Magna Gold Corp. Announces Fiscal Year-End Change
November 30, 2020
Magna Gold Corp. is pleased to announce a fiscal year-end change from March 31 to December 31.
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Magna Gold Corp. is pleased to announce a fiscal year-end change from March 31 to December 31.
“Silver Spruce is building its grassroots exploration portfolio in a very productive, mining-friendly region only two kilometres from our El Mezquite property, adjacent to Minera Alamos’ Santana project, and closer to their Nicho gold deposit currently on track for development,” said Greg Davison, Silver Spruce Director and VP Exploration.
“The arrival of additional underground equipment at both Zimapan and Rosario during mid-October has been essential to our month over month increased production and cost efficiencies which should allow us to reach budgeted operational levels during Q4 2020.”
Capitan’s CEO, Alberto Orozco, stated: “We are very excited to receive the first batch of drill hole assays from our program on Capitan Hill at the Peñoles Project. This first batch of drill holes demonstrates strong continuity of gold-silver mineralization, particularly down- and up-dip; and they are also showing silver mineralization at depth to be more significant than previously thought.”
Mexus CEO Paul Thomspon Sr. added that gold production by year end should reach 225 oz.
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