Day: July 5, 2022

Oroco Resumes Drilling at Santo Tomas

Oroco Resource Corp. is pleased to announce that it has resumed its drilling operations at Santo Tomas as the Federal military operations in the area have ended. Drilling commenced overnight at Brasiles with the resumption of Hole B007, and in the North Zone with the continuation of Hole N020.

Zacatecas Commences PFS Work at Esperanza Gold Project

Dr Chris Wilson, Chief Operating Officer and a Director of Zacatecas Silver comments, “The appointment of Palaris is a significant step in the overall advancement of the Esperanza Gold Project. A pre-feasibility study is fundamental to decision making and forward planning, and the appointment of Palaris demonstrates our desire to progress the project as quickly and efficiently as possible.”

Newmont Reaches Profit Sharing Agreement with Peñasquito Union

“Through a respectful dialogue and the active participation of union leadership including Senator Napoléon Gómez Urrutia, we reached this agreement without interruption to the operation, ensuring a lasting relationship for the future of Peñasquito.”

SilverCrest Announces First Pour at Las Chispas Mine

N. Eric Fier, CEO commented, “This marks another significant milestone in progressing towards commercial production in Q4, 2022. It is with great pride that I acknowledge the hard work of our team and thank everyone who has contributed to the completion of construction of Las Chispas, ahead of schedule and under budget, and all of those dedicated to commissioning the Mine”.

Mako Mining Provides Update on One Year Anniversary Since Declaring Commercial Production

Akiba Leisman, CEO of Mako states that “this past year has been transformative for the Company. Mako has now been in commercial production for 1 year. Since that time, the Company has profitably produced in excess of 36,000 ounces of gold, reached nameplate capacity of 500 tpd in December of last year, invested over $6 million in growth exploration, repaid approximately $10 million in principal, and began a capital return program to shareholders.”

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.