Guerrero Ventures Inc. is pleased to announce the voting results of its annual and special meeting of shareholders held today virtually via a live audio webcast.
“We are pleased to bring the mine back into production, with the emphasis on the health and safety of our people,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “We continue to have no known cases of COVID-19 at any of our operations in part due to our early adoption of measures that protect our workforce and their communities.”
“In this challenging global environment, our focus, above all else, has been the health and safety of our employees and stakeholders,” said Paul Benson, President and CEO. “The operations produced over 107,000 gold equivalent ounces for an outstanding start to the year as the suspension of operations at Puna and Seabee occurred late in the quarter. We continue to closely monitor local and national developments in each of the countries in which we operate, with our overarching priorities being the well-being of our people and a continued focus on long-term shareholder value.”
The Company intends to use the proceeds of the Private Placement to further explore the Zacualpan land package such as Veta Grande open pit and gold anomalies at Valle De Oro, Dense Media Separation (DMS) engineering studies on the Capire Volcanic Massive Sulphide resource mill and production center, ongoing efficiency improvements at the Guadalupe production mill, as well as general working capital purposes.
“Trading on the OTCQB will expand the Company’s investor base both broadly and to U.S. investors and equips Vizsla with increased exposure and liquidity in the United States ,” said Michael Konnert , President and CEO. “We are very excited to start trading on the OTCQB, which represents another step in Vizsla’s growth.”
Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,750,000.
The government’s decision to allow miners to operate again comes at a good time for the sector, according to some analysts. Gold prices have broken through critical resistance and are trading near fresh seven-year highs. June gold futures at last traded at $1,768.60 an ounce, up 0.41% on the day.
Agnico Eagle Mines Limited is providing an update following the announcement by the Government of Quebec on April 13, 2020 to add mining operations to the list of priority activities and services that are permitted to operate while the Province responds to the COVID-19 pandemic. Pursuant to the Government of Quebec’s announcement, mining activities will be permitted to resume in a gradual and supervised manner beginning on April 15, 2020.
Oroco Resource Corp. announces that it intends to apply to the TSX Venture for approval to amend the term of 1,805,000 outstanding share purchase warrants by extending the Exercise Period by three months from May 3, 2020 to August 3, 2020. The Company has not applied for any change to the exercise price of $0.32 per share.
DynaResource, Inc. and its subsidiary DynaResource de Mexico S.A. de C.V., the 100% owner of the San Jose de Gracia high grade gold project in Sinaloa, Mexico, are pleased to announce that on February 20, 2020, a Mexico City court issued its Final Judgment, effectively foreclosing on all shares of DynaMexico formerly held by Goldgroup Resources, Inc., and awarding those shares to DynaMexico.
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