The Offtake Agreement with Penoles covers the sale of zinc concentrate to 31 December 2020, with 100% of zinc concentrate to be sold to Penoles Met-Mex smelter located in Torreon, Mexico, with the zinc treatment charge set to the international benchmark.
“These sample results demonstrate the widespread nature of very high-grade mineralization across the Panuco project with greater than 1,000 g/t silver equivalent results obtained from six different prospects on four of the five veins sampled-to-date.” commented Charles Funk, Vice President of Exploration for Vizsla.
Henk van Alphen, Wealth’s CEO, stated, “The team at Wealth is working diligently to maximize opportunities for the Company. Wealth Copper’s launch as a public company listed on the TSX Venture Exchange is progressing and expected to be imminent, we are realizing value for non-core assets such as the Yanamina gold project, and we have been tenacious in advancing the Valsequillo silver project…”
Luis Castro, Vice President, Exploration commented, “We previously stopped mining the P4 orebody at the El Curso property boundary so these initial drill results simply confirm that the high grade silver-gold mineralization continues to the northwest. Since our main ramp access to the Milache orebody passes from P4 across the El Curso property, we are drilling from underground drill stations along the ramp.”
Technical Director of Alien Metals, Bill Brodie Good, commented that “the initial assay results and geological information from the technical due diligence field trip are highly encouraging. Of the 17 samples taken across the two projects, numerous assays returned greater than 60%+ Fe, which is direct shipping ore quality, and the brief geological mapping carried out further enhanced the perceived potential of both projects.”
Bacanora CEO Peter Secker said “Recent research reports predict the lithium industry would need US$30 billion in investment in upstream capacity to meet its forecast of 1 million tonnes of supply by 2025 (a threefold increase on current levels). In order to secure funding, any new lithium project needs to be low on the operational cost-curve, without having to rely on by-product credits to artificially lower that cost per tonne. A project also needs to have reliable engineering cost estimates. A project needs to be of sufficient scale, in a location with a favourable environmental and political climate and deliver a high-grade end product. The Sonora Lithium Project is one of the very few projects globally that can deliver on all of these factors.”
Defiance has initiated a two-phase technical program at San Acacio. Field work will commence in the third week of November with an immediate emphasis on evaluating the main San Acacio resource at depth as well as brownfields targets adjacent to the mine area and to the south east of the Resource Area. These targets encompass, but are not limited to, alternate mineralization styles, fault bounded “blind” vein systems, and structural targets on the Veta Grande system.
Greg Crowe, President and CEO commented: “This gradient magnetic survey has been very successful in not only outlining previously known vein systems, but has identified several other structural and geological features that may be important with respect to finding new areas of mineralization. It will also help in understanding the genesis of the mineralizing system.”
Los 47 lingotes que se llevaron los delincuentes tenían un valor de unos 524.000.000 de pesos, según el precio actual del metal. Según datos de la revista, la compañía Fresnillo PLC logró producir entre los meses de julio, agosto y septiembre un total de 94 lingotes, de modo que el grupo armado se llevó la mitad de la producción de ese período.
“This year we’ve launched the final stages of development of the Juanicipio mine. ” said George Paspalas, President and CEO. “We’re opening up more areas underground, including production cross-cuts through the vein, surface construction has commenced in earnest and every day sees more mill components arriving to site. “
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