Aura Minerals Inc. is pleased to announce the appointment of Richmond Fenn to the Company’s Board of Directors effective October 7, 2019.
N. Eric Fier, CPG, P.Eng, and CEO, remarked, “While the veins in the Las Chispas Area are usually overshadowed by the exceptional high-grades of the Babicanora Area veins, these results have established the potential to expand and improve the average grade of the resources for the Las Chispas Area veins. New drill results from deeper intercepts in the Giovanni Vein are particularly impressive with an average grade of 1,084 gpt AgEq or over three times the average grade of 349 gpt AgEq used in the current Giovanni resource estimate. Drilling completed since the February 2019 resource estimate suggests that these high-grade veins extend to depth, down plunge and are open for further expansion…”
“This marks the third consecutive quarter where we’ve set a production record, with a substantial increase this quarter of 130,000 ounces from the past quarter, in what has typically been our weakest quarter of the year due to the rainy season,” said Brad Langille, President and CEO.
Bradford Cooke, Endeavour CEO, commented, “Our production in the Third Quarter 2019 was down year-on-year but we are seeing positive traction from all the operational changes made in the past two quarters. We expect lower operating costs in Q3 and further improvements of Guanacevi and Bolanitos tonnes and grades in Q4, 2019 which should have a positive impact on costs and production.”
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