The resolution to set the number of directors at eight was approved by 99.85% of the votes cast for the resolution. Deloitte LLP, Chartered Professional Accountants were reappointed as Capstone’s auditors for the ensuing year by 84.60% of the votes cast.
Azure Minerals Limited (ASX: AZS) is pleased to report that further metallurgical testwork continues to make significant improvements on the already positive results from its 100%-owned Oposura zinc-lead-silver project.
The net proceeds of the Offering will be used for the Companys continued exploration and drilling programs, to deliver an updated resource estimate and maiden Preliminary Economic Assessment for the Las Chispas Project, and for working capital purposes.
The key objective for Prospero and its strategic partner Fortuna Silver Mines Inc. is to complete first-pass, proof-of-concept drill testing of key projects in the Altiplano belt of northern Mexico. Three projects have been shortlisted: Bermudez, Buenavista and Trias. Bermudez and Buenavista are covered by granted concessions, and Prospero anticipates that the Trias concession should be granted shortly.
Thomas Atkins, President and CEO of Mammoth commented on these results stating: “We again have intersected some very impressive lengths and grades of gold mineralization at Tenoriba. In the Carneritos area, holes TEN 17-06, 07 and 08 test different targets separated by 180 to as much as 750 metres one from another.
“Our operations again delivered on target quarterly results while we continue to execute very well on our robust pipeline of growth projects, which together with excellent exploration results from across our portfolio, continues to enhance confidence in our 20/20/20 plan of growing production and reserves by 20%, and reducing AISC by 20% by 2021,” said David Garofalo, President and Chief Executive Officer of Goldcorp. “The completion of a solid pre-feasibility study at NuevaUnión and the acceleration of study work, exploration and engineering at Century and Norte Abierto underpin our Beyond 20/20 pipeline of potential new long-life, low-cost and large-scale mines.”
“We are very excited about the 2018 exploration program which got underway during the first quarter. The exploration strategy remains unchanged with a focus on reserve replacement and new target generation,” said Paul Harbidge, Senior Vice-President, Exploration. “Leveraging the success we had in 2017 in advancing new targets such as Amerikona at Coffee, and Silica Cap at Cerro Negro, we have an aggressive program ahead of us this year to advance targets from our core assets through conversion of resources into reserves. I’m very confident in our ability to reach our targeted 20% increase in reserves by 2021.”
La minera de metales preciosos Fresnillo Plc reportó el miércoles un alza del 14 por ciento en su producción de plata en el primer trimestre, impulsada por el inicio de las operaciones de la Fase II del complejo San Julián, propiedad de la compañía en México.
Alexander Mining PLC on Wednesday said it has agreed an extension and expansion of its lithium ore processing joint venture with an inventor of its two main technologies.
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