Day: August 9, 2019

Odyssey Marine Exploration Reports Second Quarter 2019 Financial Results

“Earlier this year, we articulated our business plan which focuses on developing subsea mineral assets to create and realize near and long-term value. To achieve this, we intend to continue development of our own projects, acquire other mineral rights/deposits and earn equity in deep-sea mineral projects through our leveraged contracting model,” said Mark Gordon, Odyssey Chief Executive Officer and Chairman of the Board. “We’ve made significant progress on these goals so far this year, and we continue to push forward.”

Chesapeake Gold Acquires Metates Royalty from Wheaton Precious Metals Corp.

P. Randy Reifel, President, commented, ”Metates hosts one of the largest undeveloped gold and silver deposits in the world. Metates is located in a miner-friendly jurisdiction relatively close to key existing infrastructure. We believe gold and silver are in the early stage of a major bull market. The NSR investment will provide leverage and optionality during a rising metals cycle.”

Mako Mining – Corporate Update

Mako Mining Corp. is pleased to provide an update on its recently completed rights offering; progress at its fully-permitted San Albino project in Nueva Segovia, Nicaragua where we are developing a high-grade open pit gold mine next year; the closing down of its La Trinidad mine in Sinaloa, Mexico; and management and board changes, including the appointment of Akiba Leisman, formerly Interim CEO, as CEO of Mako.

INTERA brings the experience and commitment to developing and implementing cost-effective solutions for every phase of mining projects—from planning and development, and construction and operations, to reclamation and closure.

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INTERA brings the experience and commitment to developing and implementing cost-effective solutions for every phase of mining projects—from planning and development, and construction and operations, to reclamation and closure.