Mr. Jonathan George, CEO, commented “We are very excited to have someone of Andrew’s caliber join the team to add value to all stake holders. His extensive background and experience in both technical and capital markets will aid us as we advance our Rebeico project and evaluate prospective opportunities in Mexico.”
Sailfish Royalty Corp. would like to remind its shareholders that on November 9, 2018, the Company was granted the option to acquire the Gavilanes silver property located in Durango, Mexico as part of the restructuring of the original gold stream on San Albino.
Zanzibar Gold Inc. is pleased to announce that Minerales De Tarachi S. de R.L. De C.V. has signed an option agreement with the Company for an option for the Company to earn a 100% interest in the Sonora Gold mineral concessions in the mining district of Benjamin Hill in Sonora, Mexico.
“In the span of only 18 months, we have been able to discover over 100 million tonnes of polymetallic mineral resources through this exciting skarn deposit at La Colorada. Exploration drilling continues to demonstrate the extent of the mineralized system, which remains open in nearly all directions for resource expansions,” said Christopher Emerson, Pan American’s Vice President Business Development and Geology.
Bradford Cooke, Endeavour CEO, commented, “I am pleased to report that notwithstanding the suspension of mining operations during the 2nd quarter due to the COVID-19 pandemic, Endeavour was able to reduce its net loss quarter-on-quarter, as each mine generated positive Mine Free Cash Flow thanks to improved operating performance and higher precious metal prices. After the mines restarted, we were able to outperform our adjusted mine plans in June. We are now looking for opportunities to enhance safe production in H2, 2020.”
Mexus Gold US announced that production at its Santa Elena mine in Caborca, MX continues with positive results.
The net proceeds from the Offering will be used principally to fund Sonoro’s previously announced exploration and development plans at its Cerro Caliche Project located in Sonora, Mexico and project property maintenance payments, and secondarily for corporate and general administrative expenses.
Luis Marchese, CEO of Sierra Metals commented, “The Yauricocha Mine had a good second quarter despite the negative implications of the COVID-19 related shutdowns.”
Hasta el momento, Minera Saucito es la primera filial de Fresnillo PLC en obtener la certificación internacional ISO 45001: “Sistemas de gestión de la seguridad y salud ocupacional en el trabajo“, por parte de la compañía internacional BSI Group, debido a la implementación de acciones para disminuir riesgo de lesiones y enfermedades recurrentes en el sector.
“Siempre tuvimos claridad que no teníamos relación con la posible afectación de las pozas, pues nuestros altos estándares ambientales cumplen con la regulación nacional e internacional y jamás pasaríamos por desapercibido un incidente ambiental,” precisó Luiz Camargo, Director País de Compañía Minera Cuzcatlán.
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