Jeremy Bond commented on the reason for Terra Capital increasing its shareholding in Empress: “Since its inception less than one year ago Empress has developed a unique business strategy and transformed itself through the creation of three new royalties and streams on development stage projects.”
“This decision is incomprehensible from a legal and factual perspective and is founded upon a circumstance that never existed,” stated Brendan Cahill, President and CEO.
Altaley Mining Corporation is pleased to announce that it has retained Venture Liquidity Providers Inc. to initiate market-making services to aid in maintaining an orderly trading market and improving the liquidity of Altaley’s common shares.
Brad Marwood, Managing Director of CZL advised “The issues with the mill are disappointing particularly after an independent prepurchase inspection was commissioned. But the performance of the site team who have addressed each issue and have a plan to improve plant availability and plant utilisation, is pleasing and positive. Once completed the modifications and refinements are expected to deliver superior performance.”
Darren Pylot, Capstone’s President and CEO commented, “Our 2020 Sustainability Report reaffirms our unwavering commitment to sustainability and is a reflection of the key role that sustainability improvements play in our business and our long term goal of creating value for all stakeholders.”
“We are actively exploring the El Mezquite with our maiden drill program, and another team is continuing the Phase 2 geological mapping on Jackie, and look forward to compiling the hyperspectral data from rock samples and drill chips with the broad strokes of the ASTER/LANDSAT alteration fields for enhanced target definition.”
“We’re pleased to release our first Sustainability Update which outlines our vision, values, and achievements related to ESG practices. Silver is a metal that is a key component of the emerging green economy. As we remove old mine tailings from within the city of Parral, we produce silver at a low carbon footprint of 0.004 tCO2e per ounce of silver produced,” said Brad Langille, President and CEO.
The net proceeds from the financing will be used for development activities at the Camino Rojo Oxide Gold Project and at the Cerro Quema Oxide Gold Project, exploration activities, technical studies on the Camino Rojo Sulphide Project, and for general corporate purposes.
Duane Poliquin, Chairman of Almaden, stated “We would like to thank our shareholders for their support. Mark Brown did not stand for election to the Board this year as he has decided to focus on other business interests. We thank Mark for his years of service to the Company. At the same time, we welcome Ria Fitzgerald as a new Almaden Board member.”
Arturo Bonillas, President and CEO of Magna stated: “We are all extremely proud of the Magna team for achieving this tremendous milestone on schedule. Achieving full-scale commercial production in such a short period of time is a testament to the hard work and quality of our Mexico-based operations team and as a company, we have demonstrated our ability to execute on all our target deliverables.”
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