Commenting on the strong potential of the Alacrán Project, Azure’s Managing Director, Mr. Tony Rovira, said: “Azure’s exploration team has a good track record for making significant silver and gold discoveries on the Alacrán project, with the Mesa de Plata and Loma Bonita deposits together containing resources of more than 32 million ounces of silver and 150,000 ounces of gold.”
2,794 tonnes of ore mined, with mined grades of 14.1% Zinc, 8.2% Lead and 42 g/t Silver
The funds raised under the Offer and the Placement will be used to fund the Plomosas Mine operations pending the processing and sale of zinc and lead concentrate currently stockpiled, to repay unsecured director loans, for working capital and to meet Offer expenses.
“I am pleased with the progress we made in all of our regions this quarter. Each of our regions delivered good increases in revenue as compared to last year and marked improvement in profitability,” said Denis Larocque, President and CEO of Major Drilling Group International Inc.
“We are thrilled to partner with Eric Sprott on this joint venture. He is already the single largest shareholder in Americas; with this new venture, we are further solidifying our relationship with him”, said Darren Blasutti, President and CEO of Americas Gold and Silver. “We look forward to putting his significant investment into developing the Galena Complex to benefit all our stakeholders in the coming months and transforming the Galena Complex into a leading US-based, profitable silver producer.”
J.D. Poliquin, chairman of Almaden stated, “John has been consulting to Almaden for many months, and we are pleased to welcome him in a permanent position. Pending the successful outcome of permitting and project financing, John’s focus at Almaden will be to repeat his recent success at Atlantic Gold, by bringing the Ixtaca project into production on time and on budget. We look forward to his contribution to our growing construction and operations team.”
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a private placement financing to raise gross proceeds of up to $4.0 million from the sale of up to 16,000,000 units at a price of $0.25 per unit, an increase from the $3.0 million offering announced on September 4, 2019.
CEO John Lawrence said “As a result of lower antimony prices and increasing prices for gold and silver, USAC will prioritize precious metals. The Company is now very close to the start-up, testing and shake down of the Los Juarez gold and silver leach at the Puerto Blanco mill. The Company continues to take steps to reduce its costs of producing antimony products in response to the lower global sale prices.”
“M3 has a wealth of engineering knowledge and with its extensive experience in Mexico, it is well suited to design and build the Camino Rojo project on time and on budget”, stated Jason Simpson, President and Chief Executive Officer of Orla. “We look forward to commencing detailed engineering work by mid-September as we work with M3 to build a high-quality project that begins to produce gold in mid-2021.”
Radius Gold Inc. is pleased to announce that Pan American Silver Corp. has elected to operate the next phase of exploration at Radius’s high-grade gold-silver Amalia Project located in Chihuahua, Mexico, and will reinitiate work in Q3 of 2019. The work program at Amalia will focus on preparation and execution of the phase 3 drilling program which includes an additional 2,500 m of diamond drilling.
We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.
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.
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