Day: December 8, 2020

Gatos Silver Reports Third Quarter 2020 Results

Stephen Orr, the Company’s Chief Executive Officer, said “Gatos Silver is a rare silver-focused exploration, development and mining company that discovered a silver-dominant polymetallic district containing 14 zones of mineralization in Chihuahua State, Mexico. Over the last decade, the Company, in conjunction with its joint venture partner Dowa Metals and Mining, has developed and commissioned its first mine on the Cerro Los Gatos zone.”

Plomosas Plant Refurbishment Progress On Time On Budget

Consolidated Zinc Limited is pleased to advise that refurbishment of the wholly owned on-site plant which commenced in October, following receipt of the permit for a tailings storage facility, has progressed well and is on track to be completed in early 2021.

Salvaguarda Fresnillo plc Ejemplar de Águila Real

Esta impresionante especie es una hembra de 4 años, con un peso de 5 kilogramos y una longitud de 2.14 metros, capaz de levantar con sus garras hasta 80 kilogramos, más o menos el equivalente al peso de un potrillo.

Osisko Development Corp. Upsizes Previously-Announced Private Placement to CDN $80 Million

Sean Roosen, Chair and Chief Executive Officer of Osisko Development stated: “We are excited that Osisko Development has garnered such enthusiasm from the investment community in the early days. The added size and scope of this private placement coupled with our equity investments and expected near-term cash flows, could form the equity foundation of continued development of the Cariboo Gold Project.”

Newmont Provides 2021 and Longer-term Outlook

“Newmont’s outlook remains strong and stable as we apply the rigor and discipline of our proven operating model across our world-class portfolio. Our five-year outlook reflects improving production and costs as we continue to deliver value from superior operational and project execution,” said Tom Palmer, President and Chief Executive Officer. “Our strong financial position allows us to continue investing in profitable, organic growth while simultaneously returning cash to shareholders through our industry-leading dividend framework.”

Riverside Resources and Hochschild Mining Progress with Exploration Work at the Cuarentas Project, Sonora, Mexico

“Exploration is progressing well with the trenching and sampling on the additional targets along the primary Testerazo structural trend. Our team is building confidence in Centro and Santa Rosalia Sur targets and will continue progressing the exploration of this well-endowed district. After years of work on various parts of the district it is exciting to see the drilling going well and defining at least 4 separate shear zones, vein zones with gold mineralization present at the surface. We see interesting potential here for upside expansion from past mining operations.”

VanGold Has Successfully Cleared the Pinguico Shaft to Adit Level 7

VanGold Director Hernan Dorado Smith said, “The importance of having access to Level 7 from the Pinguico shaft cannot be overstated. This is the first time in decades that this area of the mine – the highest grade mine in the Guanajuato region when it was in production – has been accessible for exploration and development.”

Tocvan Provides Update on Maiden Drill Program.

“The ability to quickly mobilize equipment and field crews to Pilar is a testament to the strong team we have here in Mexico,” commented President and CEO Derek Wood. “After visiting the site this past week, I am very happy with the progress to date and look forward to continued exploration at Pilar. Tocvan is excited to lead the advancement of Pilar and would like to thank all of the field crews for their efforts.”

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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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.