Day: February 17, 2021

Pan American Silver Reports Record Operating Cash Flow of $462.3 Million in 2020

“Pan American delivered strong financial performance in 2020, generating a record $462.3 million in operating cash flow, which enabled us to fully repay all bank debt, double our quarterly dividend to shareholders, and grow our cash balance at year end,” said Michael Steinmann, President and Chief Executive Officer

United States Antimony Corporation Announces Closing of $14.3 Million Registered Direct Offering

The Company intends to use the net proceeds from the offering for general corporate purposes and working capital, including to improve infrastructure at its Mexico and Montana antimony installations, to improve infrastructure at its Idaho zeolite operation, to fund a geochemical, geological and geophysical program at its Los Juarez property, to fund corporate governance expenses, and to retire certain indebtedness.

Silver Spruce Contracts Eagle Mapping to Undertake LiDAR Survey and Provides Update on Pino de Plata Ag Project, Chihuahua, Mexico

“We are continuing to build our digital database for Pino de Plata while negotiating the landowner agreement to permit drilling on several highly promising silver targets. The new LiDAR data will notably enhance our topographic control for the Phase 1 drill collar optimization and provides another value-added 3D element to our overall geological and structural compilation prior to the planned subsurface exploration,” said Greg Davison, Silver Spruce Director and VP Exploration.

Brigadier Intercepts 12.62 g/t Gold and 78 g/t Silver with 4.5% Copper Across 0.8 Metres at Picachos

Geologist and Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), Michelle Robinson comments “results of our phase-one program at Picachos imply a robust and geographically expansive mineralized system for which we have only just scratched the surface. I am very pleased with our results, in particular the number of targets demanding follow up drilling or for newly discovered zones, a first ever drill hole. The Cocolmeca vein structure (CVS) is persistent and strongly mineralized and I look forward to expanding the depth and strike length in 2021, as well as continuing the exploration of the rest of the CVS, particularly in the central Cocolmeca area.”

GR Silver Mining Reports Drilling Results in the San Juan Area

“The Company continues to outline a much larger epithermal system in the San Juan Area of the Plomosas Project. The recent drilling data at the San Francisco Vein delineates additional zones of epithermal veining and hydrothermal breccias, extending existing structures 200 m to the south. The integration of the San Juan Area with the potential acquisition of concessions between the San Marcial and Plomosas Projects delineates an initial 4 km long, 100%-controlled north-south mineralized corridor. This corridor represents only one of the nine mineralized corridors under exploration by the Company inside the Plomosas Silver Project…”

Capitan Mining Drills 64m of 0.59 g/t Gold Equivalent; Including 25.8m of 0.87g/t Gold Equivalent, and Provides Review on 2020 Drilling Campaign

“We are excited to see how drilling at the El Capitan oxide gold zone at the Penoles project is expanding gold mineralization down-dip and along strike from the drilling that was used for the maiden 43-101 Resource (2015). In addition, the discovery and delineation of the Hanging Wall Zone provides an opportunity to expand the near-surface gold mineralization and enhance the overall project.”

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