Month: January 2021

Vizsla Expands Napoleon Further Towards Surface, to Depth and to the North at Panuco Project, Mexico

Vizsla President and CEO, Michael Konnert, commented: “We continue to grow the area of mineralization at the Napoleon discovery in all directions with drilling. We are particularly encouraged with the wide zones remaining open in the deepest drilling. The greater Napoleon corridor has significant potential, and the Company continues to expand both the Napoleon zone and the Papayo zone and is adding rigs to systematically explore the entire 2.7 kilometre long vein corridor. Vizsla is well-funded as it continues its aggressive exploration of the Panuco district.”

Capstone Advances Two Operational Growth Projects to Sustain 200 Mlbs Copper Production Starting in 2022

“This is the first year of a multi-year growth phase for Capstone that will target 40% higher production with 15% lower costs by 2022, compared to last year’s guidance,” said Darren Pylot, President and CEO. “In the coming weeks, we will close the $150 million silver stream announced last month with Wheaton Precious Metals and it will allow Capstone to become debt free in 2021, while operating in this strong copper price environment.”

VanGold Increases Placement to $12,600,000

The Private Placement remains subject to acceptance of the TSX Venture Exchange and is expected to close immediately prior to or concurrent with the Company’s acquisition of the El Cubo mine and mill complex.

Discovery Announces 2021 Work Program & Budget at Cordero

Taj Singh, President and CEO, states: “We anticipate 2021 will be a transformative year where we firmly establish Cordero as one of the few silver projects globally that offers margin, size and scaleability. Our focus is to both de-risk the Project by delivering a technically robust PEA, and to deliver resource growth, by expanding known zones and making new discoveries.

Mexus Continues To Meet Its Production Goals at Santa Elena Mine

“Mexus continues mining at the Mexus III area where a potent shear zone is being followed. Assayed results are showing between .7 to 1.3 g/t Au with approximately 600 tons a day being moved to the crushing plant. Leaching continues to produce .2 to .35 ppm Au at 60 gpm producing 3 ozs per day which is expected to double by February 1st.”

Updated Off-take Contract Executed with Penoles

Consolidated Zinc Limited is pleased to announce its 100% owned subsidiary, Minera Latin American Zinc SAPI de CV has executed an agreement with Industrias Penoles S.A. de C.V. to reduce the transport costs/allowances of Plomosas concentrate delivered and sold to Penoles under an extended offtake agreement for the sale of 100% of the Plomosas zinc concentrate.

MAG Silver Announces the Appointment of Jill Neff as Corporate Secretary

“We are very pleased that Jill has joined MAG.” said George Paspalas, President and CEO. “Jill brings excellent relevant corporate secretarial experience to us, which will be instrumental as we continue to add value for our shareholders and continually improve our corporate governance.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.