Month: April 2020

Minera Alamos Reports Sale of Prime Mining Corp. Shares

Minera Alamos Inc. announces that is has disposed of 3,000,000 common shares in the capital of Prime Mining Corp. for gross proceeds of $1,500,300 and 3,350,000 warrants to purchase common shares of Prime Mining for gross proceeds of $167,500.

Agnico Eagle Reports First Quarter 2020 Results; New 2020 Production and Unit Cost Guidance Issued to Reflect Impact of COVID-19 Temporary Shutdowns at Seven of Eight Mines; Restart and Ramp Up Activities Have Begun at the Five Canadian Mines Positioning Business for Strong Second Half of 2020

“The first quarter of 2020 was challenging given the global COVID-19 pandemic and its impact on our gold production and unit costs in March as operations were reduced to minimum activities at all five of our Canadian mines. Throughout this crisis the health, safety and well-being of all our employees and the communities that we operate in have been our top priority and remain a key focus as we have begun to carefully restart and ramp up our Canadian operations”, said Sean Boyd, Agnico Eagle’s Chief Executive Officer.

Excellon Announces Q1 2020 Production Results

“We had a strong start to the year with production improving from previous quarters,” stated Brendan Cahill, President and CEO. “Silver and lead production, in particular, were significantly higher than recent quarters.”

Minera Alamos Intersects 248 Metres of 0.60 g/t Gold Ending in Mineralization From Ongoing Drilling at the Santana Gold Project, Sonora, Mexico

“This initial phase of our ongoing drill activities at the Santana project was intended primarily to confirm the margins of the Nicho mineralization as we work to optimize open pit modelling for the pending start of mining operations. Rather than closing off the limits of the deposit in this area we have demonstrated significant potential for further expansion to the south and southwest” stated Darren Koningen, CEO of Minera Alamos.

Entrega Fresnillo Plc Dos Mil Despensas

“Todos estamos llamados a colaborar, por lo que debemos como ciudadanía hacer conciencia sobre cómo podemos ayudar a nuestra comunidad. En este caso, los proyectos mineros de la zona, pertenecientes a la empresa Fresnillo PLC, actúan como un vecino responsable en tiempos en los que actos de solidaridad valen el doble”, manifestó.

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