Day: February 24, 2021

Gold Resource Corporation Reports Net Income of $4.4 Million, Revenue of $90.7 Million and Mine Gross Profit of $12.5 Million From Continuing Operations for the Year-Ended December 31, 2020

Allen Palmiere, President and CEO, said “Our Don David Gold Mine located in Oaxaca, Mexico delivered solid production results during a demanding 2020 amid the COVID-19 global pandemic. While COVID-19 is expected to remain a challenge in the short to medium term, our team has done an admirable job managing the situation and it is a testament to our operations team and their adaptability and resilience.”

GR Silver Mining Appoints Brenda Dayton as VP Corporate Communications

“We are very excited to have attracted a highly qualified Corporate Communications specialist to join GR Silver Mining. Brenda brings a unique mix of experience and energy to the position and we look forward to her playing an important role in the communication of GR Silver Mining strategy of maximizing the returns on our exceptional asset base for the benefit of our shareholders.”

Prime Mining Named to TSX Venture Exchange “Venture 50”

Prime Mining Corp. is pleased to announce that it has been named to the 2021 TSX Venture 50, an annual ranking of top performing listed companies from five industry sectors including, Mining, Oil & Gas, Clean Technology and Life Sciences, Diversified Industries and Technology.

Chesapeake Gold Announces 2021 Work Program Appointment of Carl Edmunds as Special Advisor

Chesapeake’s CEO, Mr. Alan Pangbourne, commented, “Our 2021 work plan is the first step forward in Chesapeake’s goal to unlock significant value for our shareholder’s by progressing the Metates project forward as a scalable sulphide heap leach operation. We look forward to releasing key information related to the drilling program and testwork progress throughout the year.”

Colibri to Acquire 100% Interest in Diamante Gold and Silver Project Adjacent to El Mezquite Project – Assays up to 39.8 g/t Au and 3,160 g/t Ag

“We are extremely happy to negotiate this favourable and timely deal with Bimsa Minera. The Diamante project sits directly beside our highly prospective El Mezquite project currently being mapped and sampled in preparation for a near-term maiden drilling program. The historical sampling and conceptual geological model for the Diamante property also indicate a favorable environment for finding potential deposits,” said Colibri President & CEO Ron Goguen.

SilverCrest Announces Initial Drill Results for El Picacho Property; 21 Drill Hole Intercepts Average 4.1 Metres (ETW) Grading 660 gpt AgEq

N. Eric Fier, CPG, P.Eng, and CEO, remarked, “We acquired El Picacho only six months ago, and in this short time period, SilverCrest’s exploration team has negotiated surface rights, completed preliminary geological surface and underground exploration work, received a five-year drilling permit, set up a COVID-19 isolation camp with strict protocols, and have already made some significant discoveries. Drilling will continue throughout the year, with an approved total 2021 exploration budget of US$42 million for mostly the Las Chispas Project with some allocated to El Picacho based on success.”

Capstone Beats 2020 Production and Cost Guidance

“Last quarter we saw outperformance at both operations delivering operating cash flow of $67 million, which marks the beginning of very strong financial metrics across the business, moving forward in this current $4.00 copper price environment,” said Darren Pylot, President and CEO of Capstone.

Ramón Dávila Added to VanGold Advisory Board

Mr. Davila is joining VanGold’s Advisory Board that now consists of mining lawyer and entrepreneur Stuart ‘Tookie’ Angus; public company executive and financier John Budreski; and seasoned exploration geologist Greg Hawkins.

Oretest is a mining exploration drilling contractor based in Mazatlán, Sinaloa, México. The company is managed by Bart Forsyth, with 36 years of extensive drilling experience on most continents with major companies. The company takes great pride in providing high-quality services while making safety a priority. Maintenance, cleanliness, precision and proper drilling habits makes a good safety environment and produces results.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.