Month: March 2022

Argonaut Gold Announces Record Annual Production of 244,156 Gold Equivalent Ounces, Leading to Record Annual Revenue of $437 Million and Record Annual Cash Flow(1) of $125 Million

Dan Symons, Vice President, Corporate Development & Investor Relations stated: “2022 was a solid year operationally, as we achieved record annual production, which led to record annual revenue and record annual cash flow. We achieved above our production guidance at La Colorada, near the top of production guidance at El Castillo and San Agustin and near the mid-point of our production guidance at Florida Canyon.”

Minaurum Drills 9.90 m Grading 609 g/t Silver at Alamos Silver Project

“Our Phase II drill program of aggressive step-outs has yielded high-grade silver results at the Cotera, Minas Nuevas and San José veins, significantly expanding the known mineralized footprint of each target,” stated Darrell Rader, Minaurum President and CEO. “We are now planning to transition to more closely-spaced drilling as we advance the Alamos project. We will be providing an update shortly on our plans for 2022.”

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.