(Energy Analytics Institute, 23.Mar.2022) — Energy briefs including Zacatecas Silver Corp. (ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) providing an update on its diamond drilling program at the Panuco deposit located within the Zacatecas Property in Mexico; and 2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) updating and significantly increasing its mineral resource estimate for the Anaconda area, comprised of the Menankoto permit and the Bantako North permit.
LATIN AMERICA AND THE CARIBBEAN
— Zacatecas Silver Corp. (ZAC:TSX Venture; ZCTSF: OTC Markets; 7TV: Frankfurt) provided an update on its diamond drilling program at the Panuco deposit located within the Zacatecas Property. To date Zacatecas has drilled (7420 m) at the Panuco Project, of which (4707 m) has been drilled at Panuco North, from which multiple assays are currently pending. SEMARNAT has now approved 27 additional drill permits at Panuco North which will allow drill targeting along the entire interpreted strike length of the vein system. Drilling at Panuco North includes follow up on a previously announced discovery hole in a previously undrilled area of the system which returned 2.17m at 823 g/t AgEq, the co. said 23 Mar. 2022 in an official stmt.
— The fourth semi-annual interest on the 2020-2025 and 2020-2027 bonds issued by Staatsolie Maatschappij Suriname N.V. will be made payable as of 23 Mar. 2022, the state entity revealed in a stmt on its website.
— Moscow and Caracas are developing steps to connect Venezuela w/ the Mir pmt system and use the respective card in Venezuela, online media El Carabobeño reported on 23 Mar. 2022, citing the Russian Ambassador to Venezuela Sergey Melik-Bagdasarov and his comments made in an interview w/ TASS.
— B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) updated and significantly increased mineral resource estimate for the Anaconda area, comprised of the Menankoto permit and the Bantako North permit, located approximately 20km from the Fekola Mine, including initial estimates for oxide indicated mineral resources and sulphide Inferred mineral resources, the co. announced 23 Mar. 2022 in an official stmt. Based on the updated mineral resource estimate and B2Gold’s preliminary planning, the co. has demonstrated that an open pit situated on the Anaconda area could provide selective saprolite material (average grade of 2.2 grams per tonne (“g/t”)) to be trucked to and fed into the Fekola mill commencing as early as late 2022, subject to obtaining all necessary permits and completion of a final development plan.
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.