Day: March 30, 2020

Great Panther Files NI 43-101 Technical Reports on the Guanajuato Mine Complex

The reports are titled “NI 43-101 Mineral Resource Update Technical Report on the Guanajuato Mine Complex, San Ignacio Mine, Guanajuato State, Mexico”, dated March 17, 2020, and “NI 43-101 Mineral Resource Update Technical Report on the Guanajuato Mine Complex, Guanajuato Mine, Guanajuato State, Mexico”, dated March 27, 2020.

Great Panther Reports Fiscal Year 2019 Financial Results

“In 2019, Great Panther transformed into a growing, intermediate precious metals producer through the acquisition of Tucano, which increased production (on a gold equivalent basis) and revenue by 182% and 234%, respectively over 2018,” said Jeffrey Mason, Interim President and CEO, and Board Chair.

MAG Silver Reports 2019 Annual Results

“Construction and exploration drilling continue at the Juanicipio Project. We are fortunate that all the major process equipment has been delivered to site,” said George Paspalas, President and CEO. “Corporately, we are making appropriate changes to the way we are conducting business to ensure continuity whilst considering the health and well being of our people and business partners.”

Millrock and Resolution Announce Temporary Suspension of Drill Campaign On Aurora Target, West Pogo Block, 64North Gold Project, Alaska

Millrock President & CEO commented: “While it’s disappointing to have to curtail the drilling program, the safety of our people is always paramount. We are very pleased that the first drill hole of the program intersected significant quartz veining with pyrite and arsenopyrite with trace amounts of bismuthinite. These sulfide minerals are often associated with gold in the area and we will await the assay results with great anticipation!”

Silver Viper Continues to Expand El Rubi Zone, Provides Operations Update

Phase II drilling has advanced steadily since November 2019 and now totals 24 holes for a cumulative 6,955 metres. At this point, the Company has decided to pause drilling until a time where it feels it is safe and appropriate to resume amid the COVID-19 global pandemic. Drilling activities have ceased, core splitting and sampling of final holes was completed late last week. Drill equipment is being stored on site, awaiting restart order in the coming months. At this time, the Company wishes to recognize the pro-active support and understanding being provided by drilling contractor, Globexplore Drilling Corp. during this pause in work.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.