Month: October 2022

GR Silver Mining Intersects 44.5 m at 518 g/t AgEq Including 6.5 m at 2,101 g/t AgEq in the Footwall and Hanging Wall of the Main Mineralized Zone at the Plomosas Mine Area

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FIGURE 1 Location of Selected 2022 Infill Drill Holes – Plomosas Mine Area Upper Levels Longitudinal Section (CNW Group/GR Silver Mining Ltd.)

FIGURE 1 Location of Selected 2022 Infill Drill Holes – Plomosas Mine Area Upper Levels Longitudinal Section (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce additional results from 38 infill drill holes in the resource update program underway at the Company’s Plomosas Mine Area, Plomosas Project in Sinaloa, Mexico. These drill holes were targeted to replace historical holes used in the 2021 NI 43-101 mineral resource estimate, where unsampled intervals were assigned zero values, or to test new high-grade Ag-Au mineralized zones, identified by the Company in both the footwall and hanging wall of the main mineralized zone (Figure 1). GR Silver Mining’s infill drilling program is continuing in the Plomosas Mine Area, and to date has added 105 holes (7,330 m) of new drilling inside the historic Plomosas Mine since completion of the Company’s 2021 NI 43-101 mineral resource estimation. read more

Tocvan Commences the Drilling Season at the El Picacho Gold/Silver Project in Sonora Mexico

JayCurrie
TOC.CSE, Tocvan Ventures, gold, silver, Mexico

Announcing the start of the operating season is usually a somewhat ho-hum press release. However, Tocvan Ventures (TOC:CSE) is beginning to drill the 24 km2 area that makes up the El Picacho Project in Sonora Mexico. While the company will continue to work on its Pilar project, the real excitement this season will come from Picacho. read more

Cartier Iron to Acquire a Silver Project in the Potosi Department, Bolivia; To Proceed With Share Consolidation and Name Change to Cartier Silver Corporation

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to announce it signed a letter of intent agreement on October 25, 2022 (the “Agreement”) to acquire a 100% interest in the Chorrillos Project, comprising two separate properties known as the Gonalbert Mining area and the Felicidad Mining area, located in southern Bolivia approximately 15 to 20km southeast of Eloro Resources Ltd.’s Iska Iska silver-tin polymetallic project. read more

Tocvan Provides Marketing Update

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce it will be presenting at the upcoming International Precious Metals & Commodities Show November 4th and 5th in Munich, Germany. The conference will showcase gold and silver explorers and producers from across the globe. Tocvan will be presenting on the Company’s Sonora projects and has been asked to be part of a silver panel that includes First Majestic, Silver One, Fortuna Silver, and Silver X. In addition, the Company will be presenting at the bi-annual TakeStock investor event in Calgary, Alberta on November 2nd. For more information on each please see the following links: International Precious Metals & Commodities Show (edelmetallmesse.com) and TakeStock Alberta Investor Forum (weebly.com) read more

Eloro Resources Intersects Multiple Intersections including 108.16 g Ag eq/t (11.63 g Ag/t, 1.53% Zn and 0.36% Pb) over 111.26m in High-Grade Feeder Zone in Santa Barbara Target Area at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia

This intersection in hole DSB-36, drilled 400m southeast of the Santa Barbara adit, includes higher-grade portions of: 180.29 g Ag eq/t (24.27 g Ag/t, 2.49% Zn and 0.73% Pb) over 24.13m. 197.54 g Ag eq/t (17.04 g Ag/t, 2.96% Zn and 0.58% Pb) over 11.82m. 211.34 g Ag eq/t (30.50 g Ag/t, 2.87% Zn and 0.76% Pb) over 6.02m. Other significant intersections in this hole include: 101.31 g Ag eq/t (28.14 g Ag/t, 0.19% Zn, 0.55% Pb and 0.26% Cu) over 77.82m. 101.47 g Ag eq/t (23.88 g Ag/t, 1.08% Zn and 0.56% Pb) over 55.54m. 205.75 g Ag eq/t (20.69 g Ag/t, 0.15 g Au/t, 0.68% Zn and 0.75% Pb) over 22.75m. 136.82 g Ag eq/t (3.33 g Ag/t, 0.09 gAu/t, 1.72% Zn, 0.31% Pb and 0.07% Sn) over 78.39m including 478.26 g Ag eq/t (12.60 g Ag/t, 0.27 gAu/t, 5.61% Zn, 0.91% Pb and 0.28% Sn over 10.53m 203.26 g Ag eq/t (1.73 g Ag/t, 0.75% Zn and 0.42% Sn) over 12.22m. The last sample in this 935.4m long hole returned 549.91g Ag eq/t (46.00 g Ag/t, 3.33% Zn, 2.27%Pb and 0.68% Sn) over 1.51m. 52% of this hole contained reportable intersections which collectively averaged 112.48 g Ag eq/t. On-Strike Extension of High Grade Feeder Zone at Santa Barbara to South-Southeast now confirmed for an additional 400m and is open along strike.
MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce assay results from two (2) additional diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. One drill hole, DSB-36, collared 400m southeast of the Santa Barbara adit, tested the extension of the core of the high-grade feeder zone at Santa Barbara while hole DSB-34, tested the potential southwest limits of the high-grade feeder zone as shown in Figure 1. read more

Grid Metals Corp. Signs Pre-Production MOU with Tanco Lithium Mine

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Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Monday, October 17, 2022, Press release picture

Grid Metals Corp. (the “Company“)(TSXV:GRDM)(OTCQB:MSMGF) is pleased to announce that it has entered into a Memorandum of Understanding (“the Agreement”) with Tantalum Mining Corporation of Canada Limited (“Tanco”) for the forthcoming metallurgical tests on lithium spodumene ore from Grid’s Donner Lake Lithium Property at the Tanco Mine which is located at Bernic Lake in southeastern Manitoba, which will serve as basis for further collaboration. The Tanco Mine is currently the only North American based producer of lithium spodumene concentrate. The Donner Lake Lithium Property is a 75%/25% joint venture between Grid Metals Corp and Lithium Royalty Corp. (“LRC”). read more

GR Silver Mining Extends SE Area Silver Discovery with New Wide Intersection of 123.1 m at 112 g/t Ag, including 13.1 m at 289 g/t Ag and 0.4 m at 4,680 g/t Ag

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V.GRSL, GR Silver Mining, silver, gold, Mexico

Figure 1: Location of 2022 Drill Holes - Southeast Area and San Marcial Resource Area (CNW Group/GR Silver Mining Ltd.)

Figure 1: Location of 2022 Drill Holes – Southeast Area and San Marcial Resource Area (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce successful follow up drilling lateral to the new high-grade Southeast Area (“SE Area”) silver (Ag) discovery, at the Company’s wholly-owned Plomosas Project, in Sinaloa, Mexico. Surface drill hole SMS22-16 intersected mineralization similar to the previously announced SMS22-10 discovery in the SE Area, on a 90 m step out drilling program, where multiple high-grade intervals are hosted in a wide zone with a predominance of Ag-rich hydrothermal breccias and stockworks, to the SE of the San Marcial Resource Area. read more

Tocvan Announces Start of Operating Season

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce preparations are underway for its maiden drill program at the El Picacho gold-silver Project in Sonora, Mexico. After a longer than expected wet season due to adverse weather conditions in the region, the Company is now set to start its operating season with drilling at Picacho. Operations are expected to continue through to June of 2023, as the Company evaluates the potential of several target areas at Picacho and continues to explore, drill and advance its Pilar project also in Sonora. Figure 1, highlights the key target areas across Picacho’s western half, including Tortuga, San Ramon (see news release September 13, 2022), Murcielago (see news release July 6, 2022), Virgen Maria and Jabali. All targets have artisanal workings with high-grade gold-silver mineralization, the Company is targeting the high-grade along with the untested potential for broader low-grade zones. It should be noted that no comprehensive modern exploration has been conducted between the target areas and the Company believes there is significant evidence to suggest other target areas can be identified across the 24 km2 area that makes up the El Picacho Project. read more

Eloro Resources Intersects 198.00 g Ag eq/t (67.79 g Ag/t, 1.44% Zn and 1.04% Pb) over 134.47m in Silver-Rich Area of High-Grade Feeder Zone in Santa Barbara Target Area at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia

This intersection in hole DSB-31, drilled 200m southeast of the Santa Barbara adit, includes a higher-grade portion grading 566.36 g Ag eq/t (246.26 g Ag/t, 3.72% Zn and 3.88% Pb) over 25.51m. Additional significant intersections in this hole include: 161.54 g Ag eq/t (32.14 g Ag/t, 1.94% Zn and 0.76% Pb) over 82.12m, 123.24 g Ag eq/t (9.23 g Ag/t, 1.44% Zn, 0.26% Pb and 0.07% Sn) over 62.23m, and 126.21 g Ag eq/t (6.05 g Ag/t, 1.58% Zn and 0.52% Pb) over 81.12m Overall, 51% of the overall length of this 987.99m long hole yielded reportable intersections, which collectively average 139.44 g Ag eq/t. The high-grade silver zone intersected in hole DSB-31 appears to be in the same structural-mineralized corridor as the silver-rich zone in the Santa Barbara adit. As previously reported channel sampling along the adit returned 441.98 g Ag eq/t (164.96 g Ag/t, 0.23 g Au/t, 3.46% Pb and 0.46% Sn) over 165.89m. Adjusted to prices used in this current release, the overall Ag eq/t value is 493.61 g Ag eq/t. Hole DSB-33 drilled at an azimuth of 2250 with a dip of -600 to test the southwest limit of the high-grade feeder zone in the vicinity of the Central Breccia intersected 18 reportable intersections including a very high tin intersection grading 1.41% Sn over 21.25m which included a 9.04m section that graded 3.08% Sn. A total of 26% of this hole contained reportable intersections which collectively averaged 123.39 g Ag eq/t.
MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

 Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce assay results from two (2) additional diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. One drill hole, DSB-31, tested the potential south-southeastern extension of the high-grade feeder zone at Santa Barbara while the second hole, DSB-33, tested the southwest limit of the zone in the vicinity of the Central Breccia, as shown in Figure 1. read more