Month: August 2021

Nomad Royalty Company to List on the NYSE

Nomad’s Chief Executive Officer, Vincent Metcalfe, commented: “Listing on the NYSE represents a significant milestone in the growth of the Company. The listing will materially increase Nomad’s exposure to a larger and more diverse group of institutional and retail investors as we continue to grow our portfolio of precious metals royalties and streams.”

Kootenay Silver Announces Spin-Out of Canadian Assets

James McDonald, Kootenay’s President and CEO stated, “We believe the spin-out of the Canadian Assets will be very beneficial to shareholders. Among other benefits, it will unlock the value of the Canadian Assets by allowing it to be developed separately, by a skilled and experienced management team, and it will allow our shareholders to own shares in two companies.”

Alamos Resumes Drilling on Los Venados

Aloro Mining Corp. is pleased to announce that Alamos Gold Inc. has informed Aloro that after a short break and evaluation it has resumed its reconnaissance drill exploration program on the Los Venados claims, Mulatos District, Sonora Mexico.

Vizsla Provides Update on Progress at Panuco and Outlines Key Objectives

Vizsla President and CEO, Michael Konnert, commented: “Although we’re eager to resume drilling, the health and safety of our employees and our communities is paramount. While drilling activities have been suspended, our technical team has used this unplanned downtime to refine our geologic model, identify critical path milestones and improve targeting strategies for the remainder of the year.”

Sonoro Announces Metallurgical Column Testing of Cerro Caliche Mineralization Returns Average Recoveries of 74% for Gold

Sonoro’s President and CEO, Kenneth MacLeod, stated, “We are pleased that the average recovery rate obtained from these definitive tests exceeds the projected 72% recovery rate used in the Company’s July 26, 2019, NI 43-101 Technical Report which provided the project’s maiden mineral resource estimate. We’re also pleased that the tests demonstrate similar positive metallurgical recoveries across the entire resource area.”

Phase 5 drilling commences at Radius’s Amalia Project, Mexico

Pan American Silver Corp., the project operator, plans a minimum 3500m diamond core drilling with a second rig to be deployed to test the El Cuervo target in the coming weeks. The current drill program will be fully funded by Pan American pursuant to its option to earn an interest in the Amalia Project.

Xali Gold Submits Exploration Permit Application and Plans Drill Program for El Dorado

Xali Gold Corp. is pleased to advise that exploration permit applications have been submitted for the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. Based on the new 3D model, which identified high-grade mineralization occurring in multiple parallel veins at a spacing close enough to potentially access several veins through common development workings, a drill program with a minimum of 2000 meters is planned for Q4 2021/Q1 2022.

Spike in COVID-19 Cases at Gold Resource Corporation’s Don David Gold Mine Necessitates Temporary Ramp Down of Certain Activities

Gold Resource Corporation considers the health and safety of its workers and host communities a fundamental priority of the Company’s operations. Like many other countries, the highly contagious COVID-19 delta variant has had a devastating impact on Mexico. In the last three days, the number of individuals in isolation at the Don David Gold Mine has climbed to 102, stretching our camp and extra accommodations in the local communities to the limit.

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.

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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.