Empress Executes Tahuehueto Silver Stream
“We are excited to be working with Telson and our strategic partners to get this remarkable asset into production,” stated Alexandra Woodyer Sherron, CEO and President of Empress.
“We are excited to be working with Telson and our strategic partners to get this remarkable asset into production,” stated Alexandra Woodyer Sherron, CEO and President of Empress.
“Facing ongoing operational difficulties due to Covid-19 in Peru and México, the Company performed relatively well during the first quarter with a 4.5% increase in consolidated throughout as well as record quarterly throughput at Yauricocha. These results were despite of other additional challenges, including a power failure at the Cusi Mine resulting from the large scale power outage originating in Texas.”
The closing of the Empress US$5M Stream is the second stage of a larger US$25 million financing package organized by an investor syndicate with members Accendo Banco S.A. de C.V., Empress Royalty Corp., & Endeavour Financial as detailed in Telson’s February 23rd news release.
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.
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.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Mexico Mining Center © 2021 / All Rights Reserved