Month: August 2020

Orogen Options the Sarape Gold Project to Hochschild

“Hochschild has considerable experience in the Americas and we welcome their expertise in advancing exploration on Orogen’s Sarape gold project. The Sarape project is a low sulphidation epithermal gold target located in the same valley as Premier Gold’s Mercedes mine, SilverCrest’s Las Chispas project and First Majestic’s Santa Elena and Ermitaño mines.”

Sonoro Metals Announces Corporate Update

Sonoro Metals Corp. is pleased to announce that the Board of Directors has approved the change of the Company’s name from “Sonoro Metals Corp.” to “Sonoro Gold Corp.”, subject to the approval of the TSX Venture Exchange, which will better reflect the Company’s future business interests.

Silver Viper Discovers a New, Broad Zone of Mineralization at El Rubi

Silver Viper’s President and CEO Steve Cope states, “We are extremely pleased to see the second of our scissor holes at El Rubi intercept a long run of mineralization, starting at a depth of 75 metres down hole. The hole was designed to intercept thin but often high-grade stringers we have seen in the footwall of the El Rubi structure. While not unexpected, the length of this interval reached 110 metres of gold-silver mineralization which is a very positive result. This discovery requires rigorous and extensive follow up, but it appears to support our belief that the western zone could reveal itself as a significant part of the El Rubi story.”

Golden Minerals Drills 24m Grading 6.7 g/t Au at its Rodeo Gold Project, Durango, Mexico

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We continue to intersect thick intervals of near-surface, high-grade gold mineralization at Rodeo. The results of this infill drilling program are showing an improvement in gold grades on average compared to previous drill hole results. This further supports our plan to develop the project and process this high-grade material in our oxide plant at Velardeña.”

Silver Spruce Grants Stock Options

Silver Spruce Resources Inc. announced today that it has granted 300,000 stock options to its CFO, Camilla Cormier, with an exercise price of $0.05 per share and an expiry date of August 26, 2025.

Mithril Hits Bonanza Gold and Silver Grades at Copalquin Project

“We are extremely pleased to have intersected the high grade La Soledad vein with the first drill hole of the program and excited to report these bonanza grades for both gold and silver. The second hole located part of the old workings and also returned an excellent intersection from the footwall of the vein.”

Teck Announces Dividend

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on September 30, 2020, to shareholders of record at the close of business on September 15, 2020.

Experienced Newmont Leader Appointed at Peñasquito

Newmont Corporation announced today that Bernard Wessels has been appointed General Manager of the Peñasquito mine, replacing Jim Cooper. Jim Cooper’s employment with Newmont has been terminated with immediate effect for violations of Newmont’s Code of Conduct while working for the Company in Australia.

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.

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