Day: July 26, 2021

Vizsla Provides Update on Panuco Project

President and CEO Michael Konnert stated, “Vizsla’s top priority remains the health and safety of both our team and the communities in which we work. This current wave of the COVID-19 virus is the most significant experienced to date in southern Sinaloa. As such, the Company feels it is prudent to play its role in helping to minimize the potential risk of transmission. A temporary, two-week pause of all activities, including drilling at Panuco, has commenced and travel to and from site halted.”

Southern Silver Receives Technical Approvals for a Drill Program to Test Several Copper Targets at the Oro Project, New Mexico

Southern Silver Exploration Corp. reports it has received approvals, pending posting of bonds, from the New Mexico Mining and Minerals Division, the New Mexico State Land Office, and the Bureau of Land Management for a six-hole diamond drilling program to test several copper porphyry and skarn targets at its wholly owned Oro property, located in southwestern New Mexico, USA.

SilverCrest Appoints Clifford Lafleur as VP Technical Services

Pierre Beaudoin, Chief Operating Officer remarked, “We are excited to have Cliff join our technical team as we gear up for the next phase of the Company. Cliff’s expertise in underground mining operations, engineering and mine geology will add depth to our already experienced team.”

Gatos Silver Extinguishes Its Los Gatos Joint Venture Debt Obligation

Stephen Orr, the Company’s Chief Executive Officer, stated: “The retirement of the LGJV Term Loan is a major milestone in Gatos Silver’s path of creating substantial shareholder value since the Company’s IPO in October 2020. With the Cerro Los Gatos (‘CLG’) mine and processing facility now operating above design capacity, record-breaking production was achieved in the second quarter. CLG is now generating strong cash flows to fund additional performance improvement initiatives and exploration at the Company’s vast and highly prospective property positions in Mexico.”

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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.