Year: 2020

“The Company and its advisers continue to assess new projects and identified an opportunity to secure an exploration footprint in northern Greenland on strike and adjacent to the world class undeveloped Citronen zinc-lead project. Greenland is known for its low-sovereign risk, prospective geology and great potential in the resource sector.”

Capstone Mining Corp. has today filed on SEDAR a National Instrument 43-101 compliant technical report titled “NI 43-101 Technical Report on the Cozamin Mine, Zacatecas, Mexico” for the updated Proven and Probable Mineral Reserves and positive results announced on September 9, 2020.

Douglas Fulcher, CEO and director of the Company commented, “we have confidence in the innovative services that Cognitive provides, not only its in-depth knowledge of technologies but also its leading-edge approach to increasing capital market awareness.”

“The ramp-up of our drilling program has been slower than planned due to difficulty staffing the three contract rigs at site.”

In February 2020, the Company announced that an illegal blockade was put in place at the Cosalá Operations by a group of individuals including a small minority of the Company’s hourly workforce.

In the quarter, the first production stope at Juanicipio was completed on time and, as expected, we are now processing development ore at the Fresnillo plant.

Carlos Silva, CEO of Santacruz stated; “Receiving recognition for IRMA Transparency is an important milestone as we advance along IRMA’s process.”