Day: November 2, 2020

Melior Resources Inc. Enters into Letter of Intent in respect of Reverse Takeover with Ranchero Gold Corp.

Melior Resources Inc. announces that it has entered into a non-binding letter of intent dated October 31, 2020 with Ranchero Gold Corp. with respect to a proposed transaction whereby Melior will acquire all of the issued and outstanding common shares in the capital of Ranchero. Ranchero holds an indirect 99.9% interest in a 22,367-hectare gold exploration property located in the Sierra Madre Occidental gold-belt in eastern Sonora, Mexico, known as the Santa Daniela property.

Gatos Silver Completes its Initial Public Offering

Gatos Silver, Inc. is pleased to provide the following information after the completion of its initial public offering and commencement of trading of its common stock on the New York Stock Exchange and the Toronto Stock Exchange under the ticker symbol “GATO.”

Sierra Metals Reports Strong Q3-2020 Financial Results for its Sociedad Minera Corona Subsidiary in Peru Which Increased its Adjusted EBITDA By 28% to a Record of US$26.2 Million

“The Yauricocha Mine had a strong third quarter and we continued to recover annual production tonnage lost due to the COVID-19 pandemic. The robust production in the third quarter coupled with improved metal prices resulted in significant improvements to EBITDA, cashflow and net income. Yauricocha’s performance in 2020 continues to excel for the Company and its shareholders.”

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.

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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.