vikas Ranjan, Chief Executive Officer of VMS, expressed his satisfaction, stating, “The completion of the environmental study at the Zaachila project underscores Vortex’s commitment to responsible exploration and environmental stewardship. With the endorsement of local stakeholders, this achievement brings us closer to realizing the full potential of the project through the potential discovery of high-grade copper targets, and further solidifies our dedication to sustainable practices.”

Heliostar Drills 33m Grading 16.4 g/t Gold and 9.5m Grading 25.6 g/t gold, Expands High Grade Panel at Ana Paula

Heliostar CEO, Charles Funk, commented, “The Ana Paula project continues to deliver exceptional results. Drill results are exceeding expectations at every point. The widths of the intercepts, the consistency in the grades, and the improvements in drill intersections over the PFS resource continue to be impressive. As we better define the limits of the High Grade Panel, today from the down-plunge target area, we believe that there is a clearly significant potential for an increase in total ounces and grade in the upcoming resource update.”

Prime Releases High-Grade Drill Results from Two New Generative Targets at Los Reyes

Scott Smith, Executive Vice President of Exploration added, “We are successfully executing a two-pronged approach to exploration: firstly, drilling resource expansions at Z-T, Central and Guadalupe Zones, the three areas that form our current mineral resource estimate, and secondly, exploring a growing number of new, generative targets.”

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