David F. Volkert, Vice President of Exploration, commented: "In 2020, our exploration team at San Jose focused on re-evaluating their understanding of the structural and geological controls on mineralisation at the Trinidad Deposit with the goal of identifying new near-mine exploration targets.”

“The interception of wide and high-grade mineralisation in close proximity to current production areas at the mine reflects the structural complexity of the deposit and unveils discovery potential remaining at the San Jose Mine,” added Volkert.

Step-out drill highlights include:

  • SJOM-955: 699 g/t silver (Ag) and 3.57 g/t gold (Au) over an estimated true width of 4.1 m.
  • SJOM-1002: 1931 g/t Ag and 6.76 g/t Au over an estimated true width of 5.4 m.

Infill drill highlights include:

  • SJOM-1014: 306 g/t Ag and 1.38 g/t Au over an estimated true width of 9.5 m.
  • SJOM-1016: 760 g/t Ag and 3.24 g/t Au over an estimated true width of 3.4 m.
  • SJOM-1017: 967 g/t Ag and 4.25 g/t Au over an estimated true width of 8.4 m.
  • SJOM-1020: 809 g/t Ag and 2.78 g/t Au over an estimated true width of 1.4 m.
  • SJOM-1021: 473 g/t Ag and 1.25 g/t Au over an estimated true width of 14.9 m.

The Brownfields exploration programme budget for 2021 at the San Jose Mine is US$10.9 million, which includes 33 800 m of diamond drilling and 1770 m of underground development for drilling access, platforms, and services. Underground exploration drilling will focus on the shallow and deep north and south extensions of the Trinidad vein system and the sub-parallel Victoria mineralised zone, while surface drilling will test two new targets to the south and north of the mine.