Month: October 2022

MAG Silver Announces Inaugural Sustainability Report

“The publication of our inaugural Sustainability Report marks an important evolutionary milestone for the Company, demonstrating how our long-standing proactive corporate commitment to sustainability, respect, transparency and communication with our stakeholders has been formalized into an ongoing ESG framework for managing and measuring our existing exploration and development programs,” stated George Paspalas, MAG’s President and CEO.

Oroco Expands North Zone Mineralization and Confirms Higher Grade

Richard Lock, CEO, commented: “We are very pleased that the drill results continue to expand the North Zone deposit relative to the Gradeshell. In addition, our recent increase in the number of drills from four to six allows us to dedicate two rigs to target the confirmation and expansion of the historical South Zone mineral resource.”

Guanajuato Silver Production Increases 85% From July to August

James Anderson, Chairman and CEO said, “Within one week of closing our latest Mexican mines acquisition, we had initiated mining of silver-rich material from San Ignacio and began transporting this material to El Cubo for processing; this rapid restart again highlights our team´s ability to swiftly and successfully restart mines and move them towards full production.”

Torex Gold Receives Key Environmental Permit for Media Luna

Jody Kuzenko, President & CEO of Torex, stated: “Receipt of the MIA Integral represents another key milestone in the de-risking of the Media Luna Project, and further demonstrates the ongoing support of local communities and the endorsement of State and Federal Governments of both the social and environmental facets of this project.”

Strategic Shareholder Maintains Equity Ownership in Barksdale

Barksdale Resources Corp. is pleased to announce that Teck Resources Limited, a large shareholder of the Company and one of Canada’s leading mining companies, has elected to exercise its pro-rata equity participation rights and will subscribe for 550,000 units for gross proceeds of $264,000.

Riverside Resources Regains 100% Control of the La Union Gold-Silver-Zinc Project After More than US$500,000 in Partner Funded Exploration and Consolidation Work

Riverside’s President and CEO, John-Mark Staude, commented: “We appreciate the collaboration with Hochschild and the contributions in advancing La Union. The Project has clear exploration upside and while the timing doesn’t currently work to continue with this partnership, we still see an opportunity to create significant value at La Union and will integrate all of the data and evaluate new partnership opportunities in the near future.”

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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.