Three companies released drilling results during the week. Torex Gold reported up to 14 m averaging close to an ounce of gold per tonne, on drilling of the early stage Media Luna West target close to the Media Luna and EPO deposits, at the Media Luna project in Guerrero. It is hosted within the Mesozoic carbonate-rich Morelos Platform, overlayed by Cuautla and Mezcala formation, intruded by Paleocene stocks, sills, and dykes of granodioritic to tonalitic composition. The skarn mineralization is characterized by pyroxene, garnet, and magnetite. “Metal deposition and sulfidation occurred during retrograde alteration ….. comprising amphibole, phlogopite, chlorite, and calcite ± quartz ± epidote as well as variable amounts of magnetite and sulfides, primarily pyrrhotite. The style of mineralization at Media Luna West is characterized by gold with locally high silver and copper grades. Given that gold precipitates due to the buffer exerted by the early stage of calcsilicate alteration and sulfide mineralization, it is free and generally dissociated from the previous copper event mainly related to chalcopyrite.”

Endeavour Silver’s drilling at the Bolañitos property in Guanajuato is focused in the El Puertecito and Fortuna veins, part of the low sulfidation epithermal mineralization system present at the property, The veins are near historic workings and “provide opportunities to increase resources, replace reserves and extend mine life.”

At Panuco, in Sinaloa, Vizsla Silver continues to intercept low to intermediate epithermal mineralization outside the defined resource, with the current expansion drilling results coming from the Copala and Copala 2 veins.