Month: October 2019

Alamos Gold Recibe Reconocimiento a las Mejores Prácticas de RSE

El 9 de octubre, en el marco del 3er. Foro Internacional PyMES Socialmente Responsables, el Vicepresidente Senior México de Alamos Gold, Dr. Luis Chávez Martínez, recibió oficialmente el Reconocimiento a las Mejores Prácticas de RSE, otorgado a la compañía por sus logros en materia de sustentabilidad social, económica y ambiental.

Coeur Reports Third Quarter 2019 Production and Sales Results

“As anticipated, our third quarter operational results reflected the beginning of a strong second half that is expected to continue throughout the remainder of the year,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “Wharf bounced back from a slow first half to deliver a strong quarter, while Palmarejo and Kensington generated solid operational results to help drive a 15% quarter-over-quarter increase in Companywide gold production…”

Mexican Gold Announces a New Resource Estimate for the Las Minas Project in Veracruz, Mexico

Philip O’Neill, Chief Executive Officer of Mexican Gold, stated, “We are very pleased with this robust resource estimate. The block model prepared by MDA holds together very well for a skarn deposit. The level of rigor used by MDA further allows us the opportunity to potentially explore economic studies for the potential exploitation of minerals at the El Dorado and Santa Cruz zones. Our focus now shifts to our upcoming drill program at Las Minas where we hope to unlock additional value through the drill bit, especially at our highly-prospective Pueblo Nuevo and Cinco Senores targets.”

Advance Gold Begins Second Phase Geophysical Survey to Expand Large and Continuous Chargeability Anomaly

Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: “It’s a very exciting time for Advance Gold, previous drilling found a network of veins with widespread gold and silver mineralization. Following this the first phase geophysical survey revealed a large chargeability anomaly right below these veins. Another impressive aspect of the first IP survey is that as we move to the south there is a decrease in the depth to the IP anomaly that would indicate that the anomaly is getting nearer to the surface as we move to the south…”

Discovery Metals Announces $17 Million Private Placement Including $5 Million Investment From Eric Sprott

Taj Singh, President and CEO of Discovery commented, “We are excited to have substantially expanded our European investor base as we transition into our next phase of growth. We are also very appreciative of the continued support of Mr. Sprott and are pleased that he has significantly increased his ownership in Discovery. These investments ensure we are well funded to pursue exploration plans for our Cordero silver project, and also for our Coahuila silver-zinc-lead projects. For Discovery shareholders, this private placement is a strong endorsement of our future business plans.”

Chesapeake Expands Footprint of Emerging Gold-Silver Camp near Metates Significant Mechanized Trench Results Returned from Crisy Discovery

P. Randy Reifel, President, stated, “Regional exploration continues to discover significant gold-silver hydrothermal mineralization in this highly prospective region surrounding Metates. We are developing an impressive organic pipeline of satellite projects that are strategically located to capitalize on the potential future world class mining complex and supporting infrastructure at Metates.”

New Gold Reports Strong Third Quarter Production and Reaffirms Annual Production Guidance

“The Company has delivered another quarter of strong operational performance from both assets, which positions the Company to achieve its annual production guidance. I would like to congratulate the Rainy River team on delivering the fourth consecutive quarter of improved performance as we reposition the mine for long-term success. The New Afton team reported another solid quarter of in-line results as we continue to advance the development of the C-zone and unlock the long-term potential of that asset. As we enter the final quarter of this pivotal year, we have made significant progress at both operations, strengthened our balance sheet as we re-position the Company for long-term success and shareholder value creation.” stated Renaud Adams, CEO.

SSR Mining Reports Third Quarter 2019 Production Results

Paul Benson, President and CEO said, “During the third quarter, we delivered over 100,000 gold equivalent ounces from our three operations, with each mine achieving solid production results and operating performance. Each operation continues to track well against our improved production guidance for the year, positioning us to meet or exceed consolidated production guidance for the eighth consecutive year.”

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