Year: 2021

Permitting is also progressing well and final permits are expected to be received within approximately one month. Sun River has also advised that most of the equipment required for the reprocessing operation has been procured.

Chesapeake Gold Corp. wishes to report that a 16 hole infill drill program will commence in November on its world class, Metates gold-silver project located in Durango State, Mexico.

“We have had another solid quarter of production from Platosa at the higher productivity rates that we have realized since Q3 2020,” stated Brendan Cahill, President and CEO. “We realized good improvements in mill recoveries late in Q3, which we continue to see as Q4 processing has commenced.”

Newmont Corporation will appoint Peter Toth as Executive Vice President, Strategic Development, a 25-year veteran of the industry to support positioning the Company for the next 100 years of strategic growth for its stakeholders. Toth will join Newmont effective July 1, 2022.

A proposed mining overhaul from Mexico’s president that seeks greater government control over the sector has swung the ruling party back to its nationalist leanings and alarmed industry leaders.

“With the success of the first year of exploration in Mexico, we are very pleased to announce that our interest in the mining concessions covering the Copalquin gold-silver district has reached 25% as we progress ownership to 100% via our purchase option agreement.”

James McDonald, President & CEO, commented “We are very pleased to substantially increase our land position surrounding the original Columba project, which continues to yield high-grade silver intercepts from several areas on the property. As a result, the Company believes the newly expanded Columba land package represents an excellent district-scale exploration opportunity that will provide potential for high-grade silver discoveries.”