Year: 2021

Barksdale Commences Drilling at San Javier

Rick Trotman, President and CEO of Barksdale stated: “This is the first drill program in Barksdale’s corporate history, and we couldn’t be more excited to start testing the initial targets at San Javier. I was in Mexico to oversee the start of the program and am very pleased with the quality and professional nature of our team, including the drill crew. We look forward to providing additional updates as we advance the drilling program and begin to release technical updates to the market.”

Gatos Silver Reports Record Second Quarter 2021 Financial Results

Stephen Orr, the Company’s Chief Executive Officer, stated: “We are extremely pleased with Gatos Silver’s performance improvement during the first half of 2021. Q2 was a record quarter on many financial and operational fronts, with CLG achieving record tonnes, recoveries, metal production and revenue.”

GSilver Begins Stockpiling Vein Material at El Cubo

Hernan Dorado, GSilver’s Chief Operating Officer commented: “At GSilver we have always planned to use an experienced and specialized mine contracting group as we restart El Cubo. In this way we can defer significant amounts of capital expenditures and rely on the experience of our contracting partners. We plan to have our ‘in-company’ workers commence El Cubo operations in parallel with our contract miners from MGA.”

MAG Silver Reports 2020 Juanicipio Drill Results 110 Holes (39,700 meters)

“As we begin ramping up into full scale production it is a rare luxury to be firming up and extending the deep mineralization that has high potential to add tonnes, grade and years to our mine life”, said George Paspalas, MAG Silver’s President and CEO. “We are delighted to continue seeing the consistent high grades, thicknesses and continuity at depth that we have come to expect from the Valdecañas Vein System, but we are equally pleased that the detailed definition drilling is helping to get the entire operation off on the right foot through better understanding of the top of the vein. Added to the knowledge and benefits we’re getting from processing development material at the Fresnillo mill, we look forward to a successful plant start up this fall.”

Aztec – Kootenay JV Outlines New Gold-Copper-Molybdenum Geochemical Soil and Rock Anomalies on the Cervantes Porphyry Gold-Copper Property in Sonora, Mexico

The Aztec-Kootenay JV has approved a Phase 2, 22-hole, 5,000 m reverse circulation drill program to commence in the 4th quarter, 2021 subject to available funds. Four main targets will be tested. The primary objectives of the 2021 exploration program are to better define the open pit, heap leach gold potential of the porphyry oxide cap at California, evaluate the potential for deeper copper-gold porphyry sulfide mineralization underlying the oxide cap, test for north and west extensions of the California mineralization at California North and Jasper, and assess the breccia potential of Purisima East.

Torex Gold Reports Second Quarter Results and Provides Strategic Update

“Following the excellent performance through the first half of the year, we are well on track to deliver on full year production and cost guidance. The solid operational performance delivered by our team resulted in another strong financial quarter for Torex, with adjusted EBITDA of $122.1 million and adjusted net earnings of $47.4 million.”

Hecla Reports Second Quarter 2021 Results

“Despite the continuing pandemic, Hecla had near record results across a number of metrics improving on the consistent performance of the past two years,” said Phillips S. Baker, Jr., Hecla’s President and CEO.

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