Month: September 2021

SilverCrest Completes Second Tranche Drawdown of its Credit Facility for US$30 million

The funds will be used towards the continued construction of the Company’s Las Chispas Project located in Sonora, Mexico. At the end of H1, 2021, Las Chispas construction progress was at 33% compared to a scheduled completion of 28% and the Company anticipates reaching approximately 80% completion of construction by the end of 2021.

Bylsa Drilling se Llevó a Cabo Donación de Pruebas COVID a Hospital Comunitario

Recientemente en una reunión celebrada en Palacio Municipal, la empresa “BYLSA DRILLING”, efectuó la entrega de pruebas para diagnóstico de Covid que se manejarán en Hospital Comunitario de Álamos, mismas que fueron entregadas por parte de Lic, José Luis Valdez Solano y Lic, Lupita Valdez Valenzuela, representantes de la organización quienes efectuaron el donativo que tienen como objetivo beneficiar a la ciudadanía.

Fortuna Announces Changes in Management Team

Jorge A. Ganoza, President and CEO, commented, “The announced changes in Management are aligned with the organizational demands of our growing business in Latin America and the integration of Roxgold in West Africa.”

Empress Royalty Announces Debt Agreement

Empress Royalty Corp. is pleased to announce that it has entered into an agreement with Accendo Banco, S.A., Institución de Banca Múltiple for the provision of a secured medium-term bridge loan facility the in the amount of US$5.2 million.

Torex Gold Releases 3-Year Production Outlook for ELG

“A key strategic priority for Torex over the last 12 months has been to optimize and extend mining operations at ELG. With the recent approval of the El Limón pushback and ongoing contribution from the ELG Underground, Torex is well on the path to delivering a smooth transition between ELG and the ramp up of Media Luna.”

GSilver Begins Drilling at El Cubo Provides Update on Mill Reopening

Guanajuato Silver Company Ltd. is pleased to announce that underground infill and expansion drilling has commenced at its El Cubo mine located 11km east of the city of Guanajuato, Mexico. Meanwhile, re-commissioning of the Company’s primary crusher has been completed in anticipation of the re-commencement of operations at the El Cubo processing plant.

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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.