Two companies announced results from diamond drilling campaigns in Mexico during the week, both at properties in Guerrero State.

Heliostar Metals released assays from the infill drill program on the High Grade Panel and down-dip exploration drilling at the Expansion Zone at its Ana Paula project. The program comprises infill of the High Grade Panel and down-dip exploration at the Expansion Zone. Ana Paula is located within the Guerrero Gold Belt, which includes several large gold bearing skarn deposits. Mineralization at Ana Paula occurs as disseminations or vein stockworks with variable controls including rock porosity, lithology and fault networks that have been interpreted as the distal parts of a large skarn system.

Luca Mining presented underground drilling results from the ongoing exploration program at its Campo Morado mine. This release includes assays from the El Naranjo and El Rey areas, with results that have expanded both areas and increased the confidence in the continuity of mineralization. The Campo Morado project encompasses several volcanogenic massive sulfide (VMS) polymetallic deposits, of which El Naranjo is one of the biggest with over 540 m length, up to 210 m in width, and an average of 60 m thickness.

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