Month: April 2020

New Gold Reports First Quarter Financial Results

“We are encouraged by the financial results for the quarter as they were impacted by the 2-week suspension at Rainy River in the latter part of March, and the enhanced COVID-19 safety protocols put in place at both operations. Following the close of a strategic $300 million partnership with the Ontario Teachers’ Pension Plan, the Company now has a strong liquidity position of $600 million, which is more than adequate to fund our business during this COVID-19 period.” stated Renaud Adams, CEO.

Orbia Announces First Quarter 2020 Financial Results

Daniel Martinez-Valle, CEO of Orbia, remarked, “As we all face an unprecedented global pandemic and the uncertainty and volatility that comes with it, it is important that I first thank all those working around the clock and on the front lines to care for people around the world.”

GoGold Intersects 4.2m of 559 g/t Silver Equivalent and 23.2m of 163 g/t Silver Equivalent at San Juan

“The results we’re seeing at the San Juan area of Los Ricos South are very promising, as this is at the northern end of that project. As we continue to see strong results from Los Ricos South, we are encouraged that these are only the first results of the many targets which we plan to explore along the 35km trend in the Los Ricos District. We look forward to testing these in the near future, which bodes well for the continuing prospects of this exciting district and our shareholders,” said Brad Langille, President and CEO.

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