Only two companies working in Mexico released drilling results on the fourth week of January, both displaying really good intercepts. GoGold Resources announced the best drill results to come from its Los Ricos South project in Jalisco, with 55.00 m averaging 7.80 gpt Au, 2,153 gpt Ag, or 2,738 gpt AgEq (including 2.0 m @ 145 gpt Au, 52,764 gpt Ag – that’s 5.3% Ag!). This drill hole is in the 1,107 hectares Eagle concession, representing the northern extension to the mineral resource estimate described on the project’s PEA. The epithermal mineralization in the area straddles characteristics between low to intermediate sulfidation systems.

Silver Tiger Metals released drilling results from its El Tigre project in Sonora. The historic workings focused on intermediate sulfidation epithermal veins, but the more recent drilling has defined mineralized bodies in stockwork, a black shale with precious metal values and, on this last release, on a “Sulfide zone” carrying high silver, copper, lead and zinc over tens of meters of core length intervals. The best reported interval on this week’s disclosure is 44.40 m @ 508 gpt Ag, 0.16 gpt Au, 0.55% Cu, 1.76% Pb, 3.17% Zn, or 720 gpt AgEq.