Day: August 10, 2020

Equinox Gold Reports Second Consecutive Quarter of Record Results with 127,000 Ounces of Gold Production and Earnings from Mine Operations of $85 Million

“Equinox Gold achieved strong operational and financial performance in the second quarter, despite the challenges of the COVID-19 pandemic, and again delivered record results with 127,000 ounces of gold produced, low all-in-sustaining costs of $900 per ounce, $85 million in earnings from mine operations and adjusted net income of $27 million,” said Christian Milau, Chief Executive Officer.

Silver Dollar Signs Definitive Agreement with First Majestic to Acquire up to a 100% Interest in the La Joya Silver Project

“The signing of the definitive agreement to have an option to acquire the La Joya project is a very important milestone for us,” said Mike Romanik President of Silver Dollar. “We engaged some expert help to assist in our due diligence review of the historical data on the project and the unanimous feedback is that La Joya has incredible exploration and development potential, particularly in light of the significant move in metals prices since we signed the letter of intent.”

Alianza Minerals Appoints VP Exploration

Alianza Minerals Ltd. reports that Rob Duncan, M.Sc. (Geological Sciences – University of British Columbia) has been appointed Vice President, Exploration of the Company effective August 1, 2020.

San Marco Expands Land Position at Flagship Buck Property, B.C.

San Marco’s CEO, Bob Willis, commented “We are pleased to acquire additional ground at Buck. This expanded land position, contiguous to our current land holdings, will allow us to explore additional targets in the area. The mineralized surface footprint at Buck continues to expand, as such our new ground allows for continued definition of exploration targets within land we control”.

Brigadier Signs Definitive Agreement to Option Gold-Silver Picachos Property, Including Past Producing San Agustin High Grade Gold Mine, Sinaloa Mexico

Ranjeet Sundher, CEO, remarks “Closing the Picachos acquisition marks our official entry into the Sierra Madre epithermal belt, which has seen tremendous drilling success from neighboring exploration companies. Brigadier is well funded, having closed $4.2 million in financings over the last 30 days, and is preparing to initiate a maiden 5,000 metre drill program targeting the high-grade historic San Agustín mine. In addition to the high-grade San Agustín mine, Picachos offers exceptional exploration potential, with over 160 historic mines and workings throughout the Property.”

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