Hecla explores for Mexican gold

A first phase of exploration will begin at the Jojoba gold project in northern Mexico.

The 1,120-ha property is held by Aquiline Resources (AQI-V), though Hecla Mining (HL-N) has an option to buy a 60% interest.

Hecla will carry out a due diligence review, as well as geological surveys, trenching and check assays in preparation for a US$1.1-million exploration program, to be carried out over the next few months. The first stage will entail diamond drilling six holes to an average depth of 100 metres. This will be followed by 50 reverse-circulation holes.