El secretario general de Gobierno, Sergio César Alejandro Jáuregui Robles, señaló que esta tarde se realizará una nueva reunión con la empresa canadiense Pan American Silver Corporation que opera la Mina de Dolores, en el municipio de Madera, a fin de evitar el cierre permanente de sus actividades.
Fred Davidson, President and CEO, stated, “Silver prices reached its recent high in January 2018 at USD $17.54 an ounce but fell as the quarter progressed as the US dollar and interest rate started increasing. Nonetheless in Q1 our shares outperformed sector peers largely due to our exploration success at our sizable 357km2 land package, 5,000+ underground workings, and high potential exploration targets. The Company continues to believe its market capitalization remains undervalued given our production and exploration potential.”
Commenting on this news, Ralph Shearing, President of Telson said Telsons graduation to Tier 1 of the TSX Venture Exchange is a further demonstration of the quality of our Campo Morado and Tahuehueto projects and of our management team. Graduating to Tier 1 status will also provide the Company with a more favorable regulatory environment, decreased filing requirements and increased opportunity for participation by institutional investors…”
Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) is pleased to announce the receipt of the clearance decision from the Comisión Federal de Competencia Económica with respect to Leagold’s acquisition of Brio Gold Inc. COFECE approval was the final government agency approval required before completing the acquisition, which is anticipated to occur on or around May 24, 2018.
Project Fenix shows that El Gallo has the potential to be retooled to produce silver and gold for years into the future. The current heap leach gold mine would transform first to a mill and process the residual heap leach pad material, then additional mill modifications would enable processing of silver and gold ores from four other deposits. This plan depends on innovative in-pit tailings disposal that we think is a win-win for all stakeholders. Over the coming quarters we intend to advance environmental permitting and refine our plans with a feasibility study before making an investment decision next year, said Rob McEwen, Chairman and Chief Owner
Pan American Silver Corporation ordenó el cierre de operaciones y el inmediato desalojo de la Mina de Dolores, la cual opera en el municipio de Madera, derivado de las condiciones de inseguridad en la zona serrana del estado de Chihuahua.
Minaurum Gold Inc. is pleased to announce that its previously announced private placement is oversubscribed and it is increasing the private placement to $7,000,000, subject to TSX Venture Exchange approval. In addition, Minaurum has now closed the second tranche of the private placement raising $909,999.45. Total gross proceeds raised in the first two tranches are $5,702,499.45.
Canasil President & CEO, Bahman Yamini, commented: We are pleased that drilling has resumed at La Esperanza; the project covers a large area hosting multiple vein systems with potential for high-grade silver-gold-zinc-lead mineralization. The main La Esperanza vein, where the recent and current drill programs have been focused, demonstrates signs of a strong mineralized system and has consistently returned wide high-grade intercepts from drilling to date. This vein has only been tested over a limited zone along the potential strike of the vein at a relatively high level in the system. There should be excellent opportunities for expanding the mineralized envelope along strike and to depth.
Taj Singh, P.Eng, President & CEO states, Additional assay results from our sampling program at Puerto Rico continue to highlight the high-grade nature and strong continuity of mineralization in the historic underground workings at Puerto Rico. Our mapping and sampling program is progressing well and we continue to be on pace to have drill-ready targets in Q3.
Throughout his career Larry has demonstrated a strong ability to optimize operations, and you can see this in the improved performance of Greens Creek and Casa Berardi since he joined Hecla, said Phillips S. Baker, Jr., Heclas President and Chief Executive Officer. With the expected addition of the Klondex assets, Hecla is growing again and his talents will continue to be an important part of our strong team as it integrates and optimizes these new mines.
Mexico Mining Center © 2021 / All Rights Reserved
