Xtierra Reports 2019 Results
April 30, 2020
Acquires Controlling Interest in Mexican Explorer Minera Portree De Zacatecas
Menu
Menu
Acquires Controlling Interest in Mexican Explorer Minera Portree De Zacatecas
MAG intends to use the net proceeds of the Offering to fund exploration and development of the Juanicipio Project and for working capital and general corporate purposes.
“We had a strong start to the year with production improving from previous quarters,” stated Brendan Cahill, President and CEO. “Silver and lead production, in particular, were significantly higher than recent quarters.”
“This initial phase of our ongoing drill activities at the Santana project was intended primarily to confirm the margins of the Nicho mineralization as we work to optimize open pit modelling for the pending start of mining operations. Rather than closing off the limits of the deposit in this area we have demonstrated significant potential for further expansion to the south and southwest” stated Darren Koningen, CEO of Minera Alamos.
9,987 tonnes ore mined during the quarter grading 16.6% zinc 8.4%, lead and 51.3 g/t silver, up from the December quarter.
“Todos estamos llamados a colaborar, por lo que debemos como ciudadanía hacer conciencia sobre cómo podemos ayudar a nuestra comunidad. En este caso, los proyectos mineros de la zona, pertenecientes a la empresa Fresnillo PLC, actúan como un vecino responsable en tiempos en los que actos de solidaridad valen el doble”, manifestó.
Capstone Mining Corp. announced the voting results from its 2020 Annual General and Special Meeting held April 29, 2020 in Vancouver, British Columbia.
Minera Alamos Inc. will postpone filing its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019 (collectively the “2019 annual documents”), due to logistics and delays caused by the COVID19 pandemic.
Bradford Cooke, CEO, commented, “We look forward to bringing our mines back to production in a safe and orderly manner. Naturally, we will continue to apply all aspects of our coronavirus plan to maintain the health of our people and the local communities.”
“Despite the temporary challenges with COVID-19, Alamos remains well positioned for a strong second half of the year.”
Mexico Mining Center © 2021 / All Rights Reserved
