April 2020 – Page 13 – Mexico Mining Center

First Majestic Produces 6.2 Million Silver Equivalent Ounces in First Quarter

April 13, 2020

“Strong production from our three operating mines produced 6.2 million silver equivalent ounces in the first quarter, or 9% above our previously suspended guidance,” said Keith Neumeyer, President and CEO. “Our San Dimas, Santa Elena and La Encantada mines were all operating above guidance prior to Mexico’s Federal Decree to suspend all mining activities in response to the COVID-19 pandemic. While we support the actions being taken, we continue to engage in discussions with Federal and State authorities to raise awareness on the importance of silver mining as an essential business.”

Alien Metals Ltd. – IP Survey Identifies Multiple Copper-Gold Targets at Donovan 2

April 13, 2020

Bill Brodie Good, Technical Director, commented: “The highly successful IP survey carried out by highly experienced geophysical consultants has highlighted 2 robust and one slightly weaker magnetic anomaly, coincident with previous geophysical and rock chip sampling to date. The incorporation of promising results from IP, Gravity and Magnetic surveys has defined these anomalies.”

Mexican Mine Penasquito Suspends Operations Due to Coronavirus

April 13, 2020

Mexico’s Peñasquito mine, one of the country’s leading gold and silver producers, said on Monday that it had temporarily suspended operations to comply with government restrictions aimed at curbing the spread of the coronavirus.

SilverCrest Announces C$75 Million Non-Brokered Private Placement

April 13, 2020

SilverCrest Metals Inc. is pleased to announce a non‑brokered private placement of 10,000,000 common shares of the Company at a price of C$7.50 per share for gross proceeds of C$75 million.

Golden Minerals Announces Updated COVID-19-Related Activities

April 13, 2020

In compliance with the recent directive of the Mexican Federal Government to suspend all non-essential activities, including mining, until April 30, 2020 in response to the COVID-19 pandemic, the Company has begun an orderly and safe suspension of mining activities at its Velardeña Properties (Durango State, Mexico).

Golden Minerals Signs Earn-In Agreement With Barrick Gold Corporation at El Quevar

April 13, 2020

Golden Minerals Company announced today that it has entered into an earn-in agreement with Barrick Gold Corporation whereby Barrick has acquired an option to earn a 70% interest in Golden’s El Quevar project located in the Salta Province of Argentina.

GR Silver Mining Reports High-Grade Drill Results from Plomosas Project: 3.5 m at 2,930 gpt AgEq, including 0.7 m at 13,335 gpt AgEq

April 13, 2020

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We are very pleased to report the discovery of high-grade silver-gold mineralized zones in the San Juan area. These significant results demonstrate the district-scale potential for high-grade silver-gold veins within the Plomosas Project.”

Minera Gorrión aclara supuesto soborno hacia Ejido de Tecoltemic

April 9, 2020

Minera Gorrión rechaza categóricamente la versión proporcionada por la asociación civil sobre lo abordado durante el encuentro, y la calificación de soborno hacia el propio Ejido de Tecoltemic, el cual, busca mejores condiciones de vida, interesándose en el desarrollo del proyecto Ixtaca y sus potenciales oportunidades, sobre todo ante un activismo que no ofrece alternativas de desarrollo a comunidades vulnerables con alto riesgo de exclusión.

Positiva La Reapertura De Minas De Carbón, Inyecta Oxígeno Al Sector

April 9, 2020

Ismael Leija Escalante, secretario general del Sindicato Nacional Democrático de Trabajadores Mineros, Metalúrgicos, Siderúrgicos y Conexos, advirtió que la anterior medida será incompleta, si no se incluye un segundo acuerdo en la contingencia sanitaria por el Covid-19 para que se considere a toda la minería como esencial y se permite que vuelva a trabajar.

Mina Mexicana Detrás Del 80% De Inhaladores En El Mundo, En Riesgo Por Las Restricciones Frente A COVID-19

April 9, 2020

La ambigüedad de la suspensión de actividades “no esenciales” decretada por México sume la cadena mundial de suministro de aparatos respiratorios en la incertidumbre

INDUSTRY INFLUENCER

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INDUSTRY INFLUENCER

Maza Diamond Drilling

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.

Month: April 2020

First Majestic Produces 6.2 Million Silver Equivalent Ounces in First Quarter

Alien Metals Ltd. – IP Survey Identifies Multiple Copper-Gold Targets at Donovan 2

Mexican Mine Penasquito Suspends Operations Due to Coronavirus

SilverCrest Announces C$75 Million Non-Brokered Private Placement

Golden Minerals Announces Updated COVID-19-Related Activities

Golden Minerals Signs Earn-In Agreement With Barrick Gold Corporation at El Quevar

GR Silver Mining Reports High-Grade Drill Results from Plomosas Project: 3.5 m at 2,930 gpt AgEq, including 0.7 m at 13,335 gpt AgEq

Minera Gorrión aclara supuesto soborno hacia Ejido de Tecoltemic

Positiva La Reapertura De Minas De Carbón, Inyecta Oxígeno Al Sector

Mina Mexicana Detrás Del 80% De Inhaladores En El Mundo, En Riesgo Por Las Restricciones Frente A COVID-19

INDUSTRY INFLUENCER

Major Drilling Group International Inc.

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Maza Diamond Drilling

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