TORONTO, Sept. 01, 2022  -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("Red Pine" or the "Company") is pleased to report new results from its 2022 Phase 1 exploration program in the Minto Mine South Deposit. Red Pine drilling continues to increase the footprint of mineralization within the Minto Mine South Deposit.

 

Highlights

 

Intersection of 17.49 g/t Au over 5.82 meters, including 50.12 g/t Au over 1.93 meter, in a gap in the current resource of the Minto Mine Deposit in SD-22-377.

The intersection is located 30 meters up-plunge of the intersection of 68.71 g/t Au over 4.72 meters in SD-22-373 (see news release of July 14, 2022).

Intersection of 21.10 g/t Au over 3.25 meters, including 44.63 g/t Au over 1.25 meter, in the Minto Stockwork surrounding the Minto Vein in SD-22-373.

Visible gold observed in SD-22-371 that infills a gap in the current resource of the Minto Mine deposit (assays pending).

VANCOUVER, British Columbia, Aug. 15, 2022  -- MAG Silver Corp. (TSX / NYSE American: MAG) ("MAG", or the "Company") announces the Company's unaudited financial results for the three and six months ended June 30, 2022. For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three and six months ended June 30, 2022, please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov).

 

All amounts herein are reported in $000s of United States dollars ("US$") unless otherwise specified.

 

KEY HIGHLIGHTS

 

OPERATIONAL - Juanicipio owned 44% by MAG Silver

 

For the three months ended June 30, 2022, on a 100% basis:

A record 154,069 tonnes of mineralized development and stope material were campaign processed through the Saucito and Fresnillo plants, with 2,207,626 payable silver ounces, 5,119 payable gold ounces, 1,016 payable tonnes of lead and 1,599 payable tonnes of zinc produced and sold;

Average silver head grade for the quarter was 567 grams per tonne ("g/t"); and

Pre-commercial production sales (net of treatment and processing costs) totaled $55,224 for the quarter, less $17,962 in mining and transportation costs and depreciation and amortization, netting $37,262 in gross profit by Juanicipio in the quarter.

At the end of the quarter, Juanicipio held cash balances of $37,504 up from $18,261 at the end of Q1.

As reported by the operator Fresnillo, tie-in to the national power grid is expected in the coming weeks, with the expectation to ramp up the Juanicipio processing plant to 85-90% of nameplate capacity by year end.

Vancouver, British Columbia--(August 10, 2022) - Vancouver, BC: Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) (the "Company" or "Dolly Varden") is pleased to announce significant results from drilling at the Kitsol Vein located near the historic Torbrit Mine on the Company's Property in northwest BC.

 

Highlights from drill hole DV22-283 include:

 

50.18m (~30.0m true width) averaging 414 g/t Ag

Including 7.15m (4.29m true width) averaging 646 g/t Ag

Including 11.74m (7.04m true width) averaging 658 g/t Ag

Including 5.34m (3.20m true width) averaging 801 g/t Ag
 

Drill hole DV22-283 is a 25m step-out along strike and down dip of high grade silver mineralization zone within the Kitsol Vein and suggests that thickness and grade of the Kitsol Vein is increasing at depth. Within the mineralized interval, three 0.50m long samples assayed 2,910 g/t Ag, 2,390 g/t Ag and 2,500 g/t respectively. The Kitsol Structure is a vein-hosted, high-grade silver system located immediately west of the Torbrit Mineral Resource and historic mine. Mineralization consists of multiple, overlapping epithermal vein and brecciation events along a northeast striking, steep westerly dipping zone. Silver mineralization includes native silver, pyrargyrite, tennantite, argentite and argentiferous galena hosted in highly siliceous breccias and veins.

TORONTO, Aug. 04, 2022 -- Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF) ("Galantas" or the "Company") is pleased to announce results for three holes from its ongoing 4,000-metre drilling program at the Omagh Project in Northern Ireland. All three holes were drilled from the underground development at the Kearney Vein.

 

Drilling highlights:

 

Hole FR-DD-22-UG-186 targeted a dilation zone within the Kearney Vein and intersected 31.8 grams per tonne (g/t) gold (Au) and 39.2 g/t silver (Ag) over 4.4 metres, including 69.6 g/t Au and 86.6 g/t Ag over 1.4 metres (see Table 1, Figures 1 & 2). Other intersections within this same hole include 10.4 g/t Au and 29.4 g/t Ag over 3.3 metres, and 6.7 g/t Au and 6.8 g/t Ag over 1.2 metres on the 'B-lens'.

 

Hole FR-DD-22-UG-182 targeted the main Kearney Vein and intersected 8.9 g/t Au and 36.4 g/t Ag over 2.1 metres (see Figure 3) approximately 25 metres south of the previously reported FR-DD-22-UG-181 intersection of 31.7 g/t Au and 58.5 g/t Ag over 7 metres (see Galantas' press release dated March 21, 2022).