Telson Resources Inc. is pleased to announce that it has entered into a mineral processing agreement with Compañia Minera de Atocha, S.A. de C.V., the owner of the Atocha mineral processing plant for the processing during 2017 of at least 21,000 tonnes of Tahuehueto ore.
Igor Gonzales, President and Chief Executive Officer of the Company, stated “the listing of our common shares on the NYSE MKT represents an important corporate milestone for Sierra Metals and another step in our plan to enhance shareholder value by increasing stock liquidity and exposure to institutional investors”.
The San Francisco mine had another strong quarter, exceeding the upper end of our production guidance range of 20,000 to 22,000 ounces for Q2 with 22,011 ounces produced and 21,495 ounces sold, said Greg McCunn, Chief Executive Officer. Our balance sheet remained strong throughout the quarter with approximately $35 million in cash on hand as at June 30, 2017, as we continued to invest the majority of the cash flow from operations into advancing our high-grade, low cost Ana Paula Project in Guerrero, Mexico. With the recently announced CAD$50 million equity financing expected to close on or about July 20, 2017, our balance sheet will be further strengthened, allowing us to continue to advance the development at Ana Paula, including completion of a definitive feasibility study, change of land use permitting, surface exploration drilling and development of an underground decline for exploration below the proposed open pit.
Leagold Mining Corporation is pleased to announce the appointment of Rt Hon. the Lord Garel-Jones as an independent non-executive director effective today.
“Our commitments to sustainability excellence, responsible mining and creating sustainable value for our stakeholders are fundamental operating principles imbedded in everything we do, beginning when the first exploration teams take the time and care to consult with communities and establish a spirit of openness, transparency and trust” said Brent Bergeron, Executive Vice President, Corporate Affairs and Sustainability at Goldcorp.
“On behalf of Discovery Metals, I am pleased to welcome Jose Vizquerra to the Board, where we will benefit from his business, exploration and country specific experience,” stated Murray John, Chairman of the Board. “The Board is also delighted that we will benefit from the advice of Arturo, Cal, Craig, Moira and Sean. Mr. Bonillas is widely recognized in Mexican mining circles as an entrepreneur, operator and business leader. The appointments of Mr. Everett, Mr. Roberts, Dr. Smith, and Mr. Tetzlaff recognize the key roles that they have played in the creation of Discovery Metals and their expertise in exploration, project evaluation, financing and capital markets. Along with Company founder and continuing Board director Mark O’Dea, the new appointees will help move the Company forward, as we build a successful exploration and development team capable of rapidly evaluating our exciting property portfolio and looking at other mining opportunities in Mexico.”
Very high grade zinc and lead mineralisation has been identified from mapping and sampling of newly identified Las Espadas area in the northern extension of the mine
CEO John Lawrence said We are excited about the Los Juarez gold, silver, and antimony estimated recovered values of $127.06 per metric ton during the recent milling campaign. Completing the process in Montana will reduce Capex and expedite the start of the project. Mexican antimony production and BRZ zeolite sales are anticipated to increase to provide cash flow for the leach plant.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
México Minero is a non-governmental organization that promotes sustainable mining.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
