Mexico’s Best Drilling Intercepts, Fourth Week of May 2024

Four companies released results from drilling programs in Mexico during the week. The four projects present epithermal low or intermediate sulfidation mineralization, mostly structurally controlled, with dissemination developed on the favorable El Tigre Formation at El Tigre.

Silver Tiger’s results from El Tigre project in Sonora display the highest gold and silver results on the period. The company released assays from 95 holes from the drilling program for the ongoing pre-feasibility study (PFS) on the Stockwork deposit, highlighting the high-grade mineralization beneath the 2023 PEA open pit in the Keel Zone and expansion of the PEA starter pit to the north. Tocvan Ventures presented results from one more reverse circulation (RC) hole outside from the Main Zone at the Pilar project in Sonora. The hole tested near-surface mineralization on the North Hill Zone; drilling continues, with assays pending for six holes.

Vizsla Silver’s results are from 16 holes targeting the central and southern extent of the Napoleon vein at its Panuco project in Sinaloa. “Infill and step-out (expansionary) drilling completed to date has led to an improved understanding of the mineralization controls along the Napoleon vein corridor. Observations based on metal zonation and alteration continue to support the interpretation that the corridor is tilted”. Kootenay Silver released results from six holes targeting the eastern extension of the D-Vein at Columba in Chihuahua. Four of the holes targeted shallow levels to establish dip orientation of the vein before further deeper drilling testing. The deeper drilling focused below the 1,750 m asl elevation, where the best grades begin, stepping 200 to 375 m along strike from previous drilling.

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