Month: February 2021

Silver Wolf Provides Update on Mexican Silver Property Option Agreement and Announces Non-Brokered Private Placement

“We are very pleased to receive conditional approval and we look forward to commencing exploration work on our strategic silver exploration assets in this well-known prolific carbonate replacement deposit (CRD) district” said Peter Latta, President. “Our initial focus will be the Ana Maria property, situated only a 30 minute highway drive from the international airport in the City of Torreón. We have an experienced team in Mexico to lead the work, as well as an industry-leading consulting geologist here in Canada, who are all working to build knowledge and confidence in the Ana Maria property.”

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.”

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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.