“Beyond some additional Mineral Resource drilling, we see the next steps at Los Ricos South, in conjunction with our primary technical consultant P&E Mining Consultants Inc., as being a Preliminary Economic Assessment which we will endeavour to complete before year’s end,” said Brad Langille, President and CEO.
“While we knew the Phase 3 drilling was completed at La Joya, we were exceptionally pleased to learn the program returned the highest-grade silver, copper and gold hits to date from the Main Mineralized Trend,” said Mike Romanik, President of Silver Dollar.
“We are happy with the progress at Pilar. Almost all historic drilling at Pilar has been at shallow depths extending to approximately 125m in the “Main” and the “North Hill” zones. This new data highlights that there are several untested areas at Pilar and that there is excellent potential to extend mineralized to a greater depth and along strike. Colibri shareholders truly stand to benefit greatly going forward should follow up drilling programs confirm this theory,” stated Ron Goguen, President and CEO of Colibri.
La estadounidense Coeur Mining acusa que el SAT no le devolvió esa cantidad por concepto del IVA.
Paul Ray, Director of El Alamo Resources Ltd and CEO of Raptor Capital International Ltd stated “The closing of the SPA represents an important first step in developing the Santa Teresa Gold Project into a high-grade operating gold mine. The acquisition by Comet adds a well credentialed Board and Management team that have over 50 years of combined exploration, development and mining expertise. The pending gold stream financing by Raptor, which is subject to definitive documents being finalised, is expected to fully fund the Project into production. We are looking forward to working together with the Comet team on this exciting Project.”
Major significant large structures (“plumbing”) with significant depth extents containing additional structures favorable for gold-silver mineralization have been recognized on the property. These standout features cover a large area extending across the property from the NW to the SE.
The Company will use the net proceeds of the Private Placement to fund a focused drill program at the Peñoles Gold-Silver Project, additional project acquisitions and general corporate purposes.
“We are excited to welcome Sylvain to the Orla team. The addition of this capable individual reinforces our commitment to focus on exploration within our 178,000 hectares of concessions. These concessions are situated along the prolific San Tiburcio fault system in Zacatecas, Mexico, and within a geologically prospective area for copper and gold in southwestern Panama. We expect to continue to make more discoveries, expand our resource base, and advance our project pipeline to create value”, stated Jason Simpson, President and Chief Executive Officer of Orla.
Jacques Vaillancourt, Executive Chairman of Redstar Gold Corp. stated: “We are pleased to close this strongly supported equity financing that was oversubscribed from the start. With approximately C$10,000,000 in cash and investments, we now have the funds needed to commence drilling at our Unga project in Alaska and to begin exploring the Heliodor properties in Mexico. We are especially pleased to welcome Charles Funk to the role of CEO and look forward to providing regular updates on our exploration programs throughout the rest of 2020.”
“We’ve had normal ups and downs that any new miner experiences when implementing new processes. The crew at the mine have done a great job of adjusting and fixing issues as they’ve arisen. Mexus will continue to increase production each quarter,” CEO Paul Thompson, Sr.
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