Month: November 2021

SSR Mining Reports Third Quarter 2021 Results

Rod Antal, President and CEO said, “The third quarter of 2021 again demonstrated the strong operational and financial results synonymous with SSR Mining, as the Company delivered production of 186,941 gold equivalent ounces at AISC of $1,006 per gold equivalent ounce.”

Fabled Continues To Intercept Mineralized Structure and Breccia, Intensity And Grade Clearly Increases with Depth

Peter J. Hawley, CEO and President, remarks, “We are pleased to announce additional drill assay results for surface diamond drill hole SM20-37 which is drilled at depth under drill fence SM20-28, SM20-29 and SM20-30. SM20-37 continued to intercept the previously encountered dike and related breccia, and clearly demonstrates gold, silver and base metal enrichment, such as lead, zinc and copper, along with grade and amounts of sulphides, each of which are increasing with depth.”

Kootenay Silver and Kootenay Resources Announce Completion of Spin-Out Transaction

Kootenay Silver Inc. and Kootenay Resources Inc. are pleased to announce that the spin-out transaction whereby Kootenay Silver spun-out 80% of the common shares of Kootenay Resources to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement was completed effective at 12:01 a.m. (Vancouver time) on October 29, 2021.

Tarachi Announces Positive Metallurgy Results from Magistral Tailings Project

Tarachi CEO, Cameron Tymstra, commented: “The latest leaching results for Magistral strongly indicate our processing plant’s ability to leach and recover a significant portion of the contained value in the tailings material with minimal effort. We have always looked at Magistral as not just a means to generate significant cash flow for Tarachi, but to do so with one of the smallest carbon footprints per ounce of gold in the industry.”

Agnico Eagle Provides an Update on Exploration Results: Extension of East Gouldie Deposit on the Rand Malartic Property 1,500 Metres from Current Mineral Resources Outline; Additional High-Grade Gold-Copper in Footwall Zone at Upper Beaver in Kirkland Lake; Exploration at Hope Bay Continues to Expand Doris and Madrid Deposits; Drilling at Santa Gertrudis Identifies New High-Grade Mineralization

“Strong drill results continue to demonstrate significant exploration upside at several of our mines and key pipeline projects. The 2021 exploration program is the most ambitious in Agnico Eagle’s 64-year history, as we investigate the full potential of existing operations and key projects in the Company’s pipeline,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer.

Discovery Silver Releases Inaugural ESG Report

Taj Singh, President and CEO, states: “We are excited to share our inaugural ESG report as part of Discovery’s evolution. We believe that ESG management is a key component of delivering long-term value and business resiliency.”

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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.