“Oroco is now highly confident that the close correlation between the DCIP results and our knowledge of the distribution of historically drilled mineralization provides the Company with a compelling basis for use of the DCIP results to guide the targeting of future drilling at the Santo Tomas South, North and Brasiles Zones.”
Great Panther Mining Limited, a growing gold and silver producer focused on the Americas, is pleased to announce the appointment of Sandra Daycock as Chief Financial Officer and Fernando Cornejo as Chief Operating Officer. Neil Hepworth will be retiring as COO, effective June 30, 2021.
“Over the last several months, our exploration drilling on El Orito and El Favor led us to believe that these structures may connect to form a mineralized zone in excess of 3 kilometres. This is a very exciting development which could add greatly to the potential mineral resources in Los Ricos North,” said Brad Langille, President and CEO.
Silver Viper Minerals Corp. is pleased to announce that it has closed the first tranche of its $6 million private placement announced on May 25, 2021, issuing 9,717,061 units of the Company at a price of $0.47 per Unit for aggregate gross proceeds of $4.57 million.
Dr. Thomas S. Kaplan, Chairman of The Electrum Group, Gatos Silver’s largest shareholder, stated “It is a wonderful testament to the institutional quality of Gatos Silver that an executive with Dale’s exceptional pedigree has joined the company’s leadership.”
Carlos Silva, CEO of Santacruz, stated: “The first quarter of 2021 has been a pivotal quarter for Santacruz as we started to see the results of our efforts to increase production at Zimapan both as to throughput tonnage and head grades as we ramp up production from the Lomo del Toro mineralized zone.”
Mel Herdrick, Sonoro’s VP of Exploration noted, “I am pleased that these latest drill holes show the area between the two gold bearing zones, which was previously considered barren, does in fact carry gold mineralization. It is a very encouraging ending for what has been a very effective drill program.”
VanGold Mining Corp. is pleased to announce that it has signed a definitive agreement with European based metals trading firm OCIM Group to obtain a non-dilutive US$7.5m financing in the form of a silver and gold loan to strengthen its balance sheet during the refurbishment of the Company’s El Cubo mine and mill complex located approximately 11 kilometers east of Guanajuato City, in central Mexico.
Fortuna Silver Mines Inc. is pleased to provide an update on the status of the royalty claim on one of its extracting mining concessions at the San Jose Mine located in Oaxaca, Mexico.
First Majestic Silver Corp. is pleased to announce the voting results for its annual general meeting held on May 27, 2021.
Mexico Mining Center © 2021 / All Rights Reserved
