Vancouver, Canada – January 26, 2022 – Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF), announces that the Aztec-Kootenay JV has completed the first 14 holes totaling 2,810.6 metres (m) of the current 5,000 m, 22-hole Phase 2 reverse circulation (RC) drill program at the Cervantes Property in Sonora, Mexico. Drilling commenced in December 2021, took a Christmas break, and resumed in January. Drill samples were shipped to the Bureau Veritas Minerals laboratory in Hermosillo for geochemical analysis and results are anticipated in the next several weeks.
Month: January 2022
Osisko Announces Agreement to Acquire a Metals Stream on the High-Grade Trixie Mine in Utah’s Historic Tintic Mining District
MONTREAL, Jan. 25, 2022 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Corporation” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that its wholly-owned subsidiary, Osisko Bermuda Limited (“OBL”) has signed a non-binding term sheet with Osisko Utah LLC, a wholly-owned subsidiary of Osisko Development Corp. (collectively “ODV”) (ODV: TSX-V), with respect to a US$20-40 million metals stream (the “Stream”) to facilitate ODV’s acquisition of the high-grade Trixie Mine (the “Trixie Mine”), as well as mineral claims covering more than 17,000 acres in Central Utah’s historic Tintic Mining District (the “Tintic Property”). ODV announced today that it has agreed to acquire a 100% interest in the Trixie Mine and Tintic Property through the acquisition, directly and indirectly, of all of the shares in the capital of Tintic Consolidated Metals LLC (“Tintic”) from IG Tintic LLC and Ruby Hollow LLC (the “Acquisition Transaction”).
Commander Partner Southern Empire Resources Initiates Drilling at Pedro Gold Project, Durango, MX
Commander is pleased to announce that its project partner Southern Empire Resources Corp. (“Southern Empire”) has announced that it has initiated a drill program on the Pedro Gold Project, located in northeastern Durango State, México. The drill program is expected to comprise up to 2,000 metres in 6 to 9 holes.
Southern Silver Identifies New Discovery on the El Sol Claim with 3.5 Metres Averaging 549g/t Ag, 0.3g/t Au, 8.6%Pb and 3.6%Zn (982g/t AgEq); Drilling Resumes
Vancouver, British Columbia–(Newsfile Corp. – January 25, 2022) – Southern Silver Exploration Corp. (TSXV: SSV) (“Southern Silver”) reported today that drilling has identified a new high-grade mineral discovery on the El Sol concession, located within the Cerro Las Minitas project area, Durango, Mexico.
Silverton Metals Corp: Pluton Silver-Zinc Project Geophysical Modelling Completed and Commencement of Seismic Survey, Durango, Mexico
Vancouver, British Columbia–(Newsfile Corp. – January 25, 2022) – Silverton Metals Corp. (TSXV: SVTN) (OTCQB: SVTNF) (“Silverton” or the “Company”) is pleased to announce the completion of geophysical 3D modelling of airborne electromagnetic data (“ZTEM” Z-Tipper Axis Electromagnetic) and the commencement of a Seismic Survey profile at its 100% owned Pluton silver-zinc-lead project in the state of Durango, Mexico.
Southern Empire Starts Core Drill Program at Pedro Gold Project, Mexico
VANCOUVER, BC / ACCESSWIRE / January 25, 2022 / Southern Empire Resources Corp. (Southern Empire)(TSXV:SMP)(Frankfurt:5RE)(OTCQB:SMPEF) has started its first core drilling program on the Pedro Gold Project, located in northeastern Durango State, México.
Equinox Gold Provides 2022 Guidance: Production Increasing to 625,000 to 710,000 Ounces of Gold
Equinox Gold Corp. (TSX: EQX, NYSE American: EQX) (“Equinox Gold” or the “Company”) announces 2022 production guidance of 625,000 to 710,000 ounces of gold, increasing from 2021 production of 602,100 ounces of gold. Cost guidance includes cash costs1 of $1,080 to $1,140 per ounce and all-in-sustaining costs1,2 (“AISC”) of $1,330 to $1,415 per ounce of gold sold. Guidance does not include production from the Mercedes Mine as the previously announced sale is expected to close around the end of the first quarter of 2022. Equinox Gold’s Chairman, Ross Beaty, and CEO, Christian Milau, will host a corporate update today starting at 7:30 am PT (10:30 am ET). Further details are provided at the end of this news release.
SilverCrest’s Las Chispas Construction Update – Tracking Ahead of Schedule and On Budget
VANCOUVER, BC – January 25, 2022 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to provide an update on construction activities at the Company’s Las Chispas Project (“Las Chispas” or the “Project”) located in Sonora, Mexico. All currency amounts herein are presented in United States Dollars, unless otherwise stated.
Silver Tiger Metals Intersects 3,083.4 g/t AgEq over 0.5 meters within a Broader Interval of 6.6 meters Grading 345.1 g/t AgEq in the Sooy Vein
HALIFAX, NS / ACCESSWIRE / January 25, 2022 / Silver Tiger Metals Inc. (TSXV:SLVR) (OTCQX:SLVTF) (“Silver Tiger” or the “Corporation”) has intersected 3,083.4 g/t silver equivalent over 0.5 meters in the Sooy Vein in Drill Hole ET-21-287 from 105.2 meters to 105.7 meters within a broader mineralized interval of 6.6 meters 345.1 g/t silver equivalent from 104.6 meters to 111.2 meters.
Altaley Mining Reports C$19.9 Million Net Revenue on a Preliminary Basis for Q4 2021 at Campo Morado
Vancouver, British Columbia–(Newsfile Corp. – January 25, 2022) – Altaley Mining Corporation (TSXV: ATLY) (OTCQX: ATLYF) (FSE: TSGA) (“Altaley” or the “Company” is pleased to provide shareholders the preliminary production results and cost estimates for the quarter ended December 31, 2021 (“Q4 2021“) from its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated.